AC Milan €145 million in the red
17 October 2019
The club are expected to post a loss of €145.9 million for the 2018/19 season, roughly €20 million more than last season.
Despite an increase in income from TV rights, the club's overall revenue also fell a considerable amount.
Dark times abound for AC Milan, who are expected to post a massive loss on the balance sheet for last season, according to Italian media reports.
The club, currently placed 13th in the Serie A, will post a loss of €145.9 million for the 2018/19 season, about €20 million more than the previous season, along with a decrease in overall revenue of 6.1 per cent to €241.1 million, according to calcioefinanza.it.
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