Milan President: The Premier League’s overseas broadcast rights can be sold for 2 billion euros, while Serie A can only sell 200 million euros

After the club’s shareholder meeting, AC Milan Chairman Paolo Scaloni attended the press conference, introduced the team’s financial data and answered reporters’ questions.

Scaloni said in his opening speech: "I want to say three important things. First, after failing to make a profit for 17 consecutive years, this year is the third consecutive year that Milan has achieved profitability. Excluding TV rights and player transfer income, other business income has increased from 90 million euros in 2019 to 240 million euros this fiscal year. These incomes are not affected by competitive results to a certain extent, allowing us to cope with difficult times like this season when we miss the Champions League. In the past Our player transfer revenue in four years was 62 million euros, while Inter Milan was 202 million and Naples was 193 million, which means that we need to sell players less than other clubs to maintain financial balance. However, the situation in the fiscal year that just ended is slightly different, because the transfer of Reinders has brought us significant capital gains.” Going to Australia is not for economic profit. This game only has a few million euros in revenue and will not affect the results of the entire fiscal year. I think the first problem facing Serie A is the sales of overseas TV rights. Serie A can only sell 2 billion euros, but the Premier League is as high as 2 billion. How to improve it? The important local fan community will help increase Milan's influence in Australia. This is the main reason, not more. Earn one or two million. This is why other Serie A clubs agreed."

Regarding the possibility of Galliani's return, Scaloni said: "There is no new news at the moment. I saw these rumors after his departure from Monza. Galliani has a great friendship with Milan. I met him during the game against Roma. He will definitely not enter the Milan board of directors. If the Red Birds want to arrange a position for him, we will be notified."