Breakdown of the 2022-23 balance sheet as Milan register €6m profit [Bonus article]

The 2022-23 balance sheet has officially been approved by AC Milan’s shareholders and the club registered a profit of almost €6.1m. It’s the first time the Rossoneri have ended up in the green since 2006, which is largely thanks to their amazing run in the Champions League.

In today’s climate, however, it’s quite remarkable that RedBird and Gerry Cardinale have been able to lead the club to a profit. And no, Sandro Tonali’s sale is not included in the 2022-23 balance sheet, so the money collected is mainly from the recent commercial boom and as said, the success in the Champions League.

There are many interesting things in the documents, which we have been able to get our hands on, and we thought it would be best to break down the balance sheet. What are the key revenue sources, what are the main costs and can Milan continue on this path for the current season? Everything you need to know can be found below.