Football Benchmark: Where Milan ranked among European clubs for 2024-25 stadium revenues

A study compiled the ranking of all clubs for stadium revenues in 2024-25, and AC Milan just about make the top 20 in Europe.

A list put together by Football Benchmark (via MilanNews24) looks at the stadium earnings among the major European football clubs. Real Madrid top the list, generating €232.6m in revenue from the renovation of the new Santiago Bernabéu.

Behind Los Blancos, we find other great European powerhouses: Manchester United with €190.7m, Arsenal at €183m, PSG with €176.6m and Barcelona at €150.2m.

In the European top 20, three Italian clubs are present. In ninth place are Inter, who earned €103.6m thanks largely to their run to the Champions League final. In 17th place is Milan, with €69.5m in stadium revenue, while Juventus occupy 19th place, with €65.4m.

The study also analyses the impact of stadium takings on the clubs’ total revenue figures. The three Italian clubs have similar percentages: Inter generate 19% of their revenue from San Siro, Juventus 18% and Milan 17%.

Real Madrid – the top-ranked club – get 20% of their over €1bn from the Bernabeu, a figure that underscores the importance of stadium revenue for elite clubs, especially those with modern and competitive facilities.

The new San Siro project takes on greater importance for Milan and Inter, therefore, in their bid to trim the gap with Europe’s elite.