AC Milan crest

AC Milan

Value$2.12BHeartbreak#2398.6Top TeamMilan

Milan, Milan · Italy · Serie A

League titles
19
last 2022
Major cups
37
last 2024
Top-2 finishes
36
Top-4 finishes
63

Power-ranking history

Rank (1 = best)1225Score (per-season normalised)0.00.51.059/6069/7079/8089/9099/0009/1019/20

Against expectation

Every Italian top-flight match this club has played in the Serie A, scored against the odds an Elo rating gave it before kick-off. Over 92 seasons from 1929-30 to 2024-25 it has beaten them by +80.4 match points.

1929-30 to 2024-25one bar per season · height in match points

Best season against expectation
2003-04 +21.2 league pts
82 points on 60.8 expected as AC Milan
Worst season against expectation
1996-97 −16.4 league pts
43 points on 59.5 expected as AC Milan

Season points use that season’s own scoring, two for a win before 1994-95 and three from it; the bars use match points so the whole series is comparable. The rating only starts telling you much after about 1960. Before that, knowing the era’s home-and-away split is almost as good as knowing the teams.

1945-46 table not final: two regional groups (Alta Italia, Centro-Sud) plus a final round.

Milan against expectation →How this is measured →

Title chances

This side's chance in each title race we forecast, frozen and scored like every forecast here.

Full odds: Serie A · Europa League · every title race

What the squad was worth

Total market value of the squad, EUR millions, by month; the player count beside it is the size of the priced squad.

How this is measured

Drawn as a step, not a curve: Transfermarkt reprices every squad in December and June (marked with a small tick on the axis) and revalues continuously between, so the line only moves when a real valuation changed, never by interpolation.

A month renders no value at all once the priced squad falls below 15 players, so a thin squad is never shown as a cheap one. The series is floored at July 2012 on purpose: earlier Transfermarkt totals reflect which players happened to be priced yet rather than the squad’s real worth, and are excluded rather than shown misleadingly low.

Upstream (dcaribou/transfermarkt-datasets) has been paused since July 2026, so the series ends where the source ends rather than where the season does.

Player valuations from Transfermarkt via github.com/dcaribou/transfermarkt-datasets (CC0).

What the squad was worth€429m
031062112-1314-1516-1718-1920-2122-2324-25

Peak
€575m in Dec 2022 · 32 players valued
Most recent
€429m in Jun 2026 · 23 players valued

Milan on the rankings →

Who controls the club

The entity that holds control today, one per franchise; co-controllers and minority holders are listed, never summed.

How this is measured

Exactly one control entity is recorded per franchise, so a portfolio can never count a club twice. Co-controllers and minority holders are shown as published and carry no weight in any total.

The chip names the evidence. Sourced: a primary source is linked (league, club, filing or tier-one outlet). Cross-checked: matched against the ownership-change sweep. Contested: disputed or mid-sale. Rows are reviewed weekly.

Stakes are as published, often only “majority”, and are not pro-rated. A record of control is not a claim about anyone’s intent or conduct.

Who controls the clubRedBird Capital Partners (Gerry Cardinale)
RedBird Capital Partners (Gerry Cardinale)fund· Majority
Sourcedas of 30 Jan 2026

A Jan-Feb 2026 refinancing removed the Elliott-linked vendor loan, ending Elliott's residual financial hold. RedBird also owns Toulouse FC and holds stakes in Fenway Sports Group and the YES Network.

Also controls
Also linked to

RedBird Capital Partners (Gerry Cardinale) on the owners board →

The money ledger

Fees paid and received each season, and what the squad was worth once the trading is netted out.

How this is measured

Spent is the fees paid for players arriving, received the fees for players leaving, both in EUR millions by the July-to-June season of the move. A move with no fee on record (a free, a loan, an undisclosed sum) is counted, never priced: the small figure beside each total is the moves with a fee, plus those without (so 4+3 is four priced arrivals and three unpriced), and a quiet window is not mistaken for a cheap one. Wages are not here: they are estimates nobody licenses, and fees are documented.

Appreciation is the season’s change in squad value with the net spend taken out: buy 100m of players and finish 100m higher is zero; finish 120m higher and the club made 20m of players better, or the market repriced them. It needs a priced squad at both ends of the season (the same 15-player floor as the value chart), so it is blank rather than guessed for a season that lacks one.

The source has been paused since 6 July 2026, so the final row holds only the opening days of its window.

Transfer fees and player valuations from Transfermarkt via github.com/dcaribou/transfermarkt-datasets (CC0).

The money ledger−€546m
Spent
€1.16b
72 arrivals with a fee
Received
€614m
48 departures with a fee
Net
−€546m
307 moves with no fee
Appreciation
−€274m
14 seasons with a priced squad

Grown or bought: in 2026-27, trading +€33m and appreciation —. Over the last 5 seasons (2022-23–2026-27), trading −€170m and appreciation unpriced.

The director’s ledger: 96 arrivals graded since 2022-23, 80% EV-positive. €489m deployed for a 1.1× multiplier.

2026-27 spent — received €33mto 6 July 2026
out: Álex Jiménez €19m
—
unpriced
2025-26 spent €165m received €110m
in: Christopher Nkunku €37m
−€77m
squad gain
2024-25 spent €133m received €98m
in: Santiago Gimenez €30m
−€113m
squad gain
2023-24 spent €131m received €69m
in: Tijjani Reijnders €25m
−€76m
squad gain
2022-23 spent €60m received €10m
in: Charles De Ketelaere €38m
−€31m
squad gain
2021-22 spent €90m received €4m
in: Fikayo Tomori €35m
−€7m
squad gain
2020-21 spent €24m received €52m
in: Alexis Saelemaekers €8m
+€203m
squad gain
2019-20 spent €141m received €56m
in: Rafael Leão €50m
−€258m
squad gain

Money against football

Every priced club-season in the six leagues: points against expectation across, squad value gained beyond the net spend up. This club’s seasons are joined.

● the frontier: no other club-season beat it on both axes · ● this club, season by season, the largest dot the latest

Every club’s return on the transfer window →

Greatest games

AC Milan's top matches by the club Game Score: closeness, stakes, quality and upset over one unified rating of league and European play. H, A and N mark home, away and a neutral venue; a ★ is a curated all-time classic (tap it for the model's own score).All-time board.

1
2005-05-25 · Champions League · Final
95.0
game score
2
1958-05-28 · European Cup · Final
90.5
game score
3
1993-05-26 · Champions League · Final
87.5
game score
4
1995-05-24 · Champions League · Final
85.2
game score
5
2006-04-18 · Champions League · Semifinals · 1st leg
84.8
game score
6
2004-04-07 · Champions League · Quarterfinals · 2nd leg, agg 4-5
83.6
game score
7
2007-05-23 · Champions League · Final
82.8
game score
8
1990-04-25 · Coppa Italia · Final · 2nd leg, agg 0-1
82.1
game score
9
1990-04-18 · European Cup · Semifinals · 2nd leg, agg 2-2
81.7
game score
10
2005-05-04 · Champions League · Semifinals · 2nd leg, agg 3-3
81.5
game score

Footprint

Tiers played
L1
Top-flight (L1) seasons
110
First season
1900
Most recent season
2026

The Heartbreak Index8.6 · #239

The Tortured · European Cup, 2007

8.6
Heartbreak
#239
of 1,138 clubs
#141
in Football
8.6
agony
The clocks
  • Champions-league since 20070.5
  • Major trophy since 20220.1
  • League title since 20220.0
Heaviest wounds

lost the national cup final, 2018 · league runner-up, 2024 · lost the national cup final, 2025 · lost the national cup final, 2016

One formula, every club the site covers. See the whole board →

YouTube

+12,728,388
views gained since 23 Oct 2026
0
subscribers gained since 23 Oct 2026

Open the official channel on YouTube

Calculated by Citizen of Nowhere from YouTube channel statistics, as of 2 Nov 2026. Not part of the Fan Attention Index. Not ranked.

Data from YouTube API Services · YouTube Terms of Service · How we use YouTube data

Season-by-season

Most recent season first. Covers Serie A only. Rows tagged "national playoff" are pre-modern formats where the workbook records only playoff participants, not round-robin standings.

2027
Serie A (1) · P5● live
10 P · 6-3-1 · 21:12 · +9
21
pts
2026
Serie A (1) · P5
38 P · 20-10-8 · 53:35 · +18
70
pts
EL
2025
Serie A (1) · P8
38 P · 18-9-11 · 61:43 · +18
63
pts
CoppaCL
2024
Serie A (1) · P2
38 P · 22-9-7 · 76:49 · +27
75
pts
CLELCL
2023
Serie A (1) · P4
38 P · 20-10-8 · 64:43 · +21
70
pts
CLCL
2022
Serie A (1) · P1★
38 P · 26-8-4 · 69:31 · +38
86
pts
CLCL
2021
Serie A (1) · P2
38 P · 24-7-7 · 74:41 · +33
79
pts
ELCL
2020
Serie A (1) · P6
38 P · 19-9-10 · 63:46 · +17
66
pts
EL
2019
Serie A (1) · P5
38 P · 19-11-8 · 55:36 · +19
68
pts
EL
2018
Serie A (1) · P6
38 P · 18-10-10 · 56:42 · +14
64
pts
CoppaELEL
2017
Serie A (1) · P6
38 P · 18-9-11 · 57:45 · +12
63
pts
EL
2016
Serie A (1) · P7
38 P · 15-12-11 · 49:43 · +6
57
pts
Coppa
Domestic Cup Finals

Most recent first. Every domestic cup final the club has played, including losses. Scheduled finals (date not yet passed) are flagged.

2025
Coppa Italia
Runner-up
2024
Supercoppa Italiana
Won
2022
Supercoppa Italiana
Runner-up
2018
Coppa Italia
Runner-up
2018
Supercoppa Italiana
Runner-up
2016
Coppa Italia
Runner-up
2016
Supercoppa Italiana
Won
2011
Supercoppa Italiana
Won
2004
Supercoppa Italiana
Won
2003
Coppa Italia
Won
2003
Supercoppa Italiana
Runner-up
1999
Supercoppa Italiana
Runner-up
European competition appearances

Most recent first. One row per entry showing the deepest round reached. A Cup Winner badge marks tournaments the club won: gold for the European Cup / Champions League, silver for every other UEFA or Intercontinental trophy.

2024-25
Champions League(CL)
Group stage
2023-24
Champions League(CL)
Group stage
2023-24
Europa League(EL)
Quarter-final
2022-23
Champions League(CL)
Semi-final
2021-22
Champions League(CL)
Group stage
2020-21
Europa League(EL)
Round of 16
2018-19
Europa League(EL)
Round of 32 / qualifying
2017-18
Europa League(EL)
Round of 16
2013-14
Champions League(CL)
Round of 16
2012-13
Champions League(CL)
Round of 16
2011-12
Champions League(CL)
Quarter-final
2010-11
Champions League(CL)
Round of 16