
"I'll tell you, without summarising everything, three important things. The first is that we've closed the year in the black for the third consecutive year, after 17 years of Milan not closing in on a profit. I consider that a brilliant result. If I exclude TV rights and player trading, everything else has increased from €90m in 2019 to €240m this year. Everything outside of TV rights and player trading has tripled: something spectacular, which gives me confidence for the future."
"To a certain extent, they are independent of our sporting results: they allow us to get through sad years like this one we're experiencing without the Champions League. In player trading, we've earned €62m in the last four years. Inter and Napoli have earned more. What does that mean? That we need to sell players less than other clubs to balance the budget."
AC Milan presented consolidated financial statements for the year ending 30 June 2025, posting a consolidated profit of €3m and record revenues of €494.5m, up 10% from 2023-24. The club achieved a third consecutive profitable year for the first time in its modern history. Revenue streams excluding TV rights and player trading rose from €90m in 2019 to €240m this year. Player trading produced €62m over the last four years, with the sale of Reijnders providing a substantial capital gain in the most recent budget. Questions at the Shareholders' Meeting covered the stadium project, Board changes, and the possible return of Adriano Galliani.
Read at SempreMilan
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