A.C. Milan | Associazione Calcio Milan S.p.A
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.
| Year | Turnover | Pre-tax Profit | Wages / Turnover ratio (%) | Employees |
|---|---|---|---|---|
| 2007 | 275.442 | -20.060 | 60.3 | 196 |
| - - - | - - - | - - - | - - - | - - - |
| 2004/05 | 230.916 | -26.442 | 62.9 | 145 |
| 2003/04 | 236.456 | -37.029 | 61.0 | 174 |
| 2002/03 | 203.852 | -47.930 | 76.9 | |
| 2001/02 | 158.855 | -100.112 | 78.8 | |
| 2000/01 | 164.167 | -63.697 | 69.7 | |
| 1999/00 | 141.669 | -28.955 | 52.1 | |
| - - - | - - - | - - - | - - - | - - - |
| 1995/96 | 63.339 | -25.002 | 69.1 | 114 |
