Inter CEO Beppe Marotta has given updates on some important financial situations around the club, confirming that there are no financial problems after the events of the summer.
Speaking to Italian broadcaster Sky Sport Italia prior to the Nerazzurri’s Serie A fixture against Sassuolo this evening, the executive spoke about the financial priorities at the club, as well as explaining that the club are working toward renewing the contract of midfielder Marcelo Brozovic.
The Nerazurri saw significant upheaval during the summer transfer window, with the major sales of Achraf Hakimi and Romelu Lukaku meaning that two important contributors from last season’s Scudetto triumph were gone from the club while a number of signings were also brought in to take their place.
As Marotta made clear, however, the sales served an important purpose, with the club now experiencing financial security after difficulties prior to the summer.
On the discrepancy in form between the league and Champions League he stressed caution, stating that “In Serie A we played more games, in the Champions League only two games. We are in an early phase, definitive judgments cannot be expressed.”
On the financial difficulties faced by the club he said, “It is a general situation of clubs at European level, due to the economic contraction linked to the pandemic. I can assure you that Inter are safe at the moment, we are paying our salaries on time. We have given up important assets, but the balance sheet comes first. We must first respect the financial aspect and then build a competitive team.”
He went on, “First our attention goes to the balance sheet and then building the team, this is the fundamental aspect of Italian football and beyond. Years ago, Italy was El Dorado, the players arrived and their careers ended here. Now it’s a transitory league, they obviously want to leave and go away at some point where they can reasonably earn even more.”
Regarding the loan that was taken in from US fund Oaktree Capital he explained, “This was an operation that has come from what may be referred to as the needs of Inter in view of the shareholders. After the sales were made, we are in a moment of financial security, I am not going to go into the merits, it’s not the time to do so.”
“Zhang has secured funding for about €700 million, which is a substantial amount. We are very close and we want to play at our best this season,” he stated.
And on the situation of Brozovic, whose current deal is set to expire at the end of June 2022, he stated, “We are working on renewals with Ausilio, this group deserves total reconfirmation. There are deadlines to be respected, they are part of our job.”
He concluded, “We are dealing with the issue in a calm way, we need to be focused on the season. There is a sense of responsibility and personal attachment on the part of the players. Everyone deserves financial reward for what they have shown.”