Inter To Pay Nerazzurri Players’ January Salaries Within Two Weeks, Italian Media Report

Inter To Pay Nerazzurri Players’ January Salaries Within Two Weeks, Italian Media Report
March 2, 2021 12:15
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The ongoing rumours concerning Inter’s current corporate situation are less frightening today than they were yesterday and in days before that, according to an Italian media report today.

There has been no shortage of speculation regarding the Nerazzurri’s complicated corporate situation, with owners Suning battling a serious lack of liquidity.

However, Gazzetta dello Sport and Corriere della Sera have both reported that Suning are ready to pay Inter’s players their salaries for the month of January by March 15.

Inter’s complex corporate situation and delicate financial moment has led to wages being paid late and so far wages for the months of July, August, September and October have been paid.

The salary payments for both November and December are still pending and in all likelihood they will be deferred until the end of the season.

Inter must also focus on UEFA’s upcoming March 31 deadline, which will determine whether they can obtain a licence for European competition next season.

UEFA have however made things a bit easier for clubs given the impact of COVID-19 on club finances, announcing last month that they were willing to grant licences to clubs so long as the total money owed to each individual player did not exceed 15% of their annual salary.

In order to benefit from this loophole, Inter would need to demonstrate the impact of the COVID-19 situation on revenues and present a plan for how to settle all payments by June 30.

By Cammy Anderson

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