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.
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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.
