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A.C. Milan | Associazione Calcio Milan S.p.A

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Traditional AC Milan Shirt

The club was founded in 1899 by English lace-maker Herbert Kilpin, Alfred Edwards, and four other Englishmen, initially as a cricket club but soon changing to football (or calcio in Italian). Milan have won 17 league titles (only Juventus have won more) and five Coppa Italia. European titles include 7 European Cups and 2 Cup Winners' Cups. Home matches are played at the San Siro (Capacity: 80,018) which is municipally owned and shared with Internazionale. The club was involved in the 1980 Totonero scandal and were relegated to Serie B as punishment, for the first time in their history. The scandal was centred on a betting syndicate that paid players and officials to fix the outcome of matches. The present club owner is Silvio Berlusconi (via his company Fininvest which has 99.93% of the shares) who acquired it in 1986. Milan were involved in the 2006 Serie A scandal where five teams were accused of fixing matches by selecting favourable referees. The Rossoneri were initially punished with a 15 point deduction and consequently did not qualify for the UEFA Champions League. An appeal saw their penalty reduced to 8 points and allowed to retain their 2006-07 Champions League participation, going on to win the competition.

Turnover and pre-tax profit figures are in Euro millions.

Website: 
www.acmilan.com
Financial Overview: 
YearTurnoverPre-tax ProfitWages / Turnover ratio (%)Employees
2007275.442-20.06060.3196
- - -- - -- - -- - -- - -
2004/05230.916-26.44262.9145
2003/04236.456-37.02961.0174
2002/03203.852-47.93076.9
2001/02158.855-100.11278.8
2000/01164.167-63.69769.7
1999/00141.669-28.95552.1
- - -- - -- - -- - -- - -
1995/9663.339-25.00269.1114

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