AC Milan continue to show commercial strength third year of profit

November 6 – AC Milan have posted a third consecutive year of profit, recording a €3 million positive result for the 2024/25 financial year, with total revenues rising to a record €494.5 million — a 10% increase on the previous season.

The figures, presented at the club’s Shareholders’ Meeting, underline steady financial progress since RedBird Capital’s takeover, as Milan continue to pursue a strategy centred on commercial expansion and cost control.

The club’s financial growth was driven primarily by their commercial operations, including sponsorships, royalties, and merchandising, which totalled €152.3 million, up 6% year-on-year.

Media and broadcasting income increased by €1.9 million, while player trading revenues rose 30.6%, helped by a net gain of €14.3 million in player registration rights. It also calculated that over the past two seasons, Milan has spent more than €250 million on new players.

Despite the lack of income from European competitions in 2024/25, the club reported a positive consolidated net equity of €199 million as of June 30, 2025. Net financial debt stood at €92.6 million, up €43 million on the previous year — a rise attributed to transfer activity and capital expenditure.

The board described the results as consistent with RedBird’s long-term plan to stabilise Milan’s finances while maintaining competitiveness on the pitch.

Milan’s accounts also highlighted the ongoing Milan Futuro project, which focuses on developing youth talent as both a sporting and financial asset.

The club’s new stadium project remains a central element of their strategic plan. The club confirmed the acquisition of the San Siro Great Urban Function site in a joint statement with Inter Milan – taking the first major step in preparations for construction.

The project, designed by Foster + Partners and MANICA, will be a modern, multi-purpose venue focused on strengthening matchday and event revenue.

Alongside the financial report, Milan published their 2024/25 Sustainability Report, which includes new policies on maternity leave for female players and staff, as well as updated supplier evaluation criteria and environmental targets.

While Milan’s profitability marks a notable achievement in the context of Serie A’s broader financial challenges, the coming seasons – particularly with stadium financing on the horizon – will test the club’s ability to sustain this balance between growth and stability.

Contact the writer of this story, Harry Ewing, at moc.l1762429918labto1762429918ofdlr1762429918owedi1762429918sni@g1762429918niwe.1762429918yrrah1762429918