Live Bar September 30th AC Milan Club held a board meeting and disclosed the financial status of the 2021-2022 fiscal year. Milan's revenue increased by 14% compared with the previous fiscal year and the fiscal deficit decreased by about €30 million.
financial report pointed out that Milan's revenue in the 2021-2022 fiscal year increased by 14%, reaching 297.7 million euros, an increase of 36 million euros over the 2020-2021 fiscal year. The main reasons for the revenue growth are the reopening of the stadium, the TV broadcast fees and the revenue of new sponsors. In terms of the deficit of
, Milan's fiscal deficit in fiscal 2021-22 decreased by about 30 million euros, from 96.4 million euros in fiscal 2020-21 to 66.5 million euros now.
In addition, Milan also benefited from the new law to revaluate the value of the "Milan" brand. The current brand's latest valuation is about 200 million euros, although this valuation is only an evaluation item that has no impact on the account and will not participate in any financial transactions.
(Iron Armor Steel Fist)
