Milan approved the financial statements for the 2025/26 season, which closed with a turnover of €464.6 million and a net loss of about €24 million. After three consecutive seasons in profit, the red‑and‑black club therefore returned to a loss, mainly because of the economic impact of missing participation in European competitions.

Despite the deficit, the company highlights a significant resilience of revenues, which remained at levels close to the recent record seasons. Turnover therefore grew by 1.7 % compared with 2023/24, while a decline of 6 % is recorded compared with 2024/25.

Among the positive aspects, the growth of the commercial area stands out: for the first time in the club’s history sponsorships have exceeded €100 million. The ticketing sector also continues to deliver important results, with Milan confirmed for the second consecutive year as the club with the highest average attendance in Serie A, exceeding 72,000 spectators per match.

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The brand value is also increasing. According to data cited by the club and attributed to Brand Finance, in 2026 the Milan brand reached a record €514 million, a growth of 28 % in the last year.

The company also highlighted the role of the strategy pursued by RedBird, with investments in the sporting project and the development of the new Milan stadium. Net financial position stands at €145.3 million, compared with roughly €92 million in the previous season, while equity amounts to €176.4 million.

The club now looks to the coming years, focusing on the new facility and commercial growth to further increase its competitiveness on and off the field.