Inter president Steven Zhang has reiterated the fact that Inter must work to resolve their financial crisis through sales and wage reduction this summer, and has outlined the amounts necessarily involved.
Today’s print edition of Rome-based newspaper Corriere dello Sport reports that Zhang has clarified the club’s financial goal in the face of vague and conflicting reports as to how much cash will need to be generated.
In recent days there have been report that the club may need to raise as much as €100-120 million from transfer sales, but according to Corriere dello Sport Zhang has stated the figure to be quite a bit lower than that, and roughly equal to the losses in stadium revenue due to the pandemic.
In a window where Inter have been reportedly negotiating the sale of Achraf Hakimi with PSG and considering interest from Chelsea, demanding a minimum fee of €80 million for the player, much speculation has arose as to how much money Inter need to bring in.
Zhang has clarified that the targeted amount raised from sales during the window is a net profit of €70 million.
Aside from profits from transfer sales, the club are also targeting a total reduction of 15% to the wage bill for the upcoming season.
