Italian soccer giants Inter Milan and Juventus have released their financial results for the 2024-25 season, with contrasting figures for the Serie A sides.
Inter posted revenues of €567 million ($666.2 million) for the year, which they claim is the highest ever and a record for Serie A net of player trading.
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The club attributed this to an increase in revenues from domestic and European competitions, as well as participation in the first edition of the revamped FIFA Club World Cup. The team also pointed to “organic growth” in commercial revenues from sponsorships and matchdays.
Inter reached the final of the elite UEFA Champions League club competition last season but lost 5-0 to French giants Paris Saint-Germain. The club also lost out on the Serie A title to Napoli on the final day of the season.
The Milanese outfit closed the year with a net profit of €35.4 million, compared to a loss of €35.7 million in the previous financial year.
Subsequently, Inter also secured a €350 million long-term loan during the period.
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By GlobalDataIn terms of commercial activity, Inter agreed a 10-year partnership with Fanatics, the global sports merchandising and e-commerce giant, at the end of the 2024-25 season and welcomed Chinese brand BYD as a new global automotive partner.
Juventus, meanwhile, posted a €58 million loss in the fiscal year ended June 30, although it was significantly less than the €199 million loss from a year earlier, as the club returned to the Champions League last season.
Revenue at the Turin-based club, which also benefited from participation in the expanded Club World Cup, increased to €529 million in the 12 months, from €394 million a year prior.
Juventus generated around €102 million from Champions League broadcasting rights and ticket sales, and from income stemming from the Club World Cup.
After dominating Italian soccer for nearly a decade until 2020, Juventus were hit by an accounting scandal linked to player trading and salary payments, resulting in a ban on European competitions in the 2023-2024 season.
The club expects a limited improvement in results and cash flow in the current fiscal year, and hopes to break even in the 2026-2027 season. This is an improved outlook as the team’s previous forecast targeted a return to profit in 2026-2027.
Juventus have not posted an annual net profit since the 2016-2017 season.
Meanwhile, AC Milan and Inter can finally press ahead with plans to build a new stadium after the local city council approved the sale of the iconic San Siro and its surrounding area to the clubs.
The teams, who have shared the San Siro stadium for decades, can now move forward with their project to demolish most of the existing stadium and construct a new, modern arena on the historic site, ending decades of uncertainty over San Siro’s future.
The Milan City Council approved the sale of the San Siro area to Milan and Inter on Monday night, with 24 votes in favour and 20 against.
In a statement issued today, the clubs said: “AC Milan and FC Internazionale Milano are pleased with the City Council's approval of the sale of the San Siro and its surrounding area: a historic and decisive step for the future of the Clubs and the City.
“Awaiting the official confirmation of the council’s decision by the city government, the clubs look ahead with confidence and responsibility to the next steps of the process that will lead to the creation of a new stadium meeting the highest international standards – a world-class facility destined to become a new architectural icon for Milan and a symbol of the passion of football fans around the world.”
Milan and Inter recently announced a deal with architectural firms Foster + Partners and Manica to design the new stadium.
The proposed new venue, part of a wider urban regeneration project in the area, will have a capacity of 71,500 seats.
The Milan clubs have been seeking to build a new stadium for several years, but often ran into obstacles with the local council.
The San Siro has not had significant renovation work carried out since the 1990 FIFA World Cup, and all attempts by the two clubs to modernize it have collapsed.
