Ahead of the Derby d’Italia between Inter and Juventus this evening, it has been revealed that the two clubs have posted losses of over €1 billion between them in the last three years.
As reported in today’s newspaper edition of La Gazzetta dello Sport, the two rivals have endured financial challenges since 2019, with the coronavirus pandemic amplifying the difficulties in generating revenue and being sustainable.
Juventus have recorded losses of €554 million over that period, whilst Inter’s comes in at €488m, for a combined total of €1.042b across the two clubs.
Meanwhile, the pair also endured the worst operating losses in the history of Italian football, with Juventus in the red to the tune of €254, in 2021-22, and Inter posting losses of €246m in the season before.
Whilst the pandemic is partially to blame, the newspaper argues that both clubs had been living beyond their means for some time prior to the worldwide effects of COVID-19.
