Milan is out of the Champions League, but has averted the exit from Europe, which would have been disastrous for the club’s coffers. Now the objective is to win the Europa League, a trophy that the Rossoneri have never won and which could still guarantee interesting income, “limiting” losses. Here’s how much he’s earned so far and how much he could still earn
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Out of the Champions League but not from Europe. The victory against Newcastle was not enough to get through the group, thanks to the draw between Borussia Dortmund and PSG, but at least it guaranteed the Rossoneri repechage in the Europa League, above all avoiding the worst case scenario, exit from Europe, which would have had serious economic consequences. So let’s try calculate how much the farewell to the Champions League cost Milan and how much it could gain from the Europa Leagueit being understood that some of these are still estimates and not all of them are official data.
How much he has earned so far with the Champions League
Last year the Rossoneri reached the semi-final of the Champions League, then lost in the double match against Inter, and the European journey 2022/23 brought approximately 127 million euros into the coffers (the official data will be communicated by UEFA in February), a figure that Milan will certainly not be able to replicate this season, even if they win the Europa League. Let’s start by calculating how much he should have earned up to now, with his path, now interrupted, in the 2023/24 Champions League. Based on data from “Calcio e Finanza”, the estimate is around 46 million euros, given by the sum of the various guaranteed bonuses and the results obtained in the group. In particular:
Participation bonus: 15.64 million euros; Historical ranking: 19.3 million; Results bonus: 7.46 million; Market pool 1: 1.7 million; Market pool 2: 2.3 million;
TOTAL: 46.4 million
A difference with last season of around 80 million euros “lost” (or rather, not earned) with the early farewell to the Champions League (not considering the box office takings, which for now would amount to almost 19 million.
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How much the Europa League could earn
To try to limit the loss, the Rossoneri must therefore focus on the path forward Europa Leagueconsidering that a possible access to the final could guarantee a nice treasure. How much? To get an idea we can base ourselves on how much Roma earned last season, reaching the final which they then lost against Sevilla (for Milan some figures relating to ranking or market pool could vary slightly).
Historical ranking: 3.96 million
Market pool: approximately 3.7 million
Playoffs: 0.5 million
Eighths: 1.2 million
Quarters: 1.8 million
Semifinals: 2.8 million
Finale: 4.6 million
Victory bonus in the final: 4 million
TOTAL: 22.56 million
Also adding 2.2 million relating to bonuses for results (for the Giallorossi there were 6 wins and 2 draws), we reach an overall figure close to 25 million euros. All things considered, reaching at least the Europa League final would mean the Rossoneri earning around 70 million from this European campaign (to be “rounded” with new box office receipts). More than 50 fewer than last season which ended in the Champions League semi-final.
The new Club World Cup
To this must be added the failure to participate in the new Club World Cup, debuting in June 2025 with 32 teams admitted to the final phase. The qualification criteria for this new competition have yet to be made official, but there is talk of 12 participating European clubs, two of which are Italian: Inter is practically certain to be there, Milan is virtually left out after their elimination in the group stage. Saying goodbye to another 45 million euros (estimate of the fee per participant, starting from an unofficial competition prize pool of around 2.5 billion).
