Breaking News: AC Milan Announces Full Financial Statements for the 2023-2024 Season
AC Milan, one of Europe’s most historic football clubs, has officially released its financial statements for the 2023-2024 season following the closure of the fiscal year on June 30, 2025. The report highlights significant milestones, record revenues, and a second consecutive year of profitability, reinforcing the club’s robust financial growth and strategic direction.
Key Highlights of the Financial Report
AC Milan reported a net profit of €4.1 million for the 2023-2024 season, matching the profitability achieved in the previous fiscal year. This performance underscores the club’s commitment to balancing financial stability with ambitious investments in its sporting project.
Total revenues reached a record €457 million, reflecting a remarkable 13% increase compared to the €404.5 million recorded in the prior season. The growth was driven by strong performances across multiple revenue streams, including sponsorships, commercial activities, and player trading.
Revenue Breakdown
Sponsorship and Partnerships: The club secured an additional €9.7 million in sponsorship revenue, bringing the total to €90.5 million. This growth is attributed to several high-profile partnerships signed during the season.
Commercial Activities: Income from commercial ventures and royalties rose by €6.4 million, totaling €52.9 million. Enhanced sales of premium stadium seating and hospitality packages significantly contributed to this figure.
Player Trading: AC Milan excelled in the transfer market, generating €45.9 million through capital gains and loan income, further bolstering its financial position.
Investment in Sporting Success
The club’s financial strategy reflects a strong emphasis on improving its squad. Over the last two transfer windows, AC Milan invested over €100 million net in player acquisitions, a testament to its commitment to competing at the highest levels domestically and internationally. Player wages also increased by 8% compared to the 2022-2023 season, showcasing a focus on retaining and attracting top talent.
Challenges and Adjustments
Despite the positive results, the financial report revealed a €40 million decline in audiovisual and ticketing revenues. This was primarily attributed to the men’s First Team’s performance in European competitions, which fell short of expectations. However, the club remains optimistic about future campaigns and aims to leverage its enhanced squad for better results.
Strengthened Financial Position
As of June 30, 2024, AC Milan’s consolidated net equity stands at €196 million, up by €20 million from the previous year. Net financial debt is reported at approximately €50 million, a manageable figure given the club’s revenue growth and profitability.
Global Brand Expansion
AC Milan continues to solidify its global footprint. The 2023-2024 season saw the club open Casa Milan Dubai and participate in international tours across the United States, Australia, and Mexico. These initiatives have elevated the club’s brand value, with independent studies ranking AC Milan as one of the fastest-growing football brands worldwide.
Looking Ahead
AC Milan’s latest financial report underscores the effectiveness of its strategic initiatives in maintaining profitability while pursuing sporting excellence. With a clear focus on revenue diversification, brand expansion, and squad investment, the club is well-positioned to achieve sustained success in the years to come.
For detailed insights, the full financial report is ava
ilable on the club’s official website.
