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In a throwback to the golden days of football, before Financial Fair Play, AC Milan has announced that it had a €126m loss for last season under the ownership of Li Yonghong. That was €53m more than Milan lost in the previous year.

Revenue grew from €212m to €255m, but that included player trading. Even with the 20% increase in revenue, Milan still missed that is still less than €273m that the ownership group had projected.

Milan’s expenses kept pace with the growth in revenue, rising 22.7% of €354m, up from €273.9m.

uning knew that the holy grail for Inter was to get back to playing in the Champions league and the financial rewards that competition brigs with it.

The Nerazzurri are in Europe’s top club competition for the first time since the 2011-12 season, and Suning are counting the millions of euros that are flowing into the club after two wins from their two matches against Tottenham Hotspur and PSV.

According to figures from Gazzetta dello Sport, Inter earned €38.9m just be participating in the group stages.

Added to that is €2.7m for each of their wins, while qualification for the Last 16 would guarantee at least €9.5m.

Juventus Coach Massimiliano Allegri admits “Milan made a great signing” in Gonzalo Higuain.

The Argentine spent the past two seasons in Turin, but after the arrival of Cristiano Ronaldo he joined their rivals on an €18m loan with a €24m option to buy.

“Higuain is a great striker and Milan made a great signing,” Allegri told reporters after today’s Samsung event.

“[Sporting director Fabio] Paratici worked really well in the summer, there’s no point talking about the transfer market now.

“Ronaldo? He scored a great goal in Udine. I’ve already made my feelings clear on the subject and I think it’s right to talk about something else.”

Former coach Gian Piero Ventura has been hired by last-place club Chievo Verona.

It’s the first job for Ventura since he was fired nearly a year ago for Italy’s failure to qualify for the World Cup.

Chievo announced on Wednesday they had agreed a two-year deal with Ventura.

The 70-year-old Ventura replaces Lorenzo D’Anna, who was fired on Tuesday following a 3-1 loss at AC Milan, the club’s sixth defeat in eight matches.

Chievo’s only points have come from two draws and the squad has minus-1 point after being deducted three points last month for false accounting.

Napoli moved back to within six points of Serie A leaders Juventus on Sunday as goals from Adam Ounas and Lorenzo Insigne clinched a 2-0 win over Sassuolo, while Inter Milan took third by beating SPAL.

Carlo Ancelotti’s hosts slipped off the pace last weekend with a loss to Juve in Turin, but managed to avoid dropping further adrift, after the embattled Cristiano Ronaldo scored in the reigning champions’ victory at Udinese on Saturday.

“We played some really good football today, even if Sassuolo were not an easy opponent to deal with,” said Ancelotti.

For the first time in close to 13 years, four Italian teams won in the Champions League in the same round of fixtures and as a result have overtaken England to go second in the UEFA rankings.

Last night saw Lorenzo Insigne’s late winner for Napoli defeat Liverpool, while Inter came back from a goal down to beat PSV in Eindhoven.

On Tuesday night Roma beat Viktoria Plzen 5-0, while Juventus eased to a 3-0 win over Young Boys, thanks to Paulo Dybala’s hat-trick.

CEO Beppe Marotta has confirmed he is leaving Juventus on October 25, but not to be FIGC President.

“It has been a remarkable eight-year run, Juventus will always be in my heart,” Marotta told Sky Sport Italia after the 3-1 win over Napoli.

“I want to announce this because a list of the directors will be released on Monday and my name won’t be on it. I thought it only right to anticipate and give that news before anyone tries to create a different version. The ownership have made a decision to enact a profound renovation.

Napoli boss Carlo Ancelotti says he was ‘angry’ with his side for throwing away a 1-0 lead in their 3-1 loss to Juventus at the Allianz Stadium on Saturday.

Belgium forward Dries Mertens put the away side in front in the first half after tapping in Jose Callejon’s cross, but a brace from Mario Mandzukic and a third goal from Leonardo Bonucci saw league leaders Juventus retain their 100% league record for another week.

A second half sending off for left-back Mario Rui did not help Napoli’s chances, with Ancelotti also critical of the referee.

Max Allegri was “angry” when Juventus sat back and almost allowed 10-man Napoli back into the game, but assured the title race is wide open.

Dries Mertens had given the visitors a deserved early lead, but Mario Mandzukic’s brace turned it around and Leonardo Bonucci met a corner after Mario Rui’s red card for the 3-1 result.

The Bianconeri have won all eight of their competitive games this season and already move six points clear at the top of the Serie A table.

Lautaro Martinez scored his first Serie A goal and Matteo Politano volleyed in a screamer as Inter battled to a 2-0 home win over Cagliari, although they survived more VAR drama.

Argentina attacker Martinez netted a first-half header from a Dalbert cross to set Inter on their way to a fifth win in their last six games in all competitions.

Inter, who named stars including Mauro Icardi, Ivan Perisic and Marcelo Brozovic on the bench, spent much of Saturday’s San Siro clash on the back foot but Politano’s late goal made sure of the points.