Inter have hit back at reports that the club’s finances are in such turmoil that the club should not be allowed to partake in the Serie A.

The Nerazzurri released a statement on the club’s official homepage threatening legal action against Il Sole 24 Ore for the report which the club claim are “incorrect and misleading as well as harmful to the image of the club.” The media outlet claimed that Inter’s accumulated debt is so high and out of control that the club should be prohibited from partaking in the Serie A.

This prompted the Nerazzurri to release the following statement on their official homepage stating that they “would like to make it clear that its consolidated financial statements contain comprehensive data and information as required by the Italian Civil Code and legal and regulatory provisions relating to the financial statements of football clubs. This data shows that that the views expressed in the article are both incorrect and misleading as well as harmful to the image of the club, which has fully adhered to Italian law and FIGC regulations.

The financial statement ending 30 June 2017 was approved first by the relevant club bodies and then by the shareholders’ meeting, before successfully passing checks carried out by the Professional Football Clubs Supervisory Commission (Co.Vi.So.C.).

The club believes it to be of primary importance that laws and regulations on financial statements are adhered to and will take all necessary legal actions to defend itself and its image in order to once again confirm that the financial information contained in the financial statement, explanatory notes and management report is transparent and truthful.”