Hojlund sale to Manchester United helped Atalanta profits surge

Gian Piero Gasperini Atalanta Europa League (Photo by Adrian DENNIS / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

Atalanta have closed the financial year in 2024 with profits of €9.8m, largely thanks to Rasmus Hojlund’s sale to Manchester United.

La Dea hit remarkable new heights last season when they beat Bayer Leverkusen 3-0 in the Dublin Final to win the Europa League, their first ever piece of UEFA silverware.

They also then participated in the European Super Cup against Real Madrid before playing in the new format of the Champions League.

All of this, plus player sales and the completion of their Gewiss Stadium reconstruction project, helped them make a profit for the ninth year in a row.

According to Calcio e Finanza, the club from Bergamo concluded the 2023-24 financial year with profits of €9.8m.

Hojlund sale boosted Atalanta profits

epa11713416 Rasmus Hojlund of Manchester United in action during the English Premier League match between Manchester United and Leicester City, in Manchester, Britain, 10 November 2024. EPA-EFE/PETER POWELL

This is thanks to a surge in revenue that reached €242.1m, almost an all-time club record approaching the €242.7m of 2020-21, but an improvement on the €193.7m for 2022-23.

Above all it was pushed by the sale of Hojlund to Manchester United.

He was purchased from Sturm Graz for €20m in August 2022 and sold on a year later to the Premier League giants for €73.9m plus up to €9.9m in add-ons.

His transfers alone represented a profit of €53.2m.

Since Antonio and Luca Percassi took charge of Atalanta in 2010, the club has generated €508m in profits from player sales.

Hojlund is the most profitable player, followed by €34.3m from Dejan Kulusevski to Juventus and €33.8m for Cristian Romero to Tottenham Hotspur.