Italian daily business newspaper Il Sole 24 Ore journalist Marco Bellinazzo has highlighted that Inter’s owners Suning have invested almost half as much as former Inter Massimo Moratti did during his entire tenure as Inter owner despite only being in charge for not even five years.
As per Bellinazzo, Moratti invested some €1.3 billion whilst in charge of Inter between 1995 and 2013 and Suning, who have only been Inter’s owners since the Summer of 2016, have already invest €600 million into the Nerazzurri club.
Bellinazzo has also pointed out how much AC Milan’s current owners Elliot Management have spent compared to Silvio Berlusconi, who now owns Serie B club Monza.
“Those who fear for the seriousness of foreign ownership must realise that in the cases of AC Milan and Inter there are no problems. Both Suning and Elliott have invested a lot respectively to consolidate and relaunch the two clubs,” Bellinazzo explained in an interview with Italian broadcaster Sky Sport Italia, earlier on today.
Bellinazzo then went on to discuss the current situation further and how the ongoing global Coronavirus pandemic has had an impact on things.
“Moratti invested €1.3 billion in his years as president, Suning have already invested €600 million so far. Berlusconi invested €900 million whilst Elliott have invested €700 million.
“Now we are in a very delicate phase, with the asset stage important for development. The will is to rediscover the lost international dimension.
He concluded: “The path has been slowed down by the pandemic, the virus is hitting hard and will hit even worse this season. Over the years, Inter have managed to increase structural revenues by €100 million, unlike AC Milan, but operating costs must still be kept in mind. “
