Inter have recorded club record revenues of €415 million for the last financial year and these figures should be approved at the end of next month according to a report from Corriere dello Sport.
Inter’s revenues are up 20% compared to last year but their losses have also more than doubled due to the sacking of manager Luciano Spalletti and his staff.
Despite the increase in losses, Inter’s losses are still in line with the parameters set by UEFA’s Financial Fair Play system, which only allows clubs to make a certain loss over a three year period.
The report goes on to state that October 28 looks set to be the day where Inter’s board of directors will meet to approve the financial statements.
The board of directors met yesterday to discuss the financial statements although club president Steven Zhang was not physically present. Zhang was in Munich fulfilling his duties as part of the European Club Association in Munich, Germany but participated via conference call.
