From the €15 million in revenues from a main shirt sponsorship deal with Paramount+ to more than €70 million in capital gains recorded in the summer transfer window, there are optimistic signs for Inter Milan at the start of the 2023-24 fiscal year.

This is highlighted in today’s print edition of Milan-based newspaper Gazzetta dello Sport, via FCInterNews.

Inter’s board of directors approved the club’s financial statements for the most recent fiscal year ending in 2023.

The balance sheet improved, with losses down to just over €80 million, from a whopping €140 million.

This was an important reduction for the Nerazzurri. It allowed the club to meet the terms of their settlement agreement with UEFA.

Therefore, Inter will avoid any sporting or financial sanctions as a result of Financial Fair Play.

The club have officially announced that they fully expect that this will be the case.

That is enough for now. But not too far into the future, Inter will have to make further improvements financially speaking to meet new FFP regulations.

Big Capital Gains + Paramount+ Deal A Financial Boost For Inter Milan

Already in the next couple seasons, Inter will have to reduce their losses even more for the accompanying fiscal years.

And the Gazzetta note that there are a couple of positive early signs already.

One of those is the main shirt sponsorship deal with US-based streaming service Paramount+.

Last season, Inter did not earn close to what they expected to from shirt sponsorship revenues.

The reason for this was that their main shirt sponsor for the majority of last season, cryptocurrency company DigitalBits, were unable to pay amounts they owed amid major financial turmoil of their own.

That disastrous commercial partnership was the one real black mark on the 2022-23 fiscal year for Inter.

This time around, however, Inter would appear to have a more stable partnership. There is little reason to expect that the Nerazzurri won’t bring in the minimum €15 million from Paramount+.

Then, there is the matter of capital gains from the transfer market.

Inter’s summer saw the club more or less break even. The Nerazzurri recorded a small net profit, but it was not like in previous summers where the club had needed to meet ambitious financial targets.

But a big factor in Inter’s favour is the capital gains that they registered in the summer.

Big fees brought in for players like Andre Onana and Marcelo Brozovic were essentially pure capital gains.

Therefore, the Gazzetta notes, Inter recorded more than €70 million in capital gains during the summer.