Milan halve losses and increase revenues

by | May 14, 2021 16:04

Milan are growing on and off the pitch, as the Rossoneri have halved their losses and expect revenues to increase next year, according to La Gazzetta dello Sport.

The newspaper reports the Rossoneri, who are one win away from securing a place in the Champions League, are constantly improving.

The reports reveals the losses were at €195m last June and the rumour estimates halving to €95m losses this year.

Even given the general crisis due to the pandemic, things seem to go well for the Diavolo, both from a sporting and economic point of view.

Milan are growing on and off the pitch, as the Rossoneri have halved their losses and expect revenues to increase next year, according to La Gazzetta dello Sport.

The newspaper reports the Rossoneri, who are one win away from securing a place in the Champions League, are constantly improving.

The reports reveals the losses were at €195m last June and the rumour estimates halving to €95m losses this year.

Even given the general crisis due to the pandemic, things seem to go well for the Diavolo, both from a sporting and economic point of view.

The savings on salaries have led to a €110m containment of the gross burden, while attention has increased on the commercial front, with the arrival of new sponsors.

The report reveals last season the club’s revenue with the stadiums open were €35m and next year they expect a return to €50m.

The club could get another €50m if they qualify for the Champions League and thus the revenues could increase by €100m.

Club by Club News

 NEWS

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