Adriano Boin Date: 27th October 2020 at 6:34pm
Written by:

have ended the 2019/20 fiscal year with losses close to €100 million according to reports out of Italy, with the pandemic playing a key role in the figures.

President Steven Zhang and the board of directors met on Tuesday to discuss the financial situation of the club, with La reporting the figures were approved ahead of a shareholders’ meeting on November 27.

The figure comes after posted losses of €48m in 2018/19, though this year’s figures have been heavily influenced by the pandemic and the resulting drop in revenue.

The sale of to Paris Saint-Germain has certainly helped the figure, especially when taking into consideration that AC and posted losses of €195m and €204m respectively.

also opted not to ask their players to take a paycut, a strategy that was adopted by and the aforementioned Roma.