Italian Media Details Inter’s As Well As Combined Overall Financial Debt Of All Serie A Clubs

Italian Media Details Inter’s As Well As Combined Overall Financial Debt Of All Serie A Clubs
August 12, 2020 18:30
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Serie A clubs have a combined total debt exceeding the €4 billion mark according to a report from Italian news outlet Calcio e Finanza, who specialise in the finances involved in football.

The major part of the financial debt is between debt owed to loan providers and other clubs. Loan providers were due €1.35 billion whilst other clubs were due €1.07 billion as of June 30 2019.

The report explains that the aggregate value of the shareholders equity in Serie A clubs has grown by 28.5% up to €551 million.

When it comes to Inter, their total debt as of June 30 2019 did not incorporate loans from majority shareholders the Suning group, who purchased a controlling stake in the club from Indonesian tycoon Erick Thohir in the Summer of 2016.

Debt that has in part been converted into equity in the second quarter of the 2019/20 fiscal year which amounted to a total of €200.2 million on June 30 2019, which is €30.4 million less than on June 30 2018 when it amounted to €230.6 million.

Cammy Anderson
By Cammy Anderson

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