A.C. Milan

Milan
Full name Associazione Calcio Milan S.p.A.[1]
Nickname(s) I Rossoneri (The Red and Blacks)
Il Diavolo (The Devil)
Casciavìt (Lombard: Screwdrivers)
Short name ACM
Founded 16 December 1899 (1899-12-16)
Ground San Siro
Capacity 80,018
Owner Elliott Advisors (UK) Ltd. (99.93%)[2][3]
Small shareholders (0.07%)[4]
Chairman Paolo Scaroni
Head coach Gennaro Gattuso
League Serie A
2017–18 Serie A, 6th
Website Club website

Associazione Calcio Milan (Italian pronunciation: [assotʃatˈtsjoːne ˈkaltʃo ˈmiːlan]), commonly referred to as A.C. Milan or simply Milan, is a professional football club in Milan, Italy, founded in 1899.[5][6] 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 1929–30.[5]

AC Milan's 18 FIFA and UEFA trophies is the fourth highest out of any club (joint with Boca Juniors), and the most out of any Italian club.[7][8][9][10] Milan has won a joint record three Intercontinental Cups and one FIFA Club World Cup,[10] seven European Cup/Champions League titles (Italian record),[10] the UEFA Super Cup a joint record five times and the Cup Winners' Cup twice.[10] With 18 league titles, Milan is also the joint-second most successful club in Serie A, along with local rivals Internazionale and behind Juventus (34 league titles).[11] They have also won the Coppa Italia five times, and the Supercoppa Italiana seven.[10]

Milan's home games are played at San Siro, also known as the Stadio Giuseppe Meazza. The stadium, which is shared with city rivals Internazionale, is the largest in Italian football, with a total capacity of 80,018.[12] 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.[13]

The club is one of the wealthiest in Italian and world football.[14] It 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.[15]

History

A black-and-white picture of Herbert Kilpin, the first captain of A.C. Milan
Herbert Kilpin, the club's first captain and one of its founding members
A.C. Milan in 1901

"Saremo una squadra di diavoli. I nostri colori saranno il rosso come il fuoco e il nero come la paura che incuteremo agli avversari."

— 1899, Herbert Kilpin[16][17]

"We are a team of devils. Our colours are red as fire and black to invoke fear in our opponents."

— 1899, Herbert Kilpin

A.C. Milan was founded as Milan Foot-Ball and Cricket Club in 1899 by English expatriates Alfred Edwards and Herbert Kilpin.[6] Although the club itself claims 16 December of that year as its foundation date, historical evidence show that the club was actually founded on 13 December.[18] In honour of its English 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.[5]

A.C. Milan celebrating after winning the European Cup Winners' Cup final in 1968

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, F.C. Internazionale Milano.[19] Following these events, Milan did not manage to win a single domestic title until 1950–51.[10] 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. This was one of the club's most successful periods domestically, with the Scudetto going to Milan in 1951, 1955, 1957, 1959 and 1962.[10] In 1963, Milan won its first continental title by beating Benfica in the final of the European Cup.[20] This success was repeated in 1969, with a 4–1 win over Ajax in the final, which was followed by the Intercontinental Cup title the same year.[10] During this period Milan also won its first Coppa Italia, with victory over Padova in the 1967 final, and two European Cup Winners' Cups: in 1967–68 and 1972–73.[10]

Milan won a tenth league title in 1979, but after the retirement of Gianni Rivera in the same year, the team went into a period of decline. The club was involved in the 1980 Totonero scandal and as punishment was relegated to Serie B for the first time in its history.[21] The scandal was centred around a betting syndicate paying players and officials to fix the outcome of matches.[21] Milan achieved promotion back to Serie A at the first attempt, winning the 1980–81 Serie B title,[10] but were again relegated a year later as the team ended its 1981–82 campaign in third-last place. In 1983, Milan won the Serie B title for the second time in three seasons to return to Serie A,[10] where they achieved a sixth-place finish in 1983–84.

Tassotti (left) holds the UEFA Champions League trophy along with manager Fabio Capello, following Milan's victory in the 1993–94 edition of the tournament

On 20 February 1986, entrepreneur Silvio Berlusconi acquired the club and saved it from bankruptcy after investing vast amounts of money,[5] appointing rising manager Arrigo Sacchi at the helm of the Rossoneri and signing Dutch internationals Ruud Gullit, Marco van Basten and Frank Rijkaard.[5] The Dutch trio added an attacking impetus to the team, and complemented the club's Italian internationals Paolo Maldini, Franco Baresi, Alessandro Costacurta and Roberto Donadoni. Under Sacchi, Milan won its first Scudetto in nine years in the 1987–88 season. The following year, the club won its first European Cup in two decades, beating Romanian club Steaua București 4–0 in the final. Milan retained their title with a 1–0 win over Benfica a year later and was the last team to win back-to-back European Cups until Real Madrid's win in 2017.[22] The Milan team of 1989–90, nicknamed the "Immortals" in the Italian media,[23] has been voted the best club side of all time in a global poll of experts conducted by World Soccer magazine.[24]

After Sacchi left Milan in 1991, he was replaced by the club's former player Fabio Capello whose team won three consecutive Serie A titles between 1992 and 1994, a spell which included a 58-match unbeaten run in Serie A (which earned the team the label "the Invincibles"),[23][25] and back-to-back UEFA Champions League final appearances in 1993, 1994 and 1995. A year after losing 1–0 to Marseille in the 1993 Champions League final, Capello's team reached its peak in one of Milan's most memorable matches of all time, the famous 4–0 win over Barcelona in the 1994 Champions League final.[25] Capello's side went on to win the 1995–96 league title before he left to coach Real Madrid in 1996.[25] In 1998–99, after a two-year period of decline, Milan lifted its 16th championship in the club's centenary season.

Milan captain Paolo Maldini lifting the European Cup after they won the 2002–03 UEFA Champions League
Milan celebrates winning the Champions League of season 2006–07

Milan's next period of success came under another former player, Carlo Ancelotti. After his appointment in November 2001, Ancelotti took Milan to the 2003 Champions League final, where they defeated Juventus on penalties to win the club's sixth European Cup.[26] The team then won the Scudetto in 2003–04 before reaching the 2005 Champions League final, where they were beaten by Liverpool on penalties despite leading 3–0 at half-time.[26] Two years later, the two teams met again in the 2007 Champions League final, with Milan winning 2–1 to lift the title for a seventh time.[26][27] The team then won its first FIFA Club World Cup in December 2007.[28] In 2009, after becoming Milan's second longest serving coach with 420 matches overseen,[28] Ancelotti left the club to take over as head-coach at Chelsea.

During this period, the club was involved in the Calciopoli scandal, where five teams were accused of fixing matches by selecting favourable referees.[29] A police inquiry excluded any involvement of Milan managers,[30] but the Italian Football Federation (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 was banned from the 2006–07 UEFA Champions League. An appeal saw that penalty reduced to eight points,[31] which allowed the club to retain its Champions League participation.

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 veterans of the club's mid-decade European successes, Milan recaptured the Scudetto in the 2010–11 Serie A season, their first since the 2003–04 season, and 18th overall.[32][33]

However, after the Scudetto the club declined in performance. It saw the club fail to qualify to European competitions for a few years. Fininvest, the holding company of the club also signed a preliminary agreement with Bee Taechaubol to sell 48% stake of the club for €480 million in 2015,[34] after a net loss of €91.3 million in 2014 financial year and subsequent financial contribution from Fininvest.[35] However, the deal collapsed. On 5 August 2016, a new preliminary agreement was signed with a Chinese investment management company Sino-Europe Sports Investment Management Changxing Co., Ltd. (Chinese: 中欧体育投资管理长兴有限公司), which Fininvest sold 99.93% stake of Milan for about €520 million, plus the refurbishment of the club financial debt of €220 million.[36] (A further €90 million credit line from Fininvest was added to the valuation as the new debt was occurred between 1 July 2016 and the closing date).[37] 0.07% stake of the club were retained by other shareholders. On 13 April 2017, the deal was completed and Rossoneri Sport Investment Lux became the new direct parent company of the club.[37] In order to finalize the deal, American hedge fund Elliott Management Corporation provided Li with a loan of €303M (€180M to complete the payment to Finivest and €123M issued directly to the club).[38]

Milan qualified for the 2018–19 UEFA Europa League group stage as the sixth-placed team of the 2017–18 Serie A, but were originally banned by UEFA from European competition due to violations of Financial Fair Play regulations for failure to break-even.[39] In March, U.S. hedge fund Elliott Management Corp. and other U.S. partners including Arena Investors agreed to provide part of the financing in order to allow Mr. Li to proceed with the purchase.[40] On 10 July 2018, Li failed to keep up with his loan repayment plan, neglecting to deposit a €32-million installment on time in order to refinance the €303-million loan debt owed to the American hedge fund. As a result, In July 2018, president Li Yonghong's investment vehicle Rossoneri Champion Inv. Lux. was removed as the shareholder of Rossoneri Sport Inv. Lux., the direct parent company of the club, making the investment vehicle majority controlled by Elliott Management Corporation the sole shareholder of Rossoneri Sport Inv. Lux.[41][42][43][44] Milan appealed to the Court of Arbitration for Sport and was partially accepted on 20 July 2018; the court ordered UEFA to issue a proportionate disciplinary measure other than ban.[45][46]

Colours and badge

The coat of arms of the city of Milan was the club badge of the first decades.

Red and black are the colours which have 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 colours of the stripes on its jersey.[47]

Another nickname derived from the club's colours 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.[48] 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.[48] The modern badge used today represents the club colours and the flag of the Comune di Milano, with the acronym ACM at the top and the foundation year (1899) at the bottom.[48]

White shorts and black socks are usually worn as part of the home strip. Milan's away strip has always been completely white.[49] 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.

"I can’t think of many shirts out there that are as recognisable as Milan’s. – Our kits go beyond just the sphere of football."

— In an interview with SoccerBible, Milan player Gianluca Lapadula complimented the iconic design of Rossoneri.[50]

Stadium

View of the San Siro in 1934.
Curva Sud of the San Siro.

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 is 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, it 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 19 September 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, 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, largely 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 was seriously working towards a relocation. He stated Milan's new stadium will be largely based on the Veltins-Arena – the home of Schalke 04 in Gelsenkirchen – 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 would likely be used for football only, having no athletics track. On 11 December 2014, Barbara Berlusconi announced a proposal to build a property stadium of 42,000 seats in Portello, behind the new HQ of the Rossoneri, and the large square "Piazza Gino Valle". The new village with shopping malls and hotel is located near CityLife district and is served by the metro.[51] On 20 September 2015, however, Silvio Berlusconi called an end to his club's plans to build a new stadium in the city.[52] In 2017, new CEO Marco Fassone stated that the club may look at either staying in the San Siro or moving to a new stadium with the club hierarchy emphasizing the need to increase average attendance for home games. [53]

Supporters and rivalries

Brigate Rossonere
Scene of a Derby della Madonnina in 1915.

Milan is one of the best supported football clubs in Italy, according to research conducted by Italian newspaper La Repubblica.[54] Historically, Milan was supported by the city's working-class.[55] On the other hand, crosstown rivals Internazionale were mainly supported by the more prosperous middle-class.[55] The oldest ultras groups in all of Italian football, Fossa dei Leoni, originated in Milan.[56] Currently, the main ultras group within the support base is Brigate Rossonere.[56] Politically, Milan ultras have never had any particular preference,[56] but the media traditionally associated them with the left-wing,[57] until recently, when Berlusconi's presidency somewhat altered that view.[58]

According to a study from 2010, Milan is the most supported Italian team in Europe and seventh overall, with over 18.4 million fans.[59] It had the ninth highest average attendance of European football clubs during the 2010–11 season, behind Borussia Dortmund, Barcelona, Manchester United, Real Madrid, Bayern Munich, Schalke 04, Arsenal and Hamburger SV.[60][61][62][63][64]

Brothers Giuseppe (left) and Franco (right) Baresi facing each other in the 1979–80 Milan derby

Genoa fans consider Milan a hated rival after Genoa fan Vincenzo Spagnolo was stabbed to death by a Milan supporter in January 1995.[65] Milan's main rivalry, however, is with its neighbour club, Internazionale, where 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 quarter-final match between Milan and Inter on 12 April 2005, after a flare thrown from the crowd by an Inter supporter struck Milan goalkeeper Dida on the shoulder.[66]

The rivalry with Juventus F.C. is a rivalry between the two most titled teams in Italy. The challenge confronts also two of the clubs with greater basin of supporters as well as those with the greatest turnover and stock market value in the country.[67] The match-ups between Milan and Juventus, is regarded as the championship of Serie A, and both teams were often fighting for the top positions of the standings, sometimes even decisive for the award of the title.[68] Milan also have rivalries with Roma and Fiorentina.

Honours

A partial view of the club's trophy room at the Mondo Milan Museum

Milan is one of the most successful clubs in Italy, having won a total of 30 domestic honours, in addition to their continental successes. 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 Cups.[69]

A.C. Milan honours
Type Competition Titles Seasons
Domestic Serie A 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
Serie B 2 1980–81, 1982–83
Coppa Italia 5 1966–67, 1971–72, 1972–73, 1976–77, 2002–03
Supercoppa Italiana 7s 1988, 1992, 1993, 1994, 2004, 2011, 2016
Continent European Cup / UEFA Champions League 7 1962–63, 1968–69, 1988–89, 1989–90, 1993–94, 2002–03, 2006–07
UEFA Cup Winners' Cup 2 1967–68, 1972–73
UEFA Super Cup 5s 1989, 1990, 1994, 2003, 2007
Worldwide Intercontinental Cup 3s 1969, 1989, 1990
FIFA Club World Cup 1 2007
  •   record
  • s shared record

Club statistics and records

Paolo Maldini made a record 902 appearances for Milan, including 647 in Serie A.

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),[70] the latter being an all-time Serie A record.[71]

Swedish 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.[72] 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.

Marco Van Basten, pictured with the 1988 Ballon d'Or, won the award three times during his time with Milan.

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 nine 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 and 2006).

The first official match in which Milan participated was in the Third Federal Football Championship, the predecessor of Serie A, losing 3–0 to Torinese. Milan's largest ever victory was 13–0 against 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.

During the 1991–92 season, the club achieved the feature of being the first team to win the Serie A title without losing a single game. Previously, only Perugia had managed to go unbeaten over an entire Serie A season (1978–79), but finished second in the table. In total, Milan's unbeaten streak lasted 58 games, starting with a 0–0 draw against Parma on 26 May 1991 and coincidentally ending with a 1–0 home loss to Parma on 21 March 1993. This is a Serie A record as well as the third-longest unbeaten run in top flight European football, coming in behind Steaua București's record of 104 unbeaten games and Celtic's 68 game unbeaten run.[73][74]

Since 2007, along with Boca Juniors, Milan has won more FIFA recognised international club titles than any other club in the world with 18 titles.[75] They were overtaken by Al Ahly SC from Egypt after their 2014 CAF Confederation Cup win.[76]

The sale of Kaká to Real Madrid in 2009 broke the eight-year-old world football transfer record held by Zinedine Zidane, costing the Spanish club €67 million[77] (about £56 million[78]). That record, however, lasted for less than a month, broken by Cristiano Ronaldo's £80 million transfer.[79] This record, however, is in terms of nominal British pound rates, not adjusted to inflation or the real value of the euro. Madrid bought Zidane for €77.5 million in 2001,[80][81] about £46 million at that time.

Players

First team squad

As of 31 August 2018.[82]

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

No. Position Player
2 Italy DF Davide Calabria
4 Italy MF José Mauri
5 Italy MF Giacomo Bonaventura
7 Spain FW Samu Castillejo
8 Spain FW Suso
9 Argentina FW Gonzalo Higuaín (on loan from Juventus)[83]
10 Turkey FW Hakan Çalhanoğlu
11 Italy FW Fabio Borini
12 Italy DF Andrea Conti
13 Italy DF Alessio Romagnoli (captain)[84]
14 France MF Tiémoué Bakayoko (on loan from Chelsea)[85]
16 Italy MF Andrea Bertolacci
17 Colombia DF Cristián Zapata
18 Italy MF Riccardo Montolivo
20 Italy DF Ignazio Abate
No. Position Player
21 Argentina MF Lucas Biglia
22 Argentina DF Mateo Musacchio
23 Croatia DF Ivan Strinić
25 Spain GK Pepe Reina
33 Italy DF Mattia Caldara
35 Italy GK Alessandro Plizzari
56 Czech Republic DF Stefan Simić
63 Italy FW Patrick Cutrone
68 Switzerland DF Ricardo Rodríguez
77 Croatia FW Alen Halilović
79 Ivory Coast MF Franck Kessié (on loan from Atalanta)[86]
90 Italy GK Antonio Donnarumma
93 Uruguay DF Diego Laxalt
99 Italy GK Gianluigi Donnarumma

For recent transfers, see 2018–19 A.C. Milan season.

Out on loan

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

No. Position Player
Italy GK Chrisitan Cavaliere (at Monza until 30 June 2019)[87]
Italy GK Alessandro Guarnone (at Matera until 30 June 2019)[88]
Italy DF Gabriele Bellodi (at Olbia until 30 June 2019)[89]
Italy DF Edoardo Brusa (at Monza until 30 June 2019)[90]
Italy DF Gian Filippo Felicioli (at Perugia until 30 June 2019)[91]
Italy DF Matteo Gabbia (at Lucchese until 30 June 2019)[92]
Paraguay DF Gustavo Gómez (at Palmeiras until 30 June 2019)[93]
Italy DF Andrés Llamas (at Pistoiese until 30 June 2019)[94]
Poland MF Przemysław Bargiel (at Spezia until 30 June 2019)[95]
Belgium MF Alexandro Cavagnera (at Lugano until 30 June 2019)[96]
No. Position Player
Italy MF Mattia El Hilali (at Matera until 30 June 2019)[97]
Italy MF Manuel Locatelli (at Sassuolo until 30 June 2019)[98]
Croatia MF Emir Murati (at Torino until 30 June 2019)[99]
Italy MF Tommaso Pobega (at Ternana until 30 June 2019)[100]
Portugal FW André Silva (at Sevilla until 30 June 2019)[101]
Italy FW Antonio Fabozzi (at Fenegrò until 30 June 2019)[102]
Italy FW Riccardo Forte (at Pistoiese until 30 June 2019)[94]
Kosovo FW Ismet Sinani (at Juve Stabia until 30 June 2019)[103]
Portugal FW Tiago Dias (at Braga until 30 June 2019)[104]

Youth teams

Former players

Club captains

Player records

Retired numbers

No. Player Nationality Position Milan debut Last match Ref
3* Paolo Maldini  Italy Centre back / Left back 20 January 1985 31 May 2009 [105]
6 Franco Baresi  Italy Sweeper 23 April 1978 1 June 1997 [105]

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

Coaching staff

Former player Gennaro Gattuso is the current manager of the club.
As of 29 November 2017.[106]
Position Name
Head coach Gennaro Gattuso
Assistant coach Luigi Riccio
Fitness coaches Mario Innaurato
Bruno Dominici
Dino Tenderini
Technical assistants Massimo Innocenti
Francesco Sarlo
Match analyst Marco Sangermani
Goalkeeping coaches Alfredo Magni
Giorgio Bianchi
Club manager Christian Abbiati
Team manager Andrea Romeo

Chairmen and managers

Chairmen history

Alfred Edwards, the first president of the club in 1899–1909

Milan has had numerous chairmen[nb 1] over the course of its history, some of whom have been owners of the club while others have been honorary chairmen. Here is a complete list of them.[107]

 
Name Years
Alfred Edwards 1899–1909
Piero Pirelli 1909–1928
Luigi Ravasco 1928–1930
Mario Bernazzoli 1930–1933
Chairman Commission 1933
Luigi Ravasco 1933–1935
Pietro Annoni 1935-1936
Chairman Commission 1936
Emilio Colombo 1936–1939
Achille Invernizzi 1939–1940
  
Name Years
Chairman Commission 1940-1945
Umberto Trabattoni 1945–1954
Andrea Rizzoli 1954–1963
Felice Riva 1963–1965
Chairman Commission 1965–1966
Franco Carraro 1967–1971
Federico Sordillo 1971–1972
Albino Buticchi 1972–1975
Bruno Pardi 1975–1976
Vittorio Duina 1976–1977
  
Name Years
Felice Colombo 1977–1980
Gaetano Morazzoni 1980–1982
Giuseppe Farina 1982–1986
Rosario Lo Verde 1986
Silvio Berlusconi 1986–2004
Chairman Commission 2004–2006
Silvio Berlusconi 2006–2008
Chairman Commission 2008–2012
Silvio Berlusconi (honorary) 2012–2017
Li Yonghong 2017–2018
Paolo Scaroni 2018–

Managerial history

Nereo Rocco, the most successful manager in the history of A.C. Milan with 10 trophies

Below is a list of Milan coaches from 1900 until the present day.[108]

 
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
Giovanni Cattozzo Italy 1966
Arturo Silvestri Italy 1966–1967
Nereo Rocco Italy 1967–1972
Cesare Maldini Italy 1973–1974
  
Name Nationality Years
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
Óscar 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
Antonio Di Gennaro		 Turkey
Italy		 2001
Carlo Ancelotti Italy 2001–2009
Leonardo Brazil 2009–2010
Massimiliano Allegri Italy 2010–2014
Mauro Tassotti (caretaker) Italy 2014
Clarence Seedorf Netherlands 2014
Filippo Inzaghi Italy 2014–2015
Siniša Mihajlović Serbia 2015–2016
Cristian Brocchi Italy 2016
Vincenzo Montella Italy 2016–2017
Gennaro Gattuso Italy 2017–

Milan Women

On 11 June 2018 Milan announced the creation of Milan Women team by acquiring the Women's Serie A licence of Brescia Calcio Femminile.[109]

A.C. Milan as a company

On 13 April 2017 Milan became a subsidiary of Rossoneri Sport Investment Luxembourg, which acquired 99.92973% shares of A.C. Milan S.p.A. from Fininvest. Li Yonghong became the new chairman[nb 1] and Marco Fassone was confirmed as CEO. The other members of the board of directors were Roberto Cappelli, David Han Li, Lu Bo (Chinese: 路博 of Haixia Capital[110]), Marco Patuano, Paolo Scaroni and Xu Renshuo.[111] (Chinese: 许仁硕)[110] However, Li Yonghong's investment vehicle was removed as the shareholder of Rossoneri Sport Investment Luxembourg on 10 July after defaulted in a pledge to Elliott Management Corporation, which lent a large sum of money to Li in 2017 to finalize the acquisition.[112][113] Other partners of Elliott were Arena Investors[113] and Blue Skye, according to news reports.[114]

Elliott nominated new board of directors for both Rossoneri Sport Investment Luxembourg and Milan, with Paolo Scaroni as the new chairman (Italian: presidente) of the board of Milan and interim CEO. The four previous Chinese member of the board and former CEO Marco Fassone were all dismissed.[115]

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.[116] However, it fell to eighth in 2011–12 season,[117] tenth in 2012–13 and twelfth in 2013–14 season. The club is also ranked as the eighth-wealthiest football club in the world by Forbes magazine as of 2014, making it the wealthiest in Italian football, just surpassing ninth-ranked Juventus by a narrow margin.[14]

Emirates is the current main sponsor for Milan's shirt starting from the 2010–11 season and through to the 2019–20 season.[118] This follows a four-year relationship with Austrian online betting company bwin.com as sponsor.[119]

Previously, German car manufacturer Opel (owned by General Motors) had sponsored Milan for 12 seasons.[120] For most of those 12 years, "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 the company's range) were displayed.

The current shirts are supplied by Puma. Previously it was supplied by German sportswear manufacturer Adidas, whose deal was scheduled to run until 2023.[121] The deal made Adidas the official manufacturer of all kits, training equipment and replica outfits. However, an early termination of the deal was announced in October 2017,[122] effective on 30 June 2018. Prior to Adidas, the Italian sports company Lotto produced Milan's sportswear.

A.C. Milan Group made an aggregate net loss in recent years, which was one of the largest among the Italian clubs, notably: 2005, net loss of €4.5 million (separate account);[123] 2006, a net income of €11.9 million[123] (mainly contributed by the sales of Andriy Shevchenko);[124] 2007, a net loss of €32 million;[125] 2008, a net loss of €77 million;[126] 2009, a net loss of €19 million[77] (the decreased net loss was mainly contributed by the sales of Kaká);[127] 2010, a net loss of €65 million;[128] in 2011, a net loss of €67.334 million,[129] in 2012 , a net loss of €6.857 million[130] (contributed by the sales of Thiago Silva and Zlatan Ibrahimović).[131] and in 2013, a net loss of €15.7 million[132] (with some contribution by the sales of Kevin-Prince Boateng and Alexandre Pato[133][131] and other players, as well as decrease in wage bill.[134])


A.C. Milan Group
consolidated financial statement
(In millions of euros)
YearRevenueProfitTotal AssetsEquityRe-capitalization
2006[135] 305.111 11.904 287.065Decrease −40.768Decrease 1.464
2007[136]Decrease 275.442Decrease −31.716Increase 303.678Decrease −47.483Increase 25.000
2008[126][137]Decrease 237.900Decrease −66.838Increase 325.625Decrease −64.482Increase 50.000
2009[138] (restated)[128]Increase 307.349Increase −9.836Increase 394.150Decrease −71.978Decrease 2.340
2010[128][139]Decrease 253.196Decrease −69.751Decrease 380.868Decrease −96.693Increase 45.068
2011[140]Increase 266.811Increase −67.334Decrease 363.756Increase −77.091Increase 87.060
2012[130]Increase 329.307Increase −6.857Decrease 334.284Increase −54.948Decrease 29.000
2013[132]Decrease 278.713Decrease −15.723Increase 354.595Decrease −66.921Decrease 3.750
2014[35][141]Decrease 233.574Decrease −91.285Decrease 291.301Decrease −94.206[nb 2]Increase 64.000
2015 (restated)[142]Decrease 213.426Increase −89.079Increase 362.156Increase −50.557Increase 150.000
2016[143]Increase 236.128Increase −74.871Decrease 315.200Steady −50.427Decrease 75.000
2017 (first half)[144][145][146]Decrease 102.866Increase −32.624Increase 447.557Increase 29.969Increase 59.520 + 53.500
2017–18Decrease 38.88[147] + 21.1032[148]

Note: Re-capitalization figures were obtained from item versamenti soci in conto capitale e/o copertura perdite, for 2006 to 2017 financial year

Kit manufacturers and shirt sponsors

Years Kit manufacturer Sponsor
Brand Company
1981–82 Linea Milan Pooh Jeans Italiana Manifatture
1982–83 NR Hitachi Hitachi Europe
1983–84 Cuore
1984–85 Rolly Go Oscar Mondadori Arnoldo Mondadori Editore
1985–86 Gianni Rivera Fotorex U-Bix Olivetti
1986–87 Kappa
1987–90 Mediolanum
1990–92 Adidas
1992–93 Motta
1993–94 Lotto
1994–98 Opel General Motors
1998–06 Adidas
2006–10 Bwin
2010–18 Emirates The Emirates Group
2018– Puma[149][150]

Superleague Formula

A.C. Milan Superleague Formula car

Milan had a team in the 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.[151] 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.[152] The team folded in 2010 along with the series in 2011.

See also

Notes

  1. 1 2 the Italian word for chairman of the board of directors was Presidente. However, it was not equal to the English meaning of president of a company.
  2. ↑ The full restated financial statement of 2014 was not available; in 2016 Annual Report, the equity at the end of 2014 financial year was stated as negative 111.616 million

References

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  143. ↑ "Nota Integrativa". A.C. Milan S.p.A. bilancio al 2016-12-31 [A.C. Milan S.p.A. financial report at 31 December 2016] (in Italian). Milan: Italian C.C.I.A.A. 2017. (Subscription required (help)).
  144. ↑ "Bilancio Milan: gli impegni di Yonghong Li e il debito verso Elliott". Calcio e Finanza (in Italian). 1 November 2017. Retrieved 18 December 2017.
  145. ↑ Pollina, Elvira (31 October 2017). "AC Milan, bilancio: da analisi covenant prestiti no criticità, fiducia in rinegoziazione debito". Milan. Reuters. Retrieved 18 December 2017.
  146. ↑ "Nota Integrativa". A.C. Milan S.p.A. bilancio al 2017-06-30 [A.C. Milan S.p.A. financial report at 30 June 2017] (in Italian). Milan: Italian C.C.I.A.A. December 2017. (Subscription required (help)).
  147. ↑ Fassone, Marco (March 2018). "INFORMATIVA AGLI AZIONISTI DI ASSOCIAZIONE CALCIO MILAN S.P.A." (Press release) (in Italian). A.C. Milan. Archived from the original on 28 March 2018. Retrieved 28 March 2018.
  148. ↑ Fassone, Marco (May 2018). "AGGIORNAMENTO DELL'INFORMATIVA AGLI AZIONISTI DI ASSOCIAZIONE CALCIO MILAN S.P.A." (Press release) (in Italian). A.C. Milan. Archived from the original on 5 June 2018. Retrieved 5 June 2018.
  149. ↑ "PUMA AND AC MILAN ANNOUNCE LONG-TERM PARTNERSHIP" (Press release). A.C. Milan. 12 February 2018. Retrieved 26 April 2018.
  150. ↑ "AC Milan sign deal with PUMA". ESPN FC. 12 February 2018. Retrieved 26 April 2018.
  151. ↑ "Doornbos joins Superleague series". Autosport. Retrieved 1 August 2009.
  152. ↑ "Superleague thrilled to add Pantano". Autosport. Archived from the original on 25 June 2009. Retrieved 1 August 2009.
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