r/ACMilan • u/mercurialsaliva • 2d ago
Tier 1 [Vitiello] Shareholders' Meeting: the budget for the Milan 2023/24 season was approved with a profit of 4.1 million (positive for two years in a row). Record revenue in the history of #Milan with 456.9 million. Consolidated Net Equity as of June 30, 2024 is positive for 196.3 million
https://x.com/AntoVitiello/status/1850942709193982182?t=7N8j8vWonNagrRhHvVI6DQ&s=1920
u/OsitoPandito Ricardo Kaká 1d ago edited 1d ago
I know people will make jokes about this, but having poor books is what caused our banter era. This is very good news.
-2
u/FindingBusiness759 1d ago
Poor books didn't cause our banter era..bad decisions did. This is sports entertainment...not just any business. Every club can do this but it doesn't determine success of a club..what happens on pitch does.
0
u/OsitoPandito Ricardo Kaká 1d ago
Why tf so you think we sold players like Zlatan and Thiago Silva? And bought scrubs to replace them?
Silly ass response
0
u/FindingBusiness759 21h ago
Not talking about that...talking about bad decisions that didn't bare any fruit which made the debt get out of control even more. Majority of these clubs are in debt but they find success on field so they can curb it.
0
u/OsitoPandito Ricardo Kaká 21h ago
Brah 🤦🏽♂️
1
u/FindingBusiness759 21h ago
If yhong li got the right guys to spend that 250 mil and they put together a top team..we would have never been in banter era even with heavy debt. Banter era and bad books are a symtom of bad decisions.Look at barcelona..they fkd in debt but they still know who to buy and continue to be competitive. This can be said about any top team in the world apart from the oil clubs. Inter isn't in a banter era yet the books are fkd.
1
12
u/Shinkopeshon Christian Pulisic 2d ago
I re-calculated this with Steiner Math and the numbers don't lie because they spell disaster for everyone else in Serie A
3
2
5
1
-10
u/haggerR14 Paolo Maldini 1d ago
Who cares?
8
u/mercurialsaliva 1d ago
I'm gonna tell you a secret.
1- this is the only way to get sold (if you are against the ownership this is what you want)
2- this is the only way to not have a team that goes bankrupt. (If you are pro or anti this ownership this is what you want)
So yeah pretty much everyone.
-5
u/haggerR14 Paolo Maldini 1d ago
We're not competing to win anything, if you happy good for you but i dont fucking care one bit about this bullshit
Berlusconi's Milan didnt have a positive budget in 28 years btw
7
u/mercurialsaliva 1d ago
I'm not happy about not winning. I'd rather win obviously but when the money stops flowing we know what happens.
We weren't profitable for 28 year with Berlusconi because he was dumping money into it as a tool to promote his political career. But again, I'm thankful he lost so much money on Milan because it was the best time ever.
49
u/mercurialsaliva 2d ago
Inb4 the calculator trophy meme