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finances, revenues, transfers and salaries AC Milan

Here you will find comprehensive information on AC Milan finances, transfers and player salaries. We offer you detailed insights into the club's financial situation, including revenue from merchandising, sponsorship and ticket sales, as well as spending on player transfers, salaries and infrastructure. Our website is updated regularly to ensure you are always aware of the latest developments.


Associazione Calcio Milan, also known as AC Milan or simply Milan, is an Italian football company based in Milan, Lombardy, founded in 1899.

The team is also known as I Rossoneri (The Red-Blacks) or Il Diavolo (The Devil).

AC Milan is one of the most successful football clubs in the world, having won 19 domestic league titles, five domestic cups, seven European Champion Clubs' Cups and UEFA Champions Leagues, four Intercontinental Cups, two European Cup Winners' Cups and five UEFA Super Cup victories.

The Giuseppe Meazza Stadium, also known as San Siro, is the club's home ground. It is shared with city rivals Inter Milan.

  • Name: Association Calcio Milan SpA

  • Headquarters: Milan, Italy

  • Foundation: December 16, 1899

  • Colours: red, black

  • Shareholders:

    • 99.93% Red Bird Capital Partners

    • 0.07% minor shareholders

  • Website:

  • Venue: Giuseppe Meazza Stadium

  • Capacity: 75,923

  • League: Serie A

Revenues AC Milan

Associazione Calcio Milan SpA was a subsidiary of Silvio Berlusconi's Italian holding company Fininvest from 1986 to 2017.

In August 2016, Fininvest sold all shares in the club (corresponding to 99.93%) to the Chinese investor consortium Sino-Europe Sports Investment Management Changxing Co. Ltd. The purchase price was 740 million euros, taking into account 220 million euros in debt. The consortium committed to investing a total of 350 million euros in the club over the next three years.

From April 2017 to July 2018, the consortium held the majority of the shares via the Luxembourg company Rossoneri Sport Investment Lux S.à rl.

In July 2018, the US investment company Elliott Management Corporation took over the majority of the company after the consortium led by Li Yonghong failed to repay the loans to Elliott, who acted as lenders, and could no longer guarantee the financial obligations to the association.

Various subsidiaries belong to the association, such as Milan Real Estate SpA (100%), Milan Entertainment Srl (100%), AC Milan Sports Development Co. Ltd. (100%), Fondazione Milan – Onlus (100%), MI Stadio Srl (50%) and Asansiro Srl (45%).

AC Milan's revenues from the financial years 2005/06 to 2020/21:

  • Fiscal year 2020/21: revenue 297.70 million euros

  • Fiscal year 2019/20: revenue 149.00 million euros

  • Fiscal year 2018/19: revenue 216.30 million euros

  • Fiscal year 2017/18: revenue 208.00 million euros

  • Fiscal year 2016/17: revenue 222.90 million euros

  • Fiscal year 2015/16: revenue 215.00 million euros

  • Fiscal year 2014/15: revenue 199.00 million euros

  • Fiscal year 2013/14: revenue 250.00 million euros

  • Fiscal year 2012/13: revenue 264.00 million euros

  • Fiscal year 2011/12: revenue 257.00 million euros

  • Fiscal year 2010/11: revenue 235.00 million euros

  • Fiscal year 2009/10: revenue 244.00 million euros

  • Fiscal year 2008/09: revenue 197.00 million euros

  • Fiscal year 2007/08: revenue 210.00 million euros

  • Fiscal year 2006/07: revenue 229.00 million euros

  • Fiscal year 2005/06: revenue 220.00 million euros

AC Milan's revenues have fluctuated greatly in recent years. From 2005/06 to 2011/12 there was a general upward trend with revnues increasing from 220 million euros to 257 million euros. In the following 2012/13 season, revneus peaked at 264 million euros. From 2013/14, however, revnues fell again. In the 2019/20 season, there was a revnue of only 149 million euros, which is partly due to the COVID-19 pandemic and its impact on football. In the 2020/21 season, revenues recovered significantly to 297.7 million euros and even exceeded the revenues of 2013/14.

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