Inter Hit All Financial Targets Set By Suning For The Transfer Window, Italian Media Report

Inter Hit All Financial Targets Set By Suning For The Transfer Window, Italian Media Report
September 2, 2021 12:30
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After a difficult summer working to meet financial targets set by owners Suning, Inter have met all their objectives with regard to transfer income, wage bill reduction, and shirt sponsorships.

This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who report that the Nerazzurri’s positive balance of €124.5 million in the transfer market, reduction of the wage bill to a net of €148 million per season, and agreement of €33 million worth of shirt sponsorship partnerships have met their goals on all fronts.

Inter’s summer transfer window saw too major big0money departures in the form of the expected sale of Achraf Hakimi and the shock loss of Romelu Lukaku, as well as several less expensive signings and the return of Zinho Vanheusden from Standard Liege for €16 million due to an enforced buyback clause.

The final balance for this market of sales and purchases saw the Nerazzurri take in €124.5 million more than they spent, well in excess of the €80 million targeted by the owners.

Meanwhile, the salary was reduced to €148 million net per season, also in accordance with the goals outlined by Suning, although with major renewals of Lautaro Martinez, Marcelo Brozovic, and Nicolo Barella coming up this could be changed.

Lastly, in their search for more lucrative shirt sponsors than Pirelli, the Nerazzurri have made agreements worth €21 million with front sponsors, and €6 million each with back sponsors Lenovo and sleeve sponsors DigitalBits to take the total value of the partnerships to €33 million, hitting the approximately €30 million targeted.

By Toni Weeler

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