AC Milan’s growth on and off the field continues and a study has shown that their value as a business has increased the most of any European team.
Milan have been on a more virtuous path since Elliott Management took over as the performances on the pitch have led to the team getting back into the Champions League and also resulted in a Scudetto win, while away from the field the accounts have improved due to more controlled spending.
As reported by Sky Sport through ‘The European Elite’ (via MilanNews), AC Milan had the greatest growth in business value in 2022, reaching the figure of €578m. In 2021 it was much less due to it being the year of the pandemic which affected revenues, and back then it was €427m.
That is lower than the €526m in 2020, the €555m in 2019, the €514m in 2018 and the €547m in 2017. In Europe, Milan are the club that registered the highest growth this year.