Milan today presented the 2025/26 financial statements, which closed on 30 June with a loss of 24 million euros, to the Shareholders' Meeting. The document, accompanied by an official press release, confirmed the solidity of the club's business model despite the difficulties of the season. President PaoloScaroni underlined how GerryCardinale's leadership and RedBird Capital's investments represented a turning point for the club's growth, guaranteeing a solid foundation for the future and keeping sporting competitiveness at the center of priorities.
Scaroni also highlighted the appointment of MassimoCalvelli as CEO, which occurred during the year, as an integral part of this strategic direction. According to the president, Calvelli will bring a new management vision that aligns with Milan's long-term objectives. “Our business model is robust and Calvelli's management will further strengthen our ability to compete both on and off the field,” Scaroni said, without directly quoting the text.
A turning point for the club is the presentation of the architectural project of the new stadium, which, according to Scaroni, will represent an investment destined to transform the future of Milan, its fans, the city of Milan and Italian football. The project, which will be discussed in the coming months, aims to create a modern facility capable of welcoming a wider audience and offering new business opportunities.
Regarding the financial situation, the loss of 24 million euros was mainly attributed to transfer costs and the effort to maintain competitiveness in Serie A. However, the balance sheet also highlights an increase in revenue from sponsorships and television rights, thanks to the more efficient management of commercial partnerships.
Milan is now preparing to focus on the future, with the confirmation of the new stadium and the implementation of Calvelli in his new position. The coming weeks will see the details of the project finalized and construction activities planned, as the club continues to work to consolidate its position both in the market and on the pitch.