Milan report €96.4m loss in 2020-21

by | Sep 27, 2021 16:59

Milan made clear improvements compared to 2019-20, as the Rossoneri reported a loss of €96.4m in 2020-21.

The Diavolo finished second in Serie A last term and are currently preparing to play Atletico Madrid in the Champions League tomorrow.

The return among the elite is not the only sign of a healthy Milan, as the club’s project to invest in younger players has clearly paid off economically.

Milan reportedly closed the financial year on June 30, 2021, with a loss of €96.4m, which is almost €98.2m less than the previous season.

In 2019-20, the club reported a total loss of €194.6m. Calcio e Finanza reports Milan managed to reverse the trend despite strengthening the squad ahead of a busy season.

Over €70m were invested, while the club doesn’t have any debts towards the banking system, according to the outlet.

Milan are currently second in Serie A, two points behind leaders Napoli and two points above Inter at third in the Italian top flight.

3 Comments

  1. Milan Fan

    That’s good to hear. This management actually know what they’re doing.

  2. Vinnie

    Aaaaand had Hakan and primaDonna had any integrity their sales prices would have canceled that out with ease so overall the club is back on stabile ground. Fantastic.

  3. Dino Tomassoni

    Couple of big issues ahead though . Kessie and Theo are going to cost , we have another year with Diaz . Some money will be going out . CL will help the bottom line as well . Heading in the right direction for sure .
    Forza Milan !

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