Deloitte: Milan above Inter and Juventus with most revenues in Serie A – the breakdown | OneFootball

AC Milan continue to go from strength to strength in financial terms, as they have the highest revenues of any Italian club.

According to the latest issue of the Deloitte Money League, Milan are in first place among Italian clubs for revenues not deriving from the purchase and sale of players. The club boasted a turnover of €397.6m in 2024 and are in 13th place at an overall European level.

There has been a growth of €12.3m compared to 2023 and this is down to increased commercial revenues of €150m, compared to €124m a year ago. Box office (ticket and matchday) revenues are on the rise too: €87m against €79m in 2023.

On the other hand, revenues from TV rights went down from €161m compared to €182m last year. The main positive is the exponential growth over the last five years:

➤ 2020: €154m ➤ 2021: €216m ➤ 2022: €257m ➤ 2023: €398m

The average Money League club generated €560m, comprised of €244m (44%) commercial revenue, €213m (38%) broadcast revenue, and €103m (18%) matchday revenue.

Real Madrid have become the first club to surpass €1bn revenues in a single season, remaining at the top of the Money League. They are followed by Manchester City (€838m), Paris Saint-Germain (€806m), Manchester United (€771m) and Bayern Munich (€765m).

Inter are one place below Milan with €391m in revenues, while Inter are two spots below them on €355.7m, having relinquished top spot in recent years.