Milan closed their 2023/2024 balance in the black for the second straight season, by €4,1M this time. They recorded their highest-ever revenue: 456,9M.

Milan Officialize the Numbers for a Few Key Deals

Milan closed their 2023/2024 balance in the black for the second straight season, by €4,1M this time. They recorded their highest-ever revenue: 456,9M. The paperwork also disclosed the final figures for their past transfer market moves (via Calcio e Finanza).

The Rossoneri made a €48.4M plusvalenza on Sandro Tonali, who was sold to Newcastle United for €58,9M while having a €10.4M accounting value. The Charles De Ketelaere income will be registered next year because he technically headed back to Atalanta on another loan but with an obligation to buy.

As for the purchases, Milan spent €21M for Samuel Chukwueze and Yunus Musah, €20,7 for Christian Pulisic, €20.5M for Tijjani Reijnders, €18.9M for Ruben Loftus-Cheek, €15.5M for Noah Okafor, €810k for Devis Vasquez and €500k for Luka Jovic.

President Paolo Scaroni commented (via Calciomercato).

“Our goal is to have good numbers. Keeping them under control is essential to continue to invest. A small profit or loss doesn’t make much of a difference. The managers won’t have an extra bonus if we build a new stadium. That’s fake news. We’re determined enough on the topic already.”

According to recent reports, Milan and Inter would have to spend €200M to buy San Siro and its nearby area.

“It’s not only about the cheque. It’s a complicated matter. As long as the picture isn’t complete, it’s hard to advance. The San Donato project remains at the heart of our strategy. The new element is that staying put seemed like a dead end three or four months ago. That’s no longer the case, but it doesn’t mean that we have solved every problem. There’s a long road ahead.”

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