Thursday's Most Important Stories: AC Milan confirm loss as turnover drops; German Football League recognises "unfortunate" exclusion of spectators; FC Porto close season with €116 million loss

29 October 2020

ACMilan
Photo: PA Images AC Milan's have confirmed the 2019/20 season ended in a net loss of €194.6 million as a result of lower revenues and increased operating expenses-
Emil Gjerding Nielson nielson@offthepitch.com

1. AC Milan confirm loss as turnover drops

AC Milan's have confirmed the 2019/20 season ended in a net loss of €194.6 million as a result of lower revenues and increased operating expenses, according to Calcio Finanza. Despite its monumental size, the loss is only an increase of around €50 million on the year prior. 

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