Inter Are Financially Secure Despite Suffering Record-Breaking Losses, Italian Media Report

Inter Are Financially Secure Despite Suffering Record-Breaking Losses, Italian Media Report
October 3, 2021 21:00
( )

Inter look to be financially secure in the immediate future thanks to the €275 million loan from US fund Oaktree Capital and the anticipated refinancing of their bond to €400 million.

This according to today’s print edition of Milan-based newspaper Il Sole 24 Ore, who report that the Nerazzurri look to have steadied their financial situation from the deficit of €348 million over the past two years.

The Nerazzurri have experienced well-documented financial problems recently, with loss of revenue due to the pandemic as well as liquidity and debt issues at the parent company of owners Suning leading to the club running at a substantial loss.

The Nerazzurri had suffered losses of €245.6 million last year, which combined with the €102.4 million of the year prior paints a picture of serious difficulties, compounded by the ongoing setbacks faced by Suning in China.

However, the club have been working to secure themselves and steady their financial situation, with the €275 million loan from Oaktree having helped make up for losses, while the club are also working on refinancing their bond to €400 million alongside other management adjustments.

By Toni Weeler

Video – Lautaro Martinez Sends Message To Inter Fans: “Forza Inter”

October 29, 2021 02:30
( )

Inter striker Lautaro Martinez has filmed a short video of himself addressing the Inter fans having just signed his new contract with the club. The…

Ex-Inter Forward Alessandro Altobelli On Inter’s Scudetto Hopes: “So Far They Are Not On Par With AC Milan & Napoli”

October 29, 2021 00:30
( )

Former Inter striker Alessandro Altobelli has said that Inter are not on the same level as the two teams ahead of them in the table,…

Ex-Inter Defender Lele Adani On Alexis Sanchez Assist vs Empoli: “A Touch Of Absolute Class”

October 28, 2021 23:59
( )

Former Inter defender Lele Adani has praised Alexis Sanchez after his positive performance against Empoli on Wednesday night, according to a report in the Italian…

Two Of Inter’s Chinese Sponsors Cannot Pay The Money They Owe The Nerazzurri, Italian Media Report

October 28, 2021 23:30
( )

Two of Inter’s sponsors from China will not be able to pay their fees to the club in full this year as they are having…

Former Referee Luca Marelli On Empoli Penalty Claim: “The Complaints Are Because Of What Happened In Inter vs Juventus”

October 28, 2021 23:00
( )

Former referee Luca Marelli has played down the seriousness of Empoli’s potential penalty against Inter on Wednesday night in the Serie A match between the…

Inter Admit They Could Be Asked To Provide Extra Information To UEFA For FFP, Italian Media Report

October 28, 2021 22:30
( )

Inter have admitted that they may be forced to hand over additional information than normal to UEFA in relation to Financial Fair Play regulations, according…

Close

Subscribe

to our newsletter