Thursday briefing: AC Milan confirm €66.5 million loss
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27 October 2022 - 3:30 AM
AC Milan have confirmed a loss of €66.5 million for the 2021/22 financial year, down from the deficits of €96.4 million in 2020/21 and €194.6 million in 2019/20.
The club’s financial statement, which was approved at the shareholders' meeting on Wednesday, shows that total revenues climbed to €297.6 million, compared to €261.1 million the previous year.
The increase in turnover was driven by higher matchday income following the reopening of stadiums, an increase in broadcas
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