Short answer: The biggest wage bill in Serie A in 2024/25 belonged to Inter, with €253.2m in staff costs, just ahead of Juventus on €244.7m. AC Milan were third on €189m, followed by Roma (€152.7m) and Napoli (€142.1m). Como’s staff costs of €93.7m were 151.0% of their €62.0m revenue.

Inter had the biggest wage bill in Serie A in 2024/25: €253.2m in staff costs for the group in the year to 30 June 2025, just ahead of Juventus on €244.7m. The figure comes from Inter’s consolidated accounts for 2024/25, and the other figures in the table below come from the clubs’ own published accounts and results, except AC Milan’s staff costs, which are UEFA’s.

This page ranks clubs, not players. Serie A clubs publish their total staff costs in their annual accounts, but not what individual players earn, so lists of player salaries rest on estimates. A club’s staff costs are the pay figure that is published.

Which Serie A clubs have the biggest wage bills in 2024/25?

Staff costs (“costi per il personale”) are in euros and cover all of a club’s employees. Every club’s financial year ends on 30 June 2025. The table lists the nine biggest wage bills we could confirm from official documents: Bologna’s 2024/25 accounts could not be retrieved when we checked, so Bologna is missing, and we did not review the remaining clubs’ accounts for this page.

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Serie A’s nine biggest wage bills, 2024/25: staff costs, revenue and staff costs as a share of revenue, in euros; from the clubs’ published accounts and results, except AC Milan’s staff costs (UEFA)
Rank Club Staff costs 2024/25 Revenue 2024/25 (club figure) Staff costs as a share of revenue
1 Inter €253.2m €567.0m 44.7%
2 Juventus €244.7m €529.6m 46.2%
3 AC Milan €189m €494.5m 45% (UEFA’s figure)
4 Roma €152.7m €270.2m 56.5%
5 Napoli €142.1m €290.9m 48.8%
6 Atalanta €123.2m €320.8m 38.4%
7 Lazio €98.2m €146.0m 67.2%
8 Fiorentina €94.7m €198.6m 47.7%
9 Como €93.7m €62.0m 151.0%

Sources: the annual accounts of Inter, Roma, Napoli, Atalanta, Lazio, Fiorentina and Como, and Juventus’s results release. Inter, Juventus, Roma, Atalanta and Lazio report group figures; Como’s are a pro-forma group statement prepared for UEFA licensing. AC Milan’s 2024/25 accounts, linked from the club’s website, could not be opened, so Milan’s staff costs and their 45% share of revenue are UEFA’s figures (rounded to the nearest million), from UEFA’s European Club Finance and Investment Landscape; Milan’s revenue is from the club’s results announcement. On that €494.5m, Milan’s share would be 38.2%. The other shares are our own calculation. Revenue is each club’s own total, and for most clubs it includes profits from selling players (Lazio’s figure does not), so the shares are not on an identical basis.

What the wage bills show

Inter and Juventus are well clear of the rest

Only €8.6m separates Inter (€253.2m) and Juventus (€244.7m), and both are more than €55m ahead of AC Milan’s €189m. Inter’s accounts break the bill down: €154.6m in contract pay for players, €20.6m for coaches and technical staff and €34.0m in performance bonuses. At Juventus, pay for registered players and technical staff fell by €18.7m on the year, to €220.3m, according to the club.

Roma cut their wage bill by almost a quarter

Roma’s staff costs fell from €202.1m in 2023/24 to €152.7m in 2024/25, a drop of 24.4%. Napoli moved the other way: their staff costs rose by 22.1%, from €116.4m to €142.1m, in a season in which they won the league.

Player sales flatter some ratios

Most Italian clubs count profits from selling players in their revenue. Atalanta’s €320.8m includes €100.9m of such profits; without them, staff costs would be 56.0% of the rest rather than 38.4%. Napoli’s €290.9m includes €102.6m, which takes their share from 48.8% to 75.5% when it is left out. Napoli’s UEFA broadcasting income fell from €70.1m to €3.9m in a season without European football; our guide to Champions League prize money shows how much that football is worth.

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Como spend more on wages than they earn

Como’s staff costs rose from €35.0m in 2023/24, a Serie B season, to €93.7m in their first season back in Serie A, while revenue was €62.0m. The group’s loss for the year was €132.1m, and the owners put in €133.55m to cover losses. How the club got here is told in our story of Como’s rise under the Hartono family.

Lazio’s latest figures

Lazio, which is listed on the stock exchange, has already published its accounts for the year to 30 June 2026: staff costs rose to €104.6m, mainly because of higher fixed pay for players and coaching staff, while revenue fell to €134.5m, so the share of revenue rose from 67.2% to 77.8%.

How much do Serie A clubs spend on wages as a whole?

No official Serie A total for 2024/25 has been published yet. UEFA’s European Club Finance and Investment Landscape puts the wages of Italian top-division clubs at €1,941m in the 2024 financial year (2023/24), or 66% of revenue, with an average of €97m per club. The Italian federation’s ReportCalcio 2025, which covers Serie A, B and C together, says labour costs fell from 69.8% to 56.6% of the value of production between 2021/22 and 2023/24.

What do the staff cost figures include?

  • All employees. Staff costs cover everyone a club employs: players, coaches and administrative staff.
  • Not transfer fees. Transfer fees are spread over players’ contracts as amortisation, which is reported separately.
  • Latest published year. 2024/25 is the latest year for which all these clubs’ figures are available. UEFA’s wage figures can differ slightly from a club’s own accounts because UEFA uses its own definition: it puts Inter’s wages at €260m, for example.

For the current season, our page ranking all 20 Serie A clubs by estimated 2026/27 wage bill uses a different method, and its figures are estimates of player salaries rather than published accounts.

How we built this

We took each club’s staff costs and revenue from its own annual accounts for the year to 30 June 2025, which many Serie A clubs publish on their websites under UEFA’s club licensing rules, and used UEFA’s figure for AC Milan. The share of revenue is our own arithmetic, except for Milan. We did not use player salary estimates or media reports. The figures were checked on 28 October 2026.

Frequently Asked Questions

Which Serie A club has the highest wage bill?

Inter, with staff costs of €253.2m in the year to 30 June 2025, according to the club’s consolidated accounts. Juventus were second with €244.7m.

How much do Serie A clubs spend on wages in total?

No official Serie A total for 2024/25 has been published yet. UEFA puts the wages of Italian top-division clubs at €1,941m in 2023/24, or 66% of their revenue.

Which club spends the largest share of revenue on wages?

Como, whose staff costs of €93.7m were 151% of their €62.0m revenue in 2024/25. Among the other clubs in the table, Lazio had the highest share, at 67.2%.

Why does this page rank clubs and not players?

Serie A clubs publish their total staff costs but not individual players’ salaries. The club’s staff costs, from its accounts, are the official pay figure.

Do these figures include transfer fees?

No. Staff costs cover pay and employment costs for all employees. The cost of transfer fees is reported separately as amortisation.

Sources