Fear continues at Milan: Recording Record Financial Loss

Fear continues at Milan: Recording Record Financial Loss

Milan has registered a record 145.9m euros loss for the 2019/20 edition, undergoing a 6.1% drop in revenue, but the club reportedly is not worrying much about it. Documentation signed by the president, Ivan Gazidis confirms that the club seized a loss of 145.9m euros, 20m more [...]

Milan has registered a record 145.9m euros loss for the 2019/20 edition, undergoing a 6.1% drop in revenue, but the club reportedly is not worrying much about it.

Documentation signed by the president, Ivan Gazidis, confirms that the club seized a loss of 145.9m euros -- 20m more than the previous year, Periscope reports.

This represents one of the biggest losses in Milan's history, but the most disturbing signs are falling through many income channels.

Total profits have dropped from 244.8 million in the 2017/18 edition to 241.1 million this campaign, a 6.1% drop. /Periscope. com/

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