AC Milan have been through some tough years recently but it seems they are finally on the right path. In addition to Champions League qualification, the club’s accounts are also looking much better.
Compared to the fiscal year that ended June 30th 2020, as highlighted by MilanNews, Milan have registered a debt of €100m on the balance sheet this fiscal year. That’s a €95m difference which just shows how well the club has done lately, despite the COVID crisis.
Over the last few months, Milan have secured twenty partnerships of varying duration and size. And, of course, the return to Champions League was extremely important from a commercial point of view (competition money and exposure).
However, to make Milan’s accounts even more prosperous, their own stadium is needed. It’s a battle of necessity, as the report continues, and not an ideological one. Only then will they be able to reach very good numbers revenue-wise.