[Bluesummers]

Yeah I know that but they have the spanish government on their side (IMG:style_emoticons/default/wink.gif) If they run into problems they will just sell one of their pools for 300m to the gov.

[Fishdoll]

Hah. True enough but they might rethink it a bit given that a team with a majority of guys from Catalonia won them the world cup this year.(IMG:style_emoticons/default/smile.gif)

[mishie]

Also Arsenal aren't anywhere near that sort of amount of debt and are repaying the stadium loan with ease and made a small profit last time their results came out!

[Jack Sparrow]

I posted it somewhere else but I think Arsenal, Milan and the German clubs are really gonna be the big guns of the future.

The others have put themselves into a position where they need to win to keep things on an even keel. To win, they need to spend on players, to spend on players they need money, to keep getting money, they need to win.

Inter's in a crucial period. Man U might struggle post Fergie. Chelsea? Well they're trying...but their youth are not as good as they'd like it to be.

[Rossoneri7]

Maybe I missed it, I am not sure. But if you don't mind my asking, where did you get your numbers? AC Milan is a private company correct? If so then they are not required to share their financial statements with anyone, but maybe they do somewhere. I am more curious than anything.

AC Milan publishes them, they review for each fiscal year in March, so the 2009 financials have not been made public yet.

AC Milan is part of the Fininvest Group, which is a listed company, and hence they are required by law to publish (IMG:style_emoticons/default/smile.gif)

And I was so happy for Barcelona (IMG:style_emoticons/default/ph34r.gif)
I hope we'll be fine cos' I don't see us passing all our financial problems.

EDIT :

Rossoneri7 , do I have premission to translate it in albanian and post it in my web ?

You do (IMG:style_emoticons/default/smile.gif)

Great research and post! Thanks very much for sharing.

The numbers don't exactly make great reading do they. I'm wondering how we compare to other top clubs?

The numbers are staggering, I never saw anything like it, where 80% of Assets are funded by debt (keeping in mind that Fininvest offers support up to EUR 330MM), while Equity is at a negative figure, this due to the compounded losses that this club has been sustaining for such a long time.

Most 'A tier' clubs have high debts, but that does not mean it is the norm of the industry, if you take the Arsenal objectives into consideration.

If you ask of my personal opinion, I doubt any investor would be willing to purchase this club as an 'investment', because of the all round financial performance and sustainability of this club. Then again, if for example someone comes for 'personal interest' ala Silvio Berlusconi, then I could see why the club is still running.

I guess this justifies Silvio's reluctance to invest in new players, and Marina's unhappiness. But if the club incurs such heavy losses every year, what's Silvio's incentive to keep up with it? Pride, I'd say. I'm positive he wants to die as the president and owner of A.C. Milan, that's just how he is. That also means, as soon as he passes away, the club will most probably be sold to the highest bidder by his sons.

It is not about that, or I believe it isn't.

I think Silvio got what he wanted from Milan, he took it out of bankruptcy, invested over a billion in 20 plus years, transformed it into a European Giant which over those years claimed most of it's honors. Today, he isn't the man he was 20 years ago, he is 71 years of age now. Not the same enthusiasm I believe, nor the same motivation.

About the highest bidder, I don't believe it will come to that, I personally believe if a suitor does come, Milan will be sold. But looking at the figures, you tell me, would you invest in it ? Bar the history ofcourse.

Amazing work! But the results are not very pleasurable. We obviously need to lessen our dependence on TV rights by boosting ticket and fanstuff sales.
About other clubs...from what I know Chelsea and ManU are in an even worse shape.

I believe so, we are spending more than than we are making. On average we spend EUR 300MM per season on keeping this team competitive, yet we cant even cover that. But with an increase in ticket sales and fanstuff, I believe we could cover it.

Moreover, the new TV rights looks in our favor. So thats a breath of fresh air (IMG:style_emoticons/default/smile.gif)

[Dracoris]

Unfortunately we can't raise ticket prices or any fan stuff atm. We already struggle to sell out games. We need a legit trophy winning year (not the club world cup) before we can do anything like that.

[han2503]

The stadium issue is another big problem since it's not the club's. The lucky factor it that Milan and Inter share it, if they do put enough pressure they could buy it together, but I don't see that happening anytime soon since both would probably prefer to get a new one...

[agenth]

http://www.forbes.com/lists/2009/34/soccer...ations_DOV.html

why does it say here Milan has no debt?
or am I reading this wrongly?

[Dracoris]

That says our current value is 990m, Barcelona's is 960m. Hmmm.

Plus, when you dont buy any players, you don't really go into debt. (IMG:style_emoticons/default/laugh.gif)

[Rossoneri7]

http://www.forbes.com/lists/2009/34/soccer...ations_DOV.html

why does it say here Milan has no debt?
or am I reading this wrongly?

Debt/Value % , I am guessing that is what you are reading ?

If so, it is in other words debt/equity, and considering our equity is 'negative', hence the outcome would be negative and as such a negative number does not exist, hence the zero.

[agenth]

okay... I always was bad at math haha (IMG:style_emoticons/default/biggrin.gif)

I wish we could get more commercial deals, like Bayern, they are amazing!

[han2503]

okay... I always was bad at math haha (IMG:style_emoticons/default/biggrin.gif)

I wish we could get more commercial deals, like Bayern, they are amazing!

Bayern play in a healthy league, Milan don't, that makes a big difference. Look at all the teams from the list you posted, most of them who have 0 depth are German teams