Inter have officially achieved their target for capital gains for the year as set out by the settlement agreement they signed with European football’s governing body, UEFA but it is not the end of capital gains, Gazzetta dello Sport detail.
Inter sporting director Piero Ausilio has once again achieved the target without making any sales involving big-name players and has raised the €40 million through sales of players in Inter’s youth ranks such as Andrea Pinamonti and Zinho Vanheusden.
The report then goes on to explain why Inter still need to make capital gains. The financial fair play criteria, that applies to all clubs, not just those who require a settlement agreement, state that within the last three balance sheets, expenses cannot exceed revenue by more than €30 million.
The accounts of the last three season can tolerate a 30% loss of liabilities, which Inter have reached and is why, they will need to make capital gains again next June. However, assuming that revenues continue to rise, as has been the trend since Suning’s take over, the amount needed should reduce.
Even though Inter’s revenue is expected to rise from €281 million (2018) to near €360 million (2019), capital gains will still be needed but things will certainly be easier for the Nerazzurri.