Skip to Content

AC Milan cuts financial losses in half despite pandemic

KIFI

MILAN (AP) — AC Milan has cut its financial losses in half from last year. The club has reported a loss of $111.8 million for the 2020-21 financial year at a shareholders meeting. That compared to losses of $225 million last year. Inter Milan and Juventus both reported annual losses of more than $250 million last month. Milan has emphasized that in order to bridge the gap with the top European clubs it needs its own stadium. It is planning to build one with Inter.

Article Topic Follows: AP National Sports

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content