AC Milan: losses reduced to €6.9m in 2012 due to lower wages
AC Milan has announced a net loss of €6.9m for the 2012 calendar year at the club's general meeting on the 22/04/2013.
The club's losses are almost ten times lower than in 2011 (€67m, which was 4.5% less than in 2010, €70m).
AC Milan vice-president Adriano Galliani says the dramatic decline by reducing the payroll of the club, "In 2013 I expect...
