Inter Have Fulfilled Suning’s Financial Targets Set For The Transfer Window, Italian Media Report

Inter Have Fulfilled Suning’s Financial Targets Set For The Transfer Window, Italian Media Report
August 31, 2021 14:15
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Inter have met the strict financial targets set by owners Suning for the summer transfer window through sales and the wage bill reduction.

This according to today’s print edition of Turin-based newspaper Tuttosport, who report that the Nerazzurri have raised about €120 million net in the transfer market, and reduced their wage bill by around €25 million, meeting the requests of the owners.

The summer window has been one of upheaval for the Nerazzurri, with head coach Antonio Conte departing and key players Achraf Hakimi and Romelu Lukaku having been sold, and former Lazio boss Simone Inzaghi and a number of new arrivals having taken their place.

In the market the sales of Hakimi and Lukaku brought in around €185 million, while the total cost of new signings came in at €63 million, meaning that the total net income for the summer is €120 million, meeting the objectives.

Meanwhile, a significant reduction of the wage bill was also targeted, and between the departures and arrivals of players and their salaries, the renewal of certain squad members on reduced terms, and the departure of Conte (whose deal had €13 million net remaining on it) for a severance payment of €7.5 million while Inzaghi is set to earn €4 million net per season, the €25 million reduction targeted is reported to have been achieved.

By Toni Weeler

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