# European football club financial performance

> Live situation record from CLSTR: https://clstr.news/situations/european-football-club-financial-performance
> Updated: 2026-09-23T12:14:58.000Z. Sources: 16. Developments: 2.

Manchester United and Inter Milan reported positive financial results for the 2025/26 fiscal period.

Manchester United achieved record revenues of £677.6 million, a 1.7% increase from the prior year, alongside operating profits of £22.6 million. CEO Omar Berrada attributed the performance to the club’s “underlying business strength” despite a lack of European football, noting that cost-cutting measures and improved Premier League standing aided stability.

Inter Milan also reported a successful year with a net profit of €22.7 million, marking its second consecutive year of profit under the management of investment fund Oaktree. This follows a €35 million profit in the 2024/25 season, which was bolstered by extraordinary revenues from a Champions League final appearance and the FIFA Club World Cup.

Despite the absence of those specific extraordinary European revenues, Inter Milan reached total revenues of €518 million, the second-highest in its history. Growth was driven by a 7% rise in commercial income—supported by a new merchandising partnership with Fanatics—and an €11 million increase in player trading revenue. The club also reduced production costs by approximately €20 million and lowered financial expenses by roughly €19 million following a debt refinancing operation. Consequently, the club returned its net equity to a positive position of €10.4 million, recovering from a negative €12 million reported at the close of the 2024/25 period.

## Claims

- The Board of Directors approved the draft financial statements for the 2025/26 fiscal year. (corroborated by 3 sources)
- The club reported a net profit of 22.7 million euros. (corroborated by 3 sources)
- Total revenues reached 518 million euros. (corroborated by 3 sources)
- Production costs were reduced by approximately 20 million euros, a 4% decrease. (corroborated by 3 sources)
- The Group's net equity returned to positive territory at 10.4 million euros. (corroborated by 3 sources)
- Commercial revenues increased by 7%. (corroborated by 3 sources)
- Player trading revenues increased by 11 million euros. (corroborated by 2 sources)
- Financial charges were reduced by 50%. (corroborated by 2 sources)

## Timeline

### 2026-09-23: Inter Milan reports €22.7 million net profit for 2025/26 season

Inter Milan reported a €22.7 million net profit for the 2025/26 season, marking its second consecutive year in the black and returning the club's net equity to positive territory.

11 sources. https://clstr.news/cluster/inter-milan-reports-227-million-euro-net-profit-for-202526-fiscal-year

### 2026-09-08: AC Milan wage bill to exceed 100 million euros for 2026/27 season

AC Milan's gross wage bill for the 2026/27 season will exceed 100 million euros, a 16.3% increase that places them fourth in Serie A for player salaries.

6 sources. https://clstr.news/cluster/ac-milan-wage-bill-to-exceed-100-million-euros-for-202627-season

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Cite as: European football club financial performance. CLSTR, https://clstr.news/situations/european-football-club-financial-performance