AC Milan are projected to record a loss of around €25 million in the 2025/26 financial year, according to estimates reported by Calcio e Finanza and reiterated by Football Italia. The forecast represents a sharp decline from the prior year’s result, when the club reported a profit of about €2.9 million. The projected downturn is linked to the club’s disappointment in the Champions League and the costs associated with compensation payouts. In both reports, the figures focus on the estimated financial impact for the 2025/26 season rather than a final audited result, and the loss magnitude is presented as a projection based on the club’s sporting and related financial outcomes. The sources agree that the Champions League exit reduces expected revenues, while compensation payments add to expenses. Overall, the reporting indicates that Milan’s financial performance is expected to deteriorate significantly year-on-year, shifting from a modest profit to a sizeable loss for the upcoming reporting period.