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The club's latest statement shows a €53m (£46m/$61m) drop on the previous year and brings the club’s consolidated losses over the last 14 years to over €730m (£639m/$845m), with €460m (£403m/$533m) of that total accounted for in the last five years.
Alexandre Pato has admitted to receiving “some offers from Serie A teams” during his time at Tianjin Quanjian and has refused to rule out a possible return to AC Milan.
AC Milan have a "basic agreement" with Flamengo to bring attacking midfielder Lucas Paqueta to San Siro, general manager Leonardo has revealed.
AC Milan coach Gennaro Gattuso says talk of a potential San Siro return for Zlatan Ibrahimovic is "just hot air".
The agent of Paul Pogba and Zlatan Ibrahimovic, Mino Raiola, has spoken about the futures of two of his top clients.
Mino Raiola has revealed Zlatan Ibrahimovic is "prepared to talk" to Milan as the veteran striker continues to be linked with a return to San Siro.
Carlo Ancelotti faces an emotional home debut as Napoli coach against old club AC Milan on Saturday as Cristiano Ronaldo plays his first match in Turin in the second round of Serie A action.
Lazio midfielder Sergej Milinkovic-Savic is not a transfer target for AC Milan and there has been no contact between the clubs to set up a deal, says Rossoneri sporting director Leonardo.
Kaka may be the next AC Milan icon to join a reunion of legends at San Siro, with the Brazilian opening the door to a directorial role.
AC Milan would love to try and bring in Sergej Milinkovic-Savic from Lazio but would not be able to do so and stay within the parameters of Financial Fair Play, according to Leonardo.
Kaka will return to AC Milan in September to learn the ropes as a club director, according to technical director Leonardo.
Gonzalo Higuain said AC Milan technical director Leonardo was the main reason why he joined the club from Juventus and that he did not feel forced out by the arrival of Cristiano Ronaldo from Real Madrid.
Gonzalo Higuain has agreed to join AC Milan on a season-long loan from Serie A rivals Juventus, according to Sky.
AC Milan relieved Massimiliano Mirabelli of his duties as sporting director on Tuesday, only days after the Italian club also severed ties with general manager Marco Fassone.
Alisher Usmanov is exploring a sale of his 30 percent stake in English football club Arsenal, the Financial Times reported on Tuesday, citing sources close to the Russian billionaire.
Iranian rescue teams were still trying to locate the wreckage of a plane on Monday a day after it crashed with 65 people on board, as glacial temperatures and mountainous terrain hampered their search.
Table Tennis star Aruna Quadri, Super Eagles vice Captain Ahmed Musa and D’Tigress’s Evelyn Akhator were part of the biggest winners at Nigeria Sports Award held at Banquet Hall of the Eko Hotels on Friday in Lagos.
UN peacekeepers and Congolese troops have been wounded in an offensive against a militia in eastern Democratic Republic of Congo, the United Nations' mission to the country said on Thursday.
Nigerians who made the list include Taofeek Abijako, Kayode Ojo, Obi Omile Jr, Adegoke Olubusi, Tito Ovia, Dimeji Sofowora, Olaoluwa Osuntokun and Emmanuel Acho.
The Permanent Secretary, Federal Ministry of Health, Abdulaziz Mashi Abdullahi, has reaffirmed the commitment of the Federal Government towards reducing cases of mental disorder in Nigeria.
The Peoples Democratic Party, PDP, has told the ruling All Progressives Congress, APC, that the 2019 election is not about who has more money.