The new stadium project is crucial in AC Milan and Inter’s bid to re-establish themselves among Europe’s elite, as the numbers demonstrate.
Il Sole 24 Ore (via Calciomercato.com) report how the accounts for the year ending 30 June 2022 showed a strong economic recovery for both Inter and Milan. The impacts of the pandemic are still being felt, but thanks to the work of both commercial areas of the two clubs the revenue figures are on the up.
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What is missing to further close the gap with the ‘elite’ sides in Europe is to get a better TV rights deal but also to move into a new era with the construction of a state of the art home for both clubs.
The revenue of the two clubs reached record levels of €439m for Inter and €297m for Milan – an increase in revenues of over €100m for the Rossoneri and about €90m for Inter. However, the clubs know there is room to grow more and they have been working for some time on a restyling of the brand both in terms of iconography (e.g. the new Inter logo) and in terms of image through partnerships.
In addition to the much-debated TV rights issue, the stadium question must be solved. At San Siro the revenues are currently capped below €40m for both sides because of various limitations such as the rent owed to the Council.
With a new stadium, both clubs aim to raise revenues to no less than €100m, which is €70m more than today and can make a huge difference in the budget and for the club’s future projects. More money received is more money to invest.
