Inter will face a tough task in coming up against Liverpool in the Champions League this evening, partly due to the financial disparity between Serie A and the Premier League.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who note the differing levels of revenue and earning power that the Nerazzurri and the Reds enjoy in their respective domestic leagues.
The principle financial difference between Serie A and the Premier League concerns foreign broadcasting rights, with the Italian top flight bringing in around €220 million in broadcasting revenues from outside of Italy.
Meanwhile, the Premier League brings in very significant revenues from selling its broadcasting rights abroad, going all the way to €1.6 billion.
Inter’s own financial situation has been especially precarious in recent years due in part to the pandemic, with the club’s 2020-21 accounts recording a €246 million loss, a record one-year loss for an Italian club.
The situation is getting better at the Nerazzurri, with owners Suning enjoying some success with their aims of reducing costs at the club while still staying competitive and even improving on the pitch.
Of the €246 million from last year’s accounts, €70 million will not be incurred in this set of accounts, while the club also made the major sales of Achraf Hakimi and Romelu Lukaku which brought significant cash into their coffers.
This, combined with the fact that stadium revenues after pandemic restrictions means that the Nerazurri look to be on more solid financial footing than they have even just a year ago.
However, the gulf compared to the financial might of major Premier League teams such as Champions League opponents Liverpool is still very significant, and this owes much to the disparity in revenues between the two leagues.