Inter saw a significant fall in commercial revenue during the COVID-19 pandemic but were aided by external investment and commerce deals.
According to Il Sole 24 Ore, the Nerazzurri were stung by the impact of the global pandemic but the situation could have been far more perilous without significant incoming funds.
Inter released their annual financial report yesterday and it highlighted a €50 million injection of funds from Oaktree Capital, after owners Suning struck a deal to secure a loan from them earlier this month.
Meanwhile, the payment of commercial contracts has generated a further €22.2m, reducing the impact of the pandemic on the club’s coffers, whilst Suning also deferred player wages across the course of the season in a bid to manage their finances.
However, the newspaper highlights that over a nine-month period, the trend shows a deficit at the club of €115m and it remains to be seen how this figure will be affected by any player sales before the end of June.
