According to La Gazzetta dello Sport's analysis, Inter Milan's match-day revenue reached €98 million, while AC Milan generated €61 million, still showing a significant gap compared to other European clubs.

La Gazzetta dello Sport began its analysis of San Siro's economic value with match-day revenue. According to financial reports for the fiscal year ending June 30, 2025, Inter Milan's total match-day revenue reached €98 million, up from €69.2 million in the previous season, excluding cup matches and friendly matches. This approximately 40% increase was driven by the fixture schedule and tournament progression. Inter played the most home matches that season, reaching the Coppa Italia semi-finals and the Champions League final. Rising average ticket prices and season ticket sales over recent seasons, combined with sustained fan attendance, also boosted match-day revenue. AC Milan's revenue was significantly lower, with stadium revenue of €61 million in their latest financial report. Figures for the season just concluded are estimated to be similar: approximately €90 million for Inter Milan and around €60 million for AC Milan.
In the 2024/25 season, M-I Stadio recorded non-match-day revenue of €26.7 million, up from €25.3 million in the previous fiscal year. M-I Stadio is the parent company jointly controlled by Inter Milan and AC Milan, responsible for stadium management. This shows that San Siro has begun generating revenue from non-match-day activities. Concerts and related events generated €10.2 million, the museum and guided tours contributed €7.3 million, internal and external venue rentals generated €2.9 million, and catering and bar services contributed €2.4 million. Other revenue was €2.4 million, and use of the stadium by the national team generated €1.5 million. Several categories saw significant growth: internal and external venue rentals grew 38% year-over-year, other revenue increased 69%, and the museum and guided tours grew 7%.
While awaiting construction of the new stadium, San Siro is exploring new revenue-generating opportunities. A new beer bar overlooking the pitch has opened on non-match days, and the stadium roof can also be opened for tourists along with the museum. However, these measures have not yet fully closed the gap with other European clubs: Real Madrid's stadium revenue reached €222 million, Arsenal €183 million, Paris Saint-Germain €175 million, and both Barcelona and Tottenham Hotspur €150 million each.
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