Inter Corporate CEO Alessandro Antonello feels that while there is still a lot of work to be done, the financial trends at the Nerazzurri are positive.
Speaking at the club’s annual shareholders’ meeting, via the Nerazzurri’s official site, Antonello stressed the importance of the financial improvements made in the fiscal year just gone, and also the long-term vision for further growth.
Inter still recorded major losses during the 2021-22 fiscal year.
Total losses of around €140 million look like a large amount, but they are a significant improvement from the losses of the prior fiscal year, which were well over €200 million.
Antonello was keen to stress that the trend that this shows is a positive one.
The Nerazzurri are still exiting a period of great financial difficulties which was precipitated by the economic shock of the pandemic.
However, in the view of Antonello, the path is there for Inter to navigate the long and tricky road ahead.
“The results from the 2021/22 financial year show a return to more positive trends,” the Corporate CEO said.
“We have seen record turnover this year after the previous one in the 2018/19 season along with a significant drop in losses.”
He went on that “We have got back on the right track, but the road ahead of us is still long and challenging.”
“As always, our goal is to combine the highest level of sporting competitiveness with financial sustainability.”
“Consolidating the club’s sources of revenue has to be achieved not only by enhancing and expanding the Nerazzurri brand, which entails offering more personalised and exclusive experiences for fans around the world as well as speaking the language of younger generations, but also and above all by investing in infrastructure, the most significant of which is the new stadium project.”
