Milan, the balance sheet: profit of 6 million and record revenues

The financial year ended in June recorded very positive entries. The plus sign had been missing for 16 years

Positive predictions have been coming for months now, and now that the date of the shareholders’ meeting is approaching (end of October), even more plausible data are filtering in on Milan’s financial health. Which is not only good but excellent, especially in light of the dark years from which the Devil came in this respect.

Meanwhile, as underlined by the analysis of Football&Finance, is further confirmed by the “plus” sign that will appear in the financial statements closed on 30 June 2023, and which had been missing for almost sixteen years (financial year ended 31 December 2006). A positive net result which should be 6 million and which reduces the 66.5 million red recorded last year. But there is also another particularly happy fact for the Rossoneri club. And it is that of revenues – an item particularly paid attention to by Cardinale – which is expected to exceed 400 million. A figure never reached by the company, driven by the increase in commercial revenues and sponsorships (but not only). Suffice it to say that the previous financial year closed with revenues of 297 million.

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