A.C. Milan


A.C. Milan
A.C. Milan
AC Milan crest
Full name Associazione Calcio Milan S.p.A.[1]
Nickname(s) i Rossoneri (The Red and Blacks)
il Diavolo
(The Devil)
Casciavit
(Lombard for: Screwdrivers)
Founded December 16, 1899; 111 years ago (1899-12-16)[2]
Ground San Siro, Milan
(Capacity: 80,018)
Owner Silvio Berlusconi[3]
President Vacant[1]
Head coach Massimiliano Allegri[4]
League Serie A
2010–11 Serie A, 1st
Website Club home page
Home colours
Away colours
Third colours
Current season

Associazione Calcio Milan, commonly referred to as A.C. Milan or simply Milan (Italian pronunciation: [ˈmiːlan]), is a professional Italian football club based in Milan, Lombardy, that plays in the Serie A. Milan was founded in 1899 by English lace-maker Herbert Kilpin and businessman Alfred Edwards among others.[2][5] The club has spent its entire history, with the exception of the 1980–81 and 1982-83 seasons, in the top-flight of Italian football, known as Serie A since 1929.[2]

They are the current Italian football champions, and are the most successful club in world football in terms of international trophies along with Boca Juniors, with 18 officially recognized UEFA and FIFA titles.[6] Milan has won four world titles,[6] more than any other club in the world, having won the Intercontinental Cup three times and the FIFA Club World Cup once.[6] Milan also won the European Cup/Champions League on seven occasions,[6] second only to Real Madrid.[7] They also won the UEFA Super Cup a record five times and the Cup Winners' Cup twice.[6] Milan won every major competition in which it has competed, with the exception of the Europa League in which they lost two semifinals. Domestically, with 18 league titles Milan is the joint-second most successful club in Serie A behind Juventus (27 titles), along with local rivals Inter.[8] They have also won the Coppa Italia five times, as well as a record six Supercoppa Italiana triumphs.[6] Furthermore, Milan is the only team to have won the Serie A without losing a game, doing so in 1991-92 during a 58-match unbeaten run.

Milan's home games are played at San Siro, also known as the Stadio Giuseppe Meazza. The stadium, which is shared with Inter, is the largest in Italian football, with a total capacity of 80,018.[9] Inter are considered their biggest rivals, and matches between the two teams are called Derby della Madonnina, which is one of the most followed derbies in football.[10] As of 2010, Milan is the third most supported team in Italy,[11] and the seventh most supported team in Europe, ahead of any other Italian team.[12]

The owner of the club is Italian Prime Minister Silvio Berlusconi, and the vice-president is Adriano Galliani. Milan is one of the wealthiest and most valuable clubs in Italian and world football.[13] Milan was a founding member of the now-defunct G-14 group of Europe's leading football clubs as well as its replacement, the European Club Association.[14]

Contents

History

A black and white picture of Herbert Kilpin, the first captain of A.C. Milan
Herbert Kilpin, the first captain of A.C. Milan

The club was founded as a football and cricket club on December 16, 1899 by British expatriates Alfred Edwards and Herbert Kilpin,[5] who came from the British city of Nottingham. In honor of its British 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 the fascist regime. Milan won its first Italian championship in 1901 and a further two in succession in 1906 and 1907.[2]

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, Internazionale.[15] Following these events, Milan did not manage to win a single domestic title until 1950–51.[6] The 1950s saw the club return to the top of Italian football, headed by the famous Gre-No-Li Swedish trio Gunnar Gren, Gunnar Nordahl and Nils Liedholm. In 1963, Milan won its first continental title by beating Benfica in the final of the European Cup.[16] This success was repeated in 1969, and followed by an Intercontinental Cup title the same year.[6] After the retirement of Gianni Rivera in 1979, Milan went into a period of decline, during which it was involved in the 1980 Totonero scandal and relegated to Serie B as punishment,[17] for the first time in its history. The scandal was centered around a betting syndicate paying players and officials to fix the outcome of matches.[17] Milan quickly returned to Serie A, but was again relegated to Serie B one year later as the team ended its 1981–82 campaign in third last place.

On February 20, 1986 entrepreneur Silvio Berlusconi acquired the club and saved it from bankruptcy investing vast amounts of money,[2] appointing rising manager Arrigo Sacchi at the helm of the Rossoneri and signing the Dutch trio of Ruud Gullit, Marco van Basten and Frank Rijkaard.[2] This was the beginning of arguably the most successful era in Milan's history, as they won eight domestic titles, one Coppa Italia, five Supercoppa Italiana, five Champions League trophies, five UEFA Super Cups, two Intercontinental Cups and one FIFA Club World Cup.[6] That successful team has been voted the best club side of all time, in a global poll of experts conducted by World Soccer magazine.[18] It had reached its peak in one Milan's most memorable matches of all time, the famous 4-0 win over F.C. Barcelona in the 1994 UEFA Champions League Final. In the 1998-99 season, after a two-year period of decline, Milan lifted its 16th championship in the club's centenary celebrations.

More recently, the club was involved in the 2006 Serie A scandal, nicknamed Calciopoli, where five teams were accused of fixing matches by selecting favorable referees.[19] A police inquiry excluded any involvement of Milan managers,[20] but FIGC unilaterally decided that it had sufficient evidence to charge Milan vice-president, Adriano Galliani. As a result, Milan was initially punished with a 15 point deduction and consequently did not qualify for the Champions League. An appeal saw that penalty reduced to eight points,[21] which allowed the club to retain its 2006–07 Champions League participation. Milan subsequently won the competition, lifting the European Cup for the seventh time.[22]

Following the aftermath of Calciopoli, local rivals Internazionale dominated Serie A, winning four Scudetti. However, with the help a strong squad boasting players such as Zlatan Ibrahimović, Robinho and Alexandre Pato joining many of the old-guard, Milan recaptured the Scudetto in the 2010-11 Serie A season, their first since the 2003-04 season, and 18th overall.[23][24]

Colors and badge

Shirt worn by Milan in 2006-07 Champions League Final

Red and black are the colors which represented the club throughout its entire history. They were chosen 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 colors of the stripes on its jersey.[25]

Another nickname derived from the club's colors is the Devil. An image of a red devil was used as Milan's logo at one point with a Golden Star for Sport Excellence located next to it.[26] As is customary in Italian football, the star above the logo was awarded to the club after winning 10 league titles, in 1979. For many years, Milan's badge was simply the Flag of Milan, which was originally the flag of Saint Ambrose.[26] The modern badge used today represents the club colors and the flag of the Comune di Milano, with the acronym ACM at the top and the foundation year (1899) at the bottom.[26]

White shorts and black socks are usually worn as part of the home strip. Milan's away strip has always been completely white. It 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 to Ajax in 1995 and Liverpool 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 in recent seasons.

Stadium

Stadio Giuseppe Meazza
San Siro
An external view of the San Siro stadium
Location Via Piccolomini 5,
20151 Milan, Italy
Broke ground 1925
Opened 19 September 1926
Renovated 1939, 1955, 1989
Owner Municipality of Milan
Operator AC Milan and Internazionale
Construction cost ₤5,000,000 (1926), ₤5,100,000 (1939), $60,000,000 (1989)
Architect Ulisse Stacchini (1925), Giancarlo Ragazzi (1989), Enrico Hoffer (1989)
Capacity 80,018 seated
Tenants
AC Milan (1926–present), Internazionale (1947-present)

The team's stadium is the 80,018 seat San Siro, officially known as Stadio Giuseppe Meazza after the former player who represented both Milan and Internazionale. The more commonly used name, San Siro, is the name of the district where it's located. San Siro has been the home of Milan since 1926, when it was privately built by funding from Milan's president at the time, Piero Pirelli. Construction was performed by 120 workers, and took 13 and a half months to complete. The stadium was owned by the club until it was sold to the city council in 1935, and since 1947 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 September 19 1926, losing 1-2 to Sampierdarenese. From an initial capacity of 35,000 spectators, the stadium has undergone several major renovations, most recently in preparation for the 1990 FIFA World Cup when its capacity was set to 85,700, all covered with a polycarbonate roof. In the summer of 2008 its capacity has been reduced to 80,018, in order to meet the new standards set by UEFA.

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, thanks to the closeness of the stands to the pitch. The frequent use of flares by supporters contributes to the atmosphere but the practice has occasionally caused problems.

On 19 December 2005, Milan vice-president and executive director Adriano Galliani announced that the club is seriously working towards a relocation. He said that Milan's new stadium will be largely based on the Veltins-Arena 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 will likely be used for football only, having no athletics track. The new stadium's naming rights will be probably sold to a sponsor, similarly to Arsenal's Emirates Stadium.[27] It remains to be seen if this plan will proceed or if this is just a ploy to force the owners (Comune di Milano) to sell the stadium to Milan for a nominal fee so as to proceed with extensive renovations. The possibility of Internazionale vacating San Siro may affect proceedings.

Supporters and rivalries

Milan banner saying "Inter, the true comedy since 1908," with a caricature of Dante

Milan is one of the best supported football clubs in Italy, according to research conducted by Italian newspaper La Repubblica.[28] Historically, Milan was supported by the city's working-class and trade unionists,[29] a section of whom were migrants from Southern Italy. On the other hand, crosstown rivals Internazionale were mainly supported by the more prosperous and typically Milanese middle-class.[29] One of the oldest ultras groups in all of Italian football, Fossa dei Leoni, originated in Milan.[30] Currently, the main ultras group within the support base is Brigate Rossonere.[30] Politically, Milan ultras have never had any particular preference,[30] but the media traditionally associated them with the left-wing,[31] until recently, when Berlusconi's presidency somewhat altered that view.[32]

According to a study from 2010, Milan is the most supported Italian team in Europe and seventh overall, with over 18.4 million fans.[12]

Genoa fans consider Milan a hated rival after Genoa fan, Vincenzo Spagnolo was stabbed to death by a Milan supporter in January 1995.[33] However, Milan's main rivalry is with neighbor club, Internazionale; both clubs meet in the widely anticipated Derby della Madonnina twice every Serie A season. The name of the derby refers to the Blessed Virgin Mary, whose statue atop the Milan Cathedral is one of the city's main attractions. 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 the 2004–05 Champions League quarterfinal match between Milan and Inter on 12 April 2005, after a flare thrown from the crowd by an Inter supporter struck Milan keeper Dida on the shoulder.[34]

Players

First team squad

As of 2 September 2011.[35]

Note: Flags indicate national team as has been defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.

No. Position Player
1 Italy GK Marco Amelia
2 Nigeria DF Taye Taiwo
4 Netherlands MF Mark van Bommel
5 France DF Philippe Mexès
7 Brazil FW Alexandre Pato
8 Italy MF Gennaro Gattuso (vice-captain)
9 Italy FW Filippo Inzaghi
10 Netherlands MF Clarence Seedorf
11 Sweden FW Zlatan Ibrahimović
13 Italy DF Alessandro Nesta
16 France MF Mathieu Flamini
18 Italy MF Alberto Aquilani (on loan from Liverpool)[36]
19 Italy DF Gianluca Zambrotta
20 Italy DF Ignazio Abate
22 Italy MF Antonio Nocerino
No. Position Player
23 Italy MF Massimo Ambrosini (captain)
25 Italy DF Daniele Bonera
27 Ghana MF Kevin-Prince Boateng
28 Netherlands MF Urby Emanuelson
30 Italy GK Flavio Roma
32 Italy GK Christian Abbiati
33 Brazil DF Thiago Silva
52 Italy DF Mattia De Sciglio
57 Italy MF Mattia Valoti
70 Brazil FW Robinho
76 Colombia DF Mario Yepes
77 Italy DF Luca Antonini
92 Italy FW Stephan El Shaarawy
99 Italy FW Antonio Cassano

Out on loan

Note: Flags indicate national team as has been defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.

No. Position Player
Italy GK Ferdinando Coppola (at Torino until 30 June 2012)[37]
Italy GK Antonio Donnarumma (at Gubbio until 30 June 2012)[38]
Italy GK Filippo Perucchini (at Lecco until 30 June 2012)[39]
Poland GK Michal Miskiewicz (at Südtirol until 30 June 2012)
Brazil DF Marcus Diniz (at Como until 30 June 2012)
Italy DF Massimo Oddo (at Lecce until 30 June 2012)
Spain DF Dídac Vilà (at Espanyol until 30 June 2012)[40]
Italy DF Michelangelo Albertazzi (at Getafe until 30 June 2012)[41]
Italy DF Andrea De Vito (at Cittadella until 30 June 2012)[42]
Romania DF Cristian Daminuţă (at FC Tiraspol until 30 June 2012)[43]
Italy MF Giovanni Scampini (at Poggibonsi until 30 June 2012)[44]
Sierra Leone MF Rodney Strasser (at Lecce until 30 June 2012)[45]
No. Position Player
Hungary MF Attila Filkor (at Livorno until 30 June 2012)[46]
Italy MF Gianmarco Conti (at Lecco until 30 June 2012)[47]
Italy MF Luca Santonocito (at Südtirol until 30 June 2012)[48]
Slovenia MF Mitja Novinič (at Virtus Lanciano until 30 June 2012)[49]
Italy FW Davide Di Gennaro (at Modena until 30 June 2012)[50]
Nigeria FW Nnamdi Oduamadi (at Torino until 30 June 2012)[51]
Italy FW Andrea Schenetti (at Südtirol until 30 June 2012)[52]
Gabon FW Pierre Aubameyang (at Saint-Étienne until 30 June 2012)[53]
Ghana FW Dominic Adiyiah (at Karşıyaka until 30 June 2012)[54]
Italy FW Marco Gaeta (at Renate until 30 June 2012)[55]
Italy FW Alberto Paloschi (at Chievo until 30 June 2012)
Italy FW Gianmarco Zigoni (at Avellino until 30 June 2012)

Co-ownership

Note: Flags indicate national team as has been defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.

No. Position Player
Italy DF Matteo Darmian (at Palermo until June 2012)[56]
Italy DF Simone Romagnoli (at Pescara until June 2012)[57]
Italy DF Nicola Pasini (at Genoa until June 2012)[58]
Italy DF Luca Meregalli (at Pavia until June 2012)[59]
No. Position Player
Germany MF Alexander Merkel (at Genoa until June 2012)[60]
Nigeria MF Wilfred Osuji (at Padova until June 2012)[61]
Italy FW Simone Verdi (at Torino until June 2012)[62]
Italy FW Giacomo Beretta (at Genoa until June 2012)[63]

Youth team squad

Notable players

Retired numbers

No. Player Nationality Position Milan debut Last match Ref
3* Maldini, PaoloPaolo Maldini  Italy Centre back / Left back 01985-01-25 25 January 1985 02009-05-31 31 May 2009 [64]
6 Baresi, FrancoFranco Baresi  Italy Sweeper 01978-04-23 23 April 1978 01997-06-01 1 June 1997 [64]

* Might be restored for one of his two sons, should either of them play professionally for the club.

Current coaching staff

As of 16 July 2011.[4]
Position Name
Head coach Massimiliano Allegri
Assistant coach Mauro Tassotti
Goalkeeping coaches Marco Landucci
Valerio Fiori
Technical assistant Andrea Maldera
Medical director Rodolfo Tavana
Club doctors Armando Gozzini
Stefano Mazzoni
Athletic Trainer Manager Daniele Tognaccini
Fitness coaches Simone Folletti
Fabio Allevi
Bruno Dominici
Sergio Mascheroni
Andrea Primitivi
Agostino Tibaudi
Chiropractor Kristian Baekkel
Physiotherapists Dario Lorenzo Fort
Stefano Grani
Roberto Morosi
Marco Paesanti
Masseurs Roberto Boerci
Endo Tomoroni

Presidents and managers

Presidential history

Milan has had numerous presidents over the course of its history, some of whom have been owners of the club while others have been honorary presidents. Here is a complete list of them.[65]

 
Name Years
Alfred Edwards 1899–1909
Giannino Camperio 1909
Piero Pirelli 1909–1928
Luigi Ravasco 1928–1930
Mario Bernazzoli 1930–1933
Luigi Ravasco 1933–1935
Pietro Annoni 1935
Pietro Annoni
G. Lorenzini
Rino Valdameri
1935–1936
 
Name Years
Emilio Colombo 1936–1939
Achille Invernizzi 1939–1940
Umberto Trabattoni 1940–1944
Antonio Busini 1944–1945
Umberto Trabattoni 1945–1954
Andrea Rizzoli 1954–1963
Felice Riva 1963–1965
Federico Sordillo 1965–1966
Franco Carraro 1967–1971
Federico Sordillo 1971–1972
 
Name Years
Albino Buticchi 1972–1975
Bruno Pardi 1975–1976
Vittorio Duina 1976–1977
Felice Colombo 1977–1980
Gaetano Morazzoni 1980–1982
Giuseppe Farina 1982–1986
Rosario Lo Verde 1986
Silvio Berlusconi 1986–2004
Presidential Commission 2004–2006
Silvio Berlusconi 2006–

Managerial history

Below is a list of Milan coaches from 1900 until the present day.[66]

 
Name Nationality Years
Herbert Kilpin England 1900–1908
Daniele Angeloni Italy 1906–1907
Technical Commission Italy 1907–1910
Giovanni Camperio Italy 1910–1911
Technical Commission Italy 1911–1914
Guido Moda Italy 1915–1922
Ferdi Oppenheim Austria 1922–1924
Vittorio Pozzo Italy 1924–1926
Guido Moda Italy 1926
Herbert Burgess England 1926–1928
Engelbert König Austria 1928–1931
József Bánás Hungary 1931–1933
József Viola Hungary 1933–1934
Adolfo Baloncieri Italy 1934–1937
William Garbutt England 1937
Hermann Felsner
József Bánás
Austria
Hungary
1937–1938
József Viola Hungary 1938–1940
Guido Ara
Antonio Busini
Italy
Italy
1940–1941
Mario Magnozzi Italy 1941–1943
Giuseppe Santagostino Italy 1943–1945
Adolfo Baloncieri Italy 1945–1946
Giuseppe Bigogno Italy 1946–1949
Lajos Czeizler Hungary 1949–1952
Gunnar Gren Sweden 1952
Mario Sperone Italy 1952–1953
Béla Guttmann Hungary 1953–1954
Antonio Busini Italy 1954
Hector Puricelli Uruguay 1954–1956
Giuseppe Viani Italy 1957–1960
Paolo Todeschini Italy 1960–1961
Nereo Rocco Italy 1961–1963
Luis Carniglia Argentina 1963–1964
Nils Liedholm Sweden 1963–1966
 
Name Nationality Years
Giovanni Cattozzo Italy 1966
Arturo Silvestri Italy 1966–1967
Nereo Rocco Italy 1966–1972
Cesare Maldini Italy 1973–1974
Giovanni Trapattoni Italy 1974
Gustavo Giagnoni Italy 1974–1975
Nereo Rocco Italy 1975
Paolo Barison Italy 1975–1976
Giovanni Trapattoni Italy 1976
Giuseppe Marchioro Italy 1976–1977
Nereo Rocco Italy 1977
Nils Liedholm Sweden 1977–1979
Massimo Giacomini Italy 1979–1981
Italo Galbiati Italy 1981
Luigi Radice Italy 1981–1982
Italo Galbiati Italy 1982
Francesco Zagatti Italy 1982
Ilario Castagner Italy 1982–1984
Italo Galbiati Italy 1984
Nils Liedholm Sweden 1984–1987
Fabio Capello Italy 1987
Arrigo Sacchi Italy 1987–1991
Fabio Capello Italy 1991–1996
Oscar Tabárez Uruguay 1996
Giorgio Morini Italy 1996–1997
Arrigo Sacchi Italy 1997
Fabio Capello Italy 1997–1998
Alberto Zaccheroni Italy 1998–2001
Cesare Maldini
Mauro Tassotti
Italy 2001
Fatih Terim Turkey 2001
Carlo Ancelotti Italy 2001–2009
Leonardo Brazil 2009–2010
Massimiliano Allegri Italy 2010–

Honors

Milan is one of the most successful clubs in Italy, having won a total of 30 trophies. Together with Boca Juniors,[67] Milan is the most successful club in the world in terms of international competitions won, with a record of 14 European trophies and four World titles. Milan has earned the right to place a star on its jersey in recognition of the fact that it has won at least ten scudetti. In addition, the club is permanently allowed to display a multiple-winner badge on its shirt as it has won more than five European Championship Cups.[68]

Domestic

League

  • Italian Football Championship / Serie A (level 1)
    • Winners (18): 1901, 1906, 1907, 1950–51, 1954–55, 1956–57, 1958–59, 1961–62, 1967–68, 1978–79, 1987–88, 1991–92, 1992–93, 1993–94, 1995–96, 1998–99, 2003–04, 2010–11
    • Runners-up (16): 1902, 1910–11, 1911–12, 1947–48, 1949–50, 1951–52, 1955–56, 1960–61, 1964–65, 1968–69, 1970–71, 1971–72, 1972–73, 1989–90, 1990–91, 2004–05
  • Serie B (level 2)
    • Winners (2): 1980–81, 1982–83

Cups

European

  • UEFA Champions League
    • Winners (7): 1962–63, 1968–69, 1988–89, 1989–90, 1993–94, 2002–03, 2006–07
    • Runners-up (4): 1957–58, 1992–93, 1994–95, 2004–05

Worldwide

Club statistics and records

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),[69] the latter being an all time Serie A record.[70]

Swede forward Gunnar Nordahl scored 38 goals in the 1950–51 season, 35 of which were in Serie A, setting an Italian football and club record. He went on to become Milan's all time top goalscorer, scoring 221 goals for the club in 268 games.[71] He is followed in second place by Andriy Shevchenko with 175 goals in 322 games, and Gianni 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 tactician Nereo Rocco, the first proponent of catenaccio in the country, was Milan's longest serving head coach, sitting on the bench for over 9 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 2004-2006), as well as the most successful president of any football team in the world[citation needed].

The first official match in which Milan participated was in the Third Federal Football Championship, the predecessor of Serie A, losing 3-0 loss to Torinese. Milan's biggest ever victory was 13-0 versus Audax 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 by Bologna.

The club holds the unique record of having gone an entire season without losing a game, during 1991–92. In total, that unbeaten streak lasted 58 games, starting with a 0–0 draw with Parma on 26 May 1991 and coincidentally ending with a 1–0 loss at home to Parma on 21 March 1993. This unbeaten streak is a Serie A record and is the third longest unbeaten run in top flight European football. It comes in behind Steaua Bucureşti's record of 104 unbeaten games and Celtic's 68 game unbeaten run.[72][73]

Along with Boca Juniors, Milan won more FIFA recognized international club titles than any other club in the world.[74]

The sale of Kaká to Real Madrid in 2009, broke the 8-year-old world football transfer record held by Zinédine Zidane, costing the Spanish club £56 million.[75] However, that record lasted for less than a month, broken by Cristiano Ronaldo's £80 million transfer. This record, however, is in terms of nominal British pound rates, not adjusted to inflation or the real value in Euro, the currency used in Italy and Spain.

A.C. Milan as a company

A.C. Milan (Group)
Revenue decrease €253.196 million (2010)
Operating income decrease (€77.176 million) (2010)
Net income decrease (€69.751 million) (2010)
Total assets decrease €380.868 million (2010)
Total equity decrease (€96.693 million) (2010)
Parent Fininvest
Subsidiaries Milan Real Estate
Milan Entertainment
Fondazione Milan - Onlus
Consorzio San Siro 2000(joint venture)
Asansiro S.r.l. (joint venture)
A.C. Milan S.p.A.
Revenue decrease €219,255,968 (2010)
Operating income decrease (€104,154,340) (2010)
Net income decrease (64,803,893) (2010)
Total assets decrease €522,486,758 (2010)
Total equity decrease €7,262,323 (2010)

Milan is a subsidiary of Fininvest Group since 1986. The office of club president has been vacant since May 8, 2008, following a new Italian law that forbids the country's prime minister, Silvio Berlusconi, to have other managing roles in private companies or clubs.[76] The vice president and CEO of the company is Adriano Galliani.

According to The Football Money League published by consultants Deloitte, in the 2005–06 season, Milan was the fifth highest earning football club in the world with an estimated revenue of €233.7 million.[77] The club is also ranked as the sixth wealthiest football club in the world by Forbes magazine as of 2011, making it the wealthiest in Italian football.[13]

Fly Emirates is the current main sponsor for Milan's shirt starting for the 2010–11 season and lasting 5 years,[78] after 4 years with Austrian online betting company bwin.com as the sponsor.

Previously, the German car manufacturer Opel had sponsored Milan for 12 seasons. For most of them, 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 their range) were displayed.

The current shirts are supplied by German sportswear manufacturer Adidas, whose deal runs to the end of the 2017–18 season.[79] The deal makes Adidas the official manufacturer of all kits, training equipment and replica outfits. Prior to Adidas, the Italian sports company Lotto produced Milan's sportswear.

On 14 January 2008, Milan and Adidas renewed the sponsorship contract until 30 June 2018. According to the new contract, Adidas will be responsible for 3 separate areas of sponsorship; the sponsorship on the shirt, the merchandising and the distribution of all non-football related Milan products.[80]

AC Milan Spa. made an aggregate net loss in recent year, was one of the largest among the Italian clubs, which: 2005, net loss of €4,582,000;[81] 2006, a net income of €2,477,791 (contributed by the sales of Shevchenko);[81] 2007, a net loss of €31,978,699;[82] 2008, a net loss of €76,990,913;[83] 2009, a net loss of €18,948,018 (contributed by the sales of Kaká)[84] and most recently a net loss of €64,803,893.[85]

AC Milan had re-capitalization of €25 million in 2007 financial year; €50 million in 2008; a loan of €2.34 million from Fininvest was converted to shares capital in 2009 and €45,068,018 in 2010 (€20.894 million of the capital increase was converted from shareholder loan). However, the group has had negative equity at the end of each fiscal year since 2006. The balance was €40.768 million in 2006, €47.483 million in 2007, €64.482 million in 2008, €71.978 million in 2009 and €96.693 million in 2010.

Kit manufacturers and shirt sponsors

Period Kit manufacturer Shirt sponsor
1981–82 Linea Milan Pooh Jeans
1982–83 NR Hitachi
1983–84 Cuore
1984–85 Rolly Go Oscar Mondadori
1985–86 Gianni Rivera Fotorex U-Bix
1986–87 Kappa
1987–90 Mediolanum
1990–92 Adidas
1992–93 Motta
1993–94 Lotto
1994–98 Opel
1998–06 Adidas
2006–10 Bwin
2010–15 Fly Emirates

Superleague Formula

Milan has a team in the new Superleague Formula race car series where teams are sponsored by football clubs. Robert Doornbos, formerly driving for Minardi and Red Bull Racing in the Formula One World Championship, drove for Milan in 2008.[86] Doornbos won his first race for the team at Nürburgring, Germany. Giorgio Pantano is driving for Milan in the 2009 season and he has also won races for the team.[87]

See also

Club related topics

Historical information

Lists

Records and recognitions

Economic rankings


References

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