The portal Calcio & Finanza has released a detailed report concerning the entire Inter group’s financial statements which consist of FC Internazionale Milano SpA (the football club) and the two other companies controlled by the club Inter Media & Communications and Inter Brand. The financial report released this past October was that of FC Internazionale Milano SpA only and not the other two subsidiary companies. Inter are not required by law to deposit any other documents aside from those which pertain to the parent football club, so therefore the only news released to media and fans alike was the report which stated that Inter made a loss of €140,5 million
With the publication of Inter Media & Communications and Inter Brand financial statements, Calcio & Finanza have consolidated the reports from the three companies. These show that the Inter group have had net revenues of in total €176,08 million of which TV rights (Inter Channel and image rights from InFront) add up to €93,68 million or 53% of the net income. Stadium income is around € 23,29 million and the commercial net income is € 41,62 million. Almost € 3 million stem from this summer’s tour of the USA.
The running costs however are at € 184.37 million. The highest costs are the wage costs at 115,89 million which has gone down by €1 million compared to the season before but should be higher given that the wages for the playing squad has gone down to €73,6 million from last seasons 85,5 whilst the cost for coaching staff has gone up to €13,2 million from 11,9 given that Walter Mazzarri is still on Inter’s payroll whilst the club hired Mancini.
The difference between operating income and costs is negative for the 2014/2015 season at € 8,29 million but it will be positive result if you consider the management of the players. In fact it’s a positive result of € 12,42 million which according to Calcio & Finanza will be €20,71 million if you take into account all future sales and loan deals. This isncludes the sale of Ricky Alvarez to Sunderland which is still being looked at by FIFA.
Source: FCInterNews.it