Associazione Calcio Milan (Italian pronunciation:[assotʃatˈtsjoːneˈkaltʃoˈmiːlan]), commonly referred to asMilan orAC Milan (Italian pronunciation:[atˌtʃimˈmiːlan]) mainly outside of Italy,[6] is an Italian professionalfootball club based inMilan,Lombardy. Founded in 1899, the club competes in theSerie A, the top tier ofItalian football. In its early history, Milan played its home games in different grounds around the city before moving to its current stadium, theSan Siro, in 1926.[7] The stadium, which was built by Milan's second chairman,Piero Pirelli, and has been shared withInter Milan since 1947,[8] is the largest in Italian football, with a total capacity of 75,817.[9] The club has a long-standing rivalry with Inter, with whom they contest theDerby della Madonnina, one of the most followed derbies in football.[10]
Milan has spent its entire history in Serie A with the exception of the 1980–81 and 1982–83 seasons.[11][12]Silvio Berlusconi’s 31-year tenure as Milan president was a standout period in the club's history, as they established themselves as one of Europe's most dominant and successful clubs. Milan won 29 trophies during his tenure, securing multiple Serie A andUEFA Champions League titles. During the1991–92 season, the club notably achieved the feat of being the first team to win the Serie A title without losing a single game.[13] Milan is home to multipleBallon d'Or winners, and three of the club's players,Marco van Basten,Ruud Gullit, andFrank Rijkaard, were ranked in the top three on the podium for the1988 Ballon d'Or, an unprecedented achievement in the history of the prize.[14]
Milan is one of the wealthiest clubs in Italian and world football.[20] It was a founding member of the now-defunctG-14 group of Europe's leading football clubs as well as its replacement, theEuropean Club Association.[21]
"We will be a team of devils. Our colours will be red like fire and black like the fear we will invoke in our opponents."
— 1899, Herbert Kilpin
AC Milan was founded as Milan Foot-Ball andCricket Club in 1899 by English expatriateHerbert Kilpin.[12] The club claims 16 December of that year as their foundation date,[24] but historical evidence seems to suggest that the club was actually founded a few days after, most likely on 18 December.[2] However, with the club's charter being lost, the exact date remains open to debate.
In honour of its English origins, the club has retained the English spelling of the city's name, as opposed to the Italian spelling Milano, which it was forced to bear under thefascist regime. Milan won its first Italian championship in1901, interrupting a three-year hegemony ofGenoa, and a further two in succession in1906 and1907.[11] The club proved successful in the first decade of its existence, with several important trophies won, including, among others, theMedaglia del Re three times,[25] thePalla Dapples 23 times[26] and theFGNI tournament five times, a competition organized by theItalian Gymnastics Federation but not officially recognized by theItalian Football Federation.[27]
In 1908, Milan experienced a split caused by internal disagreements over the signing of foreign players, which led to the forming of another Milan-based team,F.C. Internazionale.[28] Following these events, Milan did not manage to win a single domestic title until1950–51,[16] with some exceptions represented by the 1915–16Coppa Federale[29] and the 1917–18Coppa Mauro,[30] two tournaments played during theFirst World War which, especially the former, received a lot of attention and proved to be highly competitive, despite them not being officially recognized by the Italian federation.
Return to victory and international affirmation (1950–1970)
Domestically, the 1970s were characterized by the pursuit of the 10th Serie A title, which grants the winner theScudetto star. For three years in a row, in1971,1972 and1973, Milan ended up second in the league, after some memorable duels with Inter and Juventus. Finally, the achievement was reached in1979. The same year saw the retirement ofGianni Rivera and the debut ofFranco Baresi, at his first full season with the club.
After this success, the team went into a period of decline. The club in1980 was involved in theTotonero scandal and as punishment wasrelegated toSerie B for the first time in its history.[35] The scandal was centred around a betting syndicate paying players and officials to fix the outcome of matches.[35] Milan achieved promotion back toSerie A at the first attempt, winning the1980–81 Serie B title,[16] but were again relegated a year later as the team ended its1981–82 campaign in third-last place. In1983, Milan won the Serie B title for the second time in three seasons to return to Serie A,[16] where they achieved a sixth-place finish in1983–84.
Berlusconi's ownership and international glory (1986–2012)
After Sacchi left Milan in 1991, he was replaced by the club's former playerFabio Capello whose team won three consecutiveSerie A titles between1992 and1994, a spell which included a 58-match unbeaten run in Serie A (which earned the team the label "the Invincibles"),[37][39][40] and back-to-backUEFA Champions League final appearances in1993,1994 and1995. A year after losing 1–0 toMarseille in the1993 Champions League final, Capello's team reached its peak in one of Milan's most memorable matches of all time, the famous 4–0 win overBarcelona in the1994 Champions League final.[39] Capello's side went on to win the1995–96 league title before he left to manage Real Madrid in 1996.[39] In1998–99, after a two-year period of decline, Milan lifted its 16th championship in the club'scentenary season.
Milan's next period of success came under another former player,Carlo Ancelotti. After his appointment in November 2001, Ancelotti took Milan to the2003 Champions League final, where they defeatedJuventus onpenalties to win the club's sixth European Cup.[41] The team then won the Scudetto in2003–04 before reaching the2005 Champions League final, where they were beaten byLiverpool on penalties despite leading 3–0 at half-time.[41] Two years later, the two teams met again in the2007 Champions League final, with Milan winning 2–1 to lift the title for a seventh time.[41][42] The team then won its firstFIFA Club World Cup in December 2007.[43] In 2009, after becoming Milan's second longest serving manager with 420 matches overseen,[43] Ancelotti left the club to take over as manager atChelsea.
During this period, the club was involved in theCalciopoli scandal, where five teams were accused of fixing matches by selecting favourable referees.[44] A police inquiry excluded any involvement of Milan managers;[45] theItalian Football Federation (FIGC) unilaterally decided that it had sufficient evidence to charge Milan vice-presidentAdriano Galliani. As a result, Milan was initially punished with a 15-point deduction and was banned from the2006–07 UEFA Champions League. An appeal saw that penalty reduced to eight points,[46] which allowed the club to retain its Champions League participation.
After their 18th Scudetto, the club declined in performance. Milan failed to qualify to European competitions for a few years, and the only trophy won was the2016 Supercoppa Italiana, achieved underVincenzo Montella's coaching after defeating Juventus in the penalty shoot-out.[citation needed]
On 5 August 2016, a new preliminary agreement was signed with the Chinese investment management company Sino-Europe Sports Investment Management Changxing Co., to which Fininvest sold a 99.93% stake of Milan for about €520 million, plus the refurbishment of the club financial debt of €220 million.[49] On 13 April 2017, the deal was completed and Rossoneri Sport Investment Lux became the new direct parent company of the club.[50] In order to finalise the deal, American hedge fundElliott Management Corporation provided Li with a loan of €303 million (€180 million to complete the payment to Fininvest and €123 million issued directly to the club).[51][52] On 10 July 2018, Li failed to keep up with his loan repayment plan, neglecting to deposit a €32 million instalment on time in order to refinance the €303 million loan debt owed to the American hedge fund. As a result, In July 2018, chairmanLi Yonghong's investment vehicle Rossoneri Champion Inv. Lux. was removed as the shareholder of Rossoneri Sport Inv. Lux., the direct parent company of the club, making the investment vehicle majority controlled by Elliott Management Corporation the sole shareholder of Rossoneri Sport Inv. Lux.[53][54][55][56]
In Gattuso's first full season in charge, Milan exceeded expectations and spent much of the campaign in the top 4. Despite winning their final 4 games, Milan missed out on the Champions League by one point.[62] After Milan's failure to qualify for the Champions League, Gattuso resigned as manager.[63] On 19 June 2019, Milan hired former Sampdoria managerMarco Giampaolo on a 2-year contract. On 28 June 2019, Milan was excluded from the2019–20 UEFA Europa League for violating Financial Fair Play regulations for the years 2014–2017 and 2015–2018.[64]
After four months in charge, Giampaolo was sacked after losing four of his first seven games, which was exacerbated by poor performances and a lack of supporter confidence.Stefano Pioli was hired as his replacement.[65] After the restart of the Serie A campaign due to theCOVID-19 outbreak, Milan went on a 10 match unbeaten streak, winning 7 in the process including matches against Juventus, Lazio and Roma. This streak led to Milan abandoning their plans of hiringRalf Rangnick as their new manager and sporting director, and instead extended Pioli's contract for a further 2 years.[66] Following a stellar start in the2020–21 Serie A, which was a continuation of the second half of the previous season, Milan under Pioli in his first full season were led to a second-place finish in the league which was the highest finish for the team since the2011–12 Serie A. This result allowed Milan to qualify for the2021–22 UEFA Champions League for the following season, which would become their first appearance in theUEFA Champions League in seven years since their last appearance in the2013–14 UEFA Champions League.
Milan secured their 19th Italian championship title on the last round of the2021–22 season, with aclub-record tally of 86 points. It was their first league title since the2010–11 season. In theSerie A Awards,Rafael Leão was named as the league'smost valuable player,Mike Maignan as the best goalkeeper, and Pioli as coach of the season.[67][68][69] On 1 June 2022, RedBird Capital Partners agreed to acquire AC Milan at $1.3 billion, meanwhile Elliott Management Corporation would keep a minority stake.[70] After five seasons with Milan, Pioli stepped down at the end of2023–24 season andPaulo Fonseca was named as his replacement.[71]
Colours and badge
Wikimedia Commons has media related toAC Milan kits.
Coat of arms of the city of Milan – has been the club badge worn on match kits from the origins to the mid-1940s
Red and black are the colours which have represented the club throughout its entire history. They were chosen by its founderHerbert Kilpin to represent the players' fiery ardor (red) and the opponents' fear to challenge the team (black).Rossoneri, the team's widely used nickname, literally means "the red & blacks" in Italian, in reference to the colours of the stripes on its jersey.[72]
Another nickname derived from the club's colours isthe Devil. An image of a red devil was used as Milan's logo at one point with aGolden Star for Sport Excellence located next to it.[73] As is customary in Italian football, the star above the logo was awarded to the club after winning 10 league titles, in 1979. The official Milan logos have always displayed theFlag of Milan, which was originally the flag ofSaint Ambrose,[73] next to red and black stripes. The modern badge used today represents the club colours and the flag of theComune diMilano, with the acronymACM at the top and the foundation year (1899) at the bottom.[73] For what concerns the badge worn on match kits, from the origins to the mid-1940s it was simply the flag of Milan. For many decades no club logo was displayed, with the exception of the devil's logo in the early 1980s. The club badge made its definitive appearance on the match strips in the 1995–96, in a form that remained basically unchanged until present days.
Since its foundation, the AC Milan home kit consisted of a red and black striped shirt, combined with white shorts and black socks; over the course of the decades, only cyclical changes dictated by the fashions of the time affected this pattern, which remained almost unchanged up to present days. In the first decade of the 20th century, the Rossoneri's first kit was a simple silk shirt characterized by thin stripes, with the badge of the city of Milan sewn at heart level. From the 1910s, the stripes were enlarged following a pattern that would remain unchanged until the late 1950s. The 1960s marked a return to the origins, with the use of thin stripes. This style would last until the 1985–86 season, with a small intermezzo from 1980 to 1982, when the stripes changed to a middle size again. A notable innovation occurred in this period. Between the 1979–80 and 1980–81 seasons, the AC Milan shirt achieved an important record by adding the surnames of the players above the number for the first time in Italian football.[74]
From the 1986–87 season, under the impulse of the new club ownerSilvio Berlusconi, the stripes were brought back to a middle size, and the colour of the socks was changed to white, taking the same colour of the shorts. In such a way, Berlusconi aimed at giving the players a more elegant look, as well as making the kit more distinguishablyred and black when watched on the television compared to the thin striped kit, which, at a distance and on the television, could mistaken for a full red or brown shirt.[75] This style continued until 1998. Starting from the 1998–99 season, the kits started to be modified on a yearly basis in their design.
Milan's away kit has always been completely white, sometimes adorned with various types of decorations, the most common of which are one vertical or horizontal red and black stripe.[76] The white away kit is considered by both the fans and the club to be a lucky strip in Champions League finals, due to the fact that Milan has won six finals out of eight in an all white strip (losing only toAjax in 1995 andLiverpool in 2005), and only won one out of three in the home strip. The third strip, which is rarely used, changes yearly, being mostly black with red trimmings.
"I can't think of many shirts out there that are as recognisable as Milan's. – Our kits go beyond just the sphere of football."
— In an interview with SoccerBible, Milan playerGianluca Lapadula complimented the iconic design ofRossoneri.[77]
First logo of the "Milan Foot-Ball and Cricket Club", used from 1899 to 1916
Milan logo used between 1936 and 1945
Milan logo used between 1946 and 1979, with few variations over the years
Milan logo used between 1986 and 1998
Milan logo used since 1998
Anthem and mascot
"AC Milan Anthem – Milan Milan" debuted in 1988 and was composed byTony Renis and Massimo Guantini.[78][79]
The official mascot, designed byWarner Bros., is "Milanello", a red devil with the AC Milan kit and a ball.[citation needed]
View of the San Siro in 1934Curva Sud of the San Siro
Milan played their first matches at theTrotter pitch, located where theMilan Central railway station would later be built. It could not be defined as a stadium, as there were no dressing rooms, no stands and no other facilities. In 1903, Milan moved to theAcquabella pitch, where the stands consisted of a section of ground raised for the purpose. Milan played there until 1905. The following year the club moved to thePorta Monforte pitch, where they played until 1914. The stadium was furnished with a ticket office and wooden stands. In the following years Milan played at theVelodromo Sempione from 1914 to 1920, and at theViale Lombardia stadium from 1920 to 1926. The latter was a modern structure, with a big main stand and which hosted several games of theItaly national football team.[80]
In 1926 Milan moved to the stadium where they still play nowadays: TheSan Siro.The stadium,[9] officially known as Stadio Giuseppe Meazza after theformer player who represented both Milan andInternazionale, has 75,923 seats. The more commonly used name, "San Siro", is the name of the district where it is located. San Siro was privately built by funding from Milan's president at the time,Piero Pirelli. Construction was performed by 120 workers, and took13+1⁄2 months to complete. The stadium was owned by the club until it was sold to the city in 1935, and since 1947 it has been shared with Internazionale when the other major Milanese club was accepted as joint tenant.
The first game played at the stadium was on 19 September 1926, when Milan lost 6–3 in a friendly match against Internazionale. Milan played its first league game in San Siro on 19 September 1926, losing 1–2 toSampierdarenese. From an initial capacity of 35,000 spectators, the stadium has undergone several major renovations, most recently in preparation for the1990 FIFA World Cup when its capacity was set to 85,700, all covered with a polycarbonate roof. In the summer of 2008 its capacity was reduced to 80,018, to meet the new standards set byUEFA.
Based on the English model for stadiums, San Siro is specifically designed for football matches, as opposed to many multi-purpose stadiums used in Serie A. It is therefore renowned in Italy for its fantastic atmosphere during matches, largely thanks to the closeness of the stands to the pitch. The frequent use offlares by supporters contributes to the atmosphere but the practice has occasionally caused problems.
On 19 December 2005, Milan vice-president and executive directorAdriano Galliani announced that the club was seriously working towards a relocation. He stated Milan's new stadium will be largely based on theVeltins-Arena – the home ofSchalke 04 inGelsenkirchen – and will follow the standards of football stadiums in the United States, Germany and Spain. As opposed to many other stadiums in Italy, Milan's new stadium would likely be used for football only, having no athletics track. On 11 December 2014, Barbara Berlusconi announced a proposal to build a property stadium of 42,000 seats inPortello, behind the new HQ of the Rossoneri, and the large square "Piazza Gino Valle". The new village with shopping malls and hotel is located nearCityLife district and is served by themetro.[81] On 20 September 2015, however, Silvio Berlusconi called an end to his club's plans to build a new stadium in the city.[82] In 2017, new CEO Marco Fassone stated that the club may look at either staying in the San Siro or moving to a new stadium with the club hierarchy emphasising the need to increase average attendance for home games.[83]
On 27 September 2023, chairmanPaolo Scaroni announced the club had filed a proposal to build a new 70,000-seater stadium, alongside the club headquarters and museum in the comune ofSan Donato Milanese, a suburb south of Milan.[84]
Milan is one of the most supported football clubs in Italy, according to research conducted by Italian newspaperLa Repubblica.[85] Historically, Milan was supported by the city's working class, which granted them the nickname ofcasciavid[kaʃaˈʋiːt] (which inMilanese dialect means "screwdrivers"), used until the 1960s.[86] On the other hand, crosstown rivals Inter Milan were mainly supported by the more prosperous middle class.[86] The oldestultras groups in all of Italian football,Fossa dei Leoni, originated in Milan.[87] Currently, the main ultras group within the support base isBrigate Rossonere.[87] Milan ultras have never had any particular political preference,[87] but the media traditionally associated them with the left wing[88] until recently, when Berlusconi's presidency somewhat altered that view.[89]
Milan's main rivalry is with its neighbour club,Inter Milan. Both clubs meet in the widely anticipatedDerby della Madonnina twice every Serie A season. The name of the derby refers to theBlessed Virgin Mary, whose statue atop theMilan Cathedral is one of the city's main attractions. The first match was held in the final of the Chiasso Cup of 1908, a football tournament played in Canton Ticino, Switzerland, on 18 October of that year; the Rossoneri won 2–1.[92] The rivalry reached its highest point in the 1960s, when the two clubs dominated the scene both domestically and internationally. In Italy they cumulatively won five Serie A titles, while internationally they collected four European cups. On the bench it showcased the clash of two different approaches toCatenaccio by the two managers:Nereo Rocco for Milan andHelenio Herrera for Inter. On the pitch the stage was taken by some of the biggest stars the Italian Serie A could offer: players such asGianni Rivera,Giovanni Trapattoni andJosé Altafini for Milan andSandro Mazzola,Giacinto Facchetti andLuis Suárez for Inter. The match usually creates a lively atmosphere, with numerous (often humorous or offensive) banners unfolded before the start of the game.Flares are commonly present and contribute to the spectacle but they have occasionally led to problems, including the abandonment of the second leg of the2004–05 Champions League quarter-final match between Milan and Inter on 12 April 2005, after a flare thrown from the crowd by an Inter supporter struck Milan goalkeeperDida on the shoulder.[93]
The rivalry withJuventus F.C. is a rivalry between the two most titled teams in Italy. The challenge confronts also two of the clubs with the greater basin of supporters as well as those with the greatest turnover and stock market value in the country.[94] Milan and Juventus were often fighting for the top positions of the Serie A standings. Some important periods marked by this rivalry were the early 1950s, which saw the two teams alternating each other as Serie A champions (the two clubs won seven titles in the decade), and big duels between forwards, with the SwedishGre-No-Li on therossoneri side and the trio formed byGiampiero Boniperti,John Hansen andKarl Aage Præst on thebianconeri side; the early 1970s, when for two consecutive seasons,1971-72 and1972-73, Milan lost thescudetto to Juventus by just one point; the 1990s, when the two clubs dominated the league by winning eight (consecutive) titles out of ten, lining up players that marked the history of football in their era and in the whole history; and finally in the 2000s, when, between the2004–05 and2005–06 seasons, the two clubs contested each other the Serie A titles, both won by Juventus but then revoked due to theCalciopoli scandal. The only match played by the two teams in European competitions was the2003 UEFA Champions League final, the first such final between two Italian clubs, won by Milan at the penalties, which granted Milan the sixth Champions League title of their history.[95]
The rivalry withGenoa started at the dawn of the 20th century, when the two clubs repeatedly faced each other for the Italian championship and other important trophies of the time. It then continued in the1981-82 Serie A season, when Genoa avoided relegation in Naples just a few minutes from the final whistle of the last game of the season condemning theRossoneri to the second Serie B season of their history. The rivalry worsened in 1995 after Genoa fan Vincenzo Spagnolo was stabbed to death by a Milan supporter.[96] Milan also have rivalries withFiorentina,Atalanta andNapoli.
Popular culture
In the movie industry, among the films dedicated to theRossoneri team isSunday Heroes (1953), by directorMario Camerini, in which the main plot pivots around a fictional football match between the Rossoneri and a club on the brink of relegation. In the film appear, in addition to the coachLajos Czeizler, many of the Milan players of the time, includingLorenzo Buffon,Carlo Annovazzi and the entireGre-No-Li trio.[citation needed]
On 16 December 1999, on the day of the centenary of the club's foundation,Milan Channel was launched. The subscription-based television channel broadcasts news, events and vintage matches of the club. It is the first Italian thematic channel entirely dedicated to a football team. On 1 July 2016, the channel took on the new name ofMilan TV, renewing its graphics and logo.[citation needed]
Forza Milan!
In the editorial field,Forza Milan! was the official magazine of the club for over half a century. It was founded in 1963 by journalist Gino Sansoni and published byPanini. Issued with a monthly cadence, it covered all events surrounding Milan, with interviews to its protagonists, special posters, reports of official and friendly matches. Under the direction of Gigi Vesigna it reached a monthly circulation of 130,000 copies. The last issue of the magazine was published in June 2018.[97]
A partial view of the club's trophy room at the Mondo Milan Museum
With a total of 32 domestic honours, Milan is one of the most successful clubs in Italy. The club won its first Serie A title in 1901 with its most recent coming in 2022. Milan's tenthscudetto win meant that it earned the right to place astar on its jersey in recognition of this.
Milan is the most successful Italian club ininternational football with 20 major international trophies won (18 of them organised by UEFA and FIFA), and the third most successful in Europe overall after Real Madrid and Barcelona. They have won the European Cup/Champions League seven times, an Italian record and only surpassed by Real Madrid, with their most recent coming in 2007. Milan's fifth European Cup win, in 1994, meant that the club wasawarded the trophy permanently and is allowed to display amultiple-winner badge on its shirt.[98] The club also holds a joint record of two wins in the Latin Cup and a joint record of three wins in the Intercontinental Cup. In 2007, Milan won the FIFA Club World Cup for the first time, completing an international treble of Champions League, Super Cup and Club World Cup.
Paolo Maldini holds the records for both total appearances and Serie A appearances for Milan, with 902 official games played in total and 647 in Serie A (as of 31 May 2009, not including playoff matches),[99] the latter being an all-time Serie A record.[100]
Swedish forwardGunnar Nordahl scored 38 goals in the1950–51 season, 35 of which were in Serie A, setting anItalian football and club record. He went on to become Milan's all-time top goalscorer, scoring 221 goals for the club in 268 games.[101] He is followed in second place byAndriy Shevchenko with 175 goals in 322 games, andGianni Rivera in third place, who has scored 164 goals in 658 games. Rivera is also Milan's youngest ever goalscorer, scoring in a league match against Juventus at just 17 years.
Legendary tacticianNereo Rocco, the first proponent ofcatenaccio in the country, was Milan's longest-serving manager, sitting on the bench for over nine years (in two spells) in the 1960s and early 1970s, winning the club's first European Cup triumphs. Italian Prime Minister Silvio Berlusconi, who purchased the club in 1986, is Milan's longest-serving president (23 years, due to a two-year vacancy between 2004 and 2006).
The first official match in which Milan participated was in theThird Federal Football Championship, the predecessor of Serie A, losing 3–0 toTorinese. Milan's largest ever victory was 13–0 againstAudax Modena, in a league match at the 1914–15 season. Its heaviest defeat was recorded in the league at the 1922–23 season, beaten 0–8 byBologna.
During the1991–92 season, the club achieved the feature of being the first team to win the Serie A title without losing a single game. Previously, onlyPerugia had managed to go unbeaten over an entire Serie A season (1978–79), but finished second in the table. In total, Milan's unbeaten streak lasted 58 games, starting with a 0–0 draw againstParma on 26 May 1991 and coincidentally ending with a 1–0 home loss to Parma on 21 March 1993. This is a Serie A record as well as the third-longest unbeaten run in top flight European football, coming in behindSteaua București's record of 104 unbeaten games andCeltic's 68 game unbeaten run.[13][102]
The sale ofKaká to Real Madrid in 2009 broke the eight-year-oldworld football transfer record held byZinedine Zidane, costing the Spanish club €67 million[105] (about £56 million[106]). That record, however, lasted for less than a month, broken byCristiano Ronaldo's £80 million transfer.[107] This record, however, is in terms of nominal British pound rates, not adjusted to inflation or the real value of theeuro. Madrid bought Zidane for €77.5 million in 2001,[108][109] about £46 million at that time.
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Emirates is the current main sponsor for Milan's shirt starting from the 2010–11 season and through to the 2019–20 season.[130] Previously, German car manufacturerOpel (owned byGeneral Motors) had sponsored Milan for 12 seasons.[131] For most of those 12 years, "Opel" was displayed on the front of the shirt, but in the 2003–04 and the 2005–06 seasons respectively, "Meriva" and "Zafira" (two cars from the company's range) were displayed.
Fashion and luxury
As a team based in the world's most important fashion capital, AC Milan is known for its partnerships with Italian high fashion brands.Dolce & Gabbana have been closely associated with the team since the Italian luxury brand designed AC Milan's official off-field suits in 2004.[132] The collaboration continued for over 10 years.[132][133]
In 2016, it was announced thatBoglioli would be its style partner replacingDiesel.[134] The partnership continued until the 2019/2020 season.[135] In 2020,Harmont & Blaine became the Rossoneri's new style partner.[136] In 2021, Harmont & Blaine released a special AC Milan capsule collection as part of the collaboration.[137] In 2022, AC Milan announced a partnership with Italian luxury streetwear brandOff-White.[138]
Beyond fashion, AC Milan partnered with Italian luxury jewelry companyDamiani in 2018 designating them as the team's new "luxury partner".[139] The same year, luxury leather makerPiquadro became the team's "official tech travel" partner.[140] In 2020,Etro became AC Milan's official travel accessories supplier.[141] The partnership was later renewed.[142]
Online betting
In 2022, AC Milan announced that the online betting and casino companyBetsson would be its official betting partner with exclusive access to AC Milan IP in Latin America.[143][144]
Kit deals
The current shirts are supplied byPuma. Previously it was supplied by German sportswear manufacturerAdidas, whose deal was scheduled to run until 2023.[145] The deal made Adidas the official manufacturer of all kits, training equipment and replica outfits. However, an early termination of the deal was announced in October 2017,[146] effective on 30 June 2018. Prior to Adidas, the Italian sports companyLotto produced Milan's sportswear.
For the 2024-2025 season, AC Milan released a fourth kit in partnership withOff-White described as a "manifesto of style".[147][148]
Starting in 2013,Banco BPM has been a long-term premium partner of AC Milan with the deal progressively renewed, most recently in 2023.[154][155]
Skrill is AC Milan's official global payments partner since 2020 in a deal originally for four years.[156][157] Skrill has also been match sponsor.[158]
eBay is AC Milan's official marketplace partner since 2020 with a deal that includes an online AC Milan store hosted on eBay's website.[159]
AC Milan financials
On 13 April 2017 Milan became a subsidiary of Rossoneri Sport Investment Luxembourg, which acquired 99.9% shares of AC Milan S.p.A. fromFininvest.Li Yonghong became the new chairman[nb 4] andMarco Fassone was confirmed as CEO.[160][161] Li Yonghong's investment vehicle was removed as the shareholder of Rossoneri Sport Investment Luxembourg after defaulting toElliott Management Corporation, which lent a large sum of money to Li to finalise the acquisition.[162][163] Other partners of Elliott were Arena Investors[163] and Blue Skye, according to news reports.[164] Elliott nominated a new board of directors for both Rossoneri Sport Investment Luxembourg and Milan, with Paolo Scaroni as the new chairman (Italian:presidente) of the board of Milan. The four previous Chinese member of the board and former CEO Marco Fassone were all dismissed.[165]
According toThe Football Money League published by consultantsDeloitte, in the 2005–06 season, Milan was the fifth-highest earning football club in the world with anestimated revenue of €233.7 million.[166] However, it fell to twelfth in 2013–14 season. The club is also ranked as the eighth-wealthiest football club in the world byForbes magazine as of 2014[update], making it the wealthiest in Italian football, just surpassing ninth-ranked Juventus by a narrow margin.[20]
As a consequence of the aggregate 2.5-year financial result in the reporting periods ending at 31 December 2015, 31 December 2016 and 30 June 2017 (a FFP-adjusted net loss of €146 million, €121 million in excess of the acceptable deviation in the regulation[167]: 9 ), Milan was initially banned from European competitions due to breach inUEFA Financial Fair Play Regulations. However, the European ban was lifted by an appeal to theCourt of Arbitration for Sport.[167] Milan was allowed to achieve the break even condition on or before 30 June 2021.[168]
Milan took part in three editions of the Superleague Formula, from 2008 to 2010. This car competition involved the participation of professional racing teams sponsored by international football teams. The Rossoneri supported the Dutch teamScuderia Playteam in the first season, thenAzerti Motorsport in 2009 and theAtech Grand Prix in 2010. The team took several victories and pole positions, and finished third in the final standings of the 2008 championship withRobert Doornbos, formerMinardi andRed Bull driver in the Formula 1 World Championship, as main driver.[195] In the same year, Doornbos achieved his team's first victory at theNürburgring circuit in Germany.Giorgio Pantano drove for Milan in the2009 season and he has also won races for the team.[196]
^abThe Italian word for chairman of the board of directors wasPresidente. However, it was not equal to the English meaning ofpresident of a company.
^The full restated financial statement of 2014 was not available; in 2016 Annual Report, the equity at the end of 2014 financial year was stated as negative 111.616 million
^"Relazione e bilancio al 30 giugno 2019" [Financial statement as of 30 June 2019](PDF) (in Italian).Associazione Calcio Milan. 18 October 2019. p. 14.Archived(PDF) from the original on 22 October 2020. Retrieved10 October 2020.
^"Chi Siamo" [About].APA Milan (in Italian). 15 May 2017.Archived from the original on 17 October 2020. Retrieved10 October 2020.
^"AC Milan – Sevilla FC"(PDF).UEFA. Union of European Football Associations (UEFA). 25 July 2007. Archived fromthe original(PDF) on 23 July 2011. Retrieved25 September 2007.
^abc"AC Milan".Weltfussballarchiv. 25 July 2007. Archived fromthe original on 16 September 2011. Retrieved10 September 2009.
^"Nota Integrativa".AC Milan S.p.A. bilancio al 2014-12-31 [AC Milan S.p.A. financial report at 31 December 2014] (in Italian). Milan: ItalianC.C.I.A.A. 2015.
^"Nota Integrativa".AC Milan S.p.A. bilancio al 2015-12-31 [AC Milan S.p.A. financial report at 31 December 2015] (in Italian). Milan: Italian C.C.I.A.A. 2016.
^"Nota Integrativa".AC Milan S.p.A. bilancio al 2016-12-31 [AC Milan S.p.A. financial report at 31 December 2016] (in Italian). Milan: Italian C.C.I.A.A. 2017.
^"Nota Integrativa".AC Milan S.p.A. bilancio al 2017-06-30 [AC Milan S.p.A. financial report at 30 June 2017] (in Italian). Milan: Italian C.C.I.A.A. December 2017.
^abcdeRelazione e Bilancio al 30 giugno 2018 [Annual report and financial statements [for the conditions] at 30 June 2018](PDF) (Report) (in Italian). AC Milan. 2018.Archived(PDF) from the original on 20 December 2020. Retrieved11 April 2019.
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