Inter Have €264M Cash In Hand & Are Safe From Economic Turmoil For Next Two Seasons, Italian Media Report

TURIN, ITALY - MARCH 18: FC Internazionale board member Steven Zhang Kangyang looks on prior to he Serie A match between FC Torino and FC Internazionale at Stadio Olimpico di Torino on March 18, 2017 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)

Inter are safe from reaching a point of economic turmoil for at least the next two seasons due to the availability of cash to the club, according to a report in the Italian media.

As has been reported by Calcio e Finanza, experts in football finance, the information became clear during the club’s roadshow with investors for the new €415 million bond.

An executive from Goldman Sachs explained that there is approximately €264 million of cash on hand to cover any major financial requirement over the next two seasons.

Of that figure, €133 million was already in the Inter coffers as of 31 December 2021 whilst the remaining amount refers to the liquidity in the Luxembourg Grand Tower that Suning uses to control the club.

This news further emphasises the feeling of financial calm that Suning wants to create around the club and shows the improvements that have been made since last summer when players had to be asked to cut their wages.