CF: Milan register third consecutive year of profit - new record and the future
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CF: Milan register third consecutive year of profit - new record and the future
"AC Milan, for a third year in a row, have ended the previous season in profit. An interesting one, but an important one, nonetheless. In recent years, there has been a greater focus on sustainability rather than success, according to some members of the Milan fanbase. Ultimately, though, one is not possible without the other. Chasing success without keeping track of figures is dangerous."
"So, as Calcio e Finanza report today, the Rossoneri have confirmed a third consecutive year of profit for the first time in the club's history, as MilanNews relays. The board of directors met today and approved the figures, so they have officially closed the year with a positive net result of €3m. These figures have been helped by sacrifices along the way, like Sandro Tonali's sale to Newcastle United to start the trend and Tijjani Reijnders' exit to Manchester City to continue it this year."
AC Milan recorded a third consecutive year of profit, closing the financial year with a positive net result of €3m. The club prioritized sustainability alongside sporting ambitions, emphasizing that chasing success without fiscal discipline is dangerous. Financial discipline included player sales such as Sandro Tonali to Newcastle United and Tijjani Reijnders to Manchester City, which helped produce positive results. Clubs must avoid heavy debt and adapt to stricter financial guidelines. The club aims to improve its financial position to fund long-term projects, with a new stadium identified as a cornerstone of future strategy that could reduce the need for further sacrifices.
Read at SempreMilan
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