Inter’s shareholders have today confirmed club record revenues as they approved the financial statements for 2018/19 at the annual shareholders meeting, the club have confirmed.

“Last season, consolidated revenues increased by 20% to reach €417 million, the highest-ever figure achieved by the club, while the EBITDA grew by 53% to €105.2 million. The net result was a loss of €48.4 million, which the Club ascribes to the significant investments made to strengthen on-field performances,” a statement posted on the club website starts.

“Contributing to the revenue increase was the €138 million from sponsorships (up 9% on the previous financial year) and the excellent results obtained thanks to the fans’ support for the team: an average home attendance of 61,419 saw Inter record the highest attendance figures in Italy once again, and the fifth highest in Europe.

“During the season, the Club fulfilled the cumulative break-even requirements of the UEFA Settlement Agreement signed in May 2015, enabling it to exit the Agreement and demonstrating the solidity of the organization’s business performance.

“FC Internazionale Milano is a global brand with 385 million supporters across the world. The club now has 120 million fans in China – an increase of 30% on the previous season. Last season the value of the Inter brand grew by 20% to €465 million, taking it ever closer to the world’s top ten football clubs.

“The Club’s strategy for the production of innovative and geo-localized dedicated content for new generations,  has created  significant growth in number of followers across digital channels with an overall increase of 8 million to reach 22.5 million by the end of the 2018/19 season (up 54% on the previous year). FC Internazionale Milano is currently the European club with the fastest growing social-media presence (+5.09% in the last month across all platforms) and now has 28 million worldwide followers.”