Thursday, November 6, 2025
20.7 C
Malaysia
the sun malaysia ipaper logo 150x150
spot_img

AC Milan posts third straight profit as San Siro purchase completed

The Sun Sport

AC Milan records €3 million profit for 2024/25 season while completing San Siro stadium acquisition with Inter Milan in €197 million deal.

AC MILAN announced a €3 million profit for the 2024/25 season on Wednesday.

The Serie A club confirmed its third consecutive year of profitability despite a €1.1 million decrease from the previous campaign.

This profit decline occurred despite Milan achieving club-record revenues of €494.5 million through June 30, 2025.

The club’s accounts will face challenges this season due to absence from European competition.

ALSO READ: AC Milan deny Roma Serie A top spot with 1-0 victory at San Siro

Massimiliano Allegri took charge of Milan last summer and currently has the team sitting third in Serie A.

Milan and Inter Milan both celebrated completing the acquisition of San Siro stadium land from the city of Milan.

The two clubs purchased just over 28 hectares for €197 million in a landmark deal.

They can now proceed with a €1.2 billion redevelopment project for the historic stadium area.

Inter Milan had previously announced profits of €35.4 million in late September.

The city of Milan voted in favour of the San Siro sale shortly before Inter’s profit announcement. – AFP

Related

spot_img

Latest

Flu Wave Hits Southeast Asia, Highlighting Gaps in Protection for the Elderly

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 5 November 2025 - Many countries in Asia are reporting a sharp rise in flu cases. The intensified rainy season is fueling transmission and creating ideal conditions for rapid spread.

Most Viewed

XTransfer and Bank SinoPac Announce Partnership at Hong Kong FinTech Week

HONG KONG SAR - Media OutReach Newswire - 5 November 2025 - XTransfer, World's Leading B2B Cross-Border Trade Payment Platform and Bank SinoPac, acting through its Hong Kong Branch (hereinafter referred to as the Bank SinoPac Hong Kong Branch) are pleased to announce a comprehensive collaboration.
spot_img

Popular Categories

spot_imgspot_img