The Inter Milan board of directors will meet on October 26th.
This according to Italian news outlet Calcio e Finanza, who report that the Nerazzurri directors will both approve of the club’s financial statements for the most recent fiscal year, and appoint a new director to the board.
Inter have already provisionally approved of their financial statements for the fiscal year ending in June 2023.
The club approved statements which record a total loss of around €85 million.
A key matter for Inter has been to ensure that financial losses fall within the limits allowed for by UEFA’s Financial Fair Play regulations.
The club have already successfully met the terms of their settlement agreement with European football’s governing body.
And now, the club have officially ratified a set of accounts that would see them fall within an acceptable range.
The €85 million in losses is down from €140 million that Inter recorded during the fiscal year of 2021-22. This is a significant improvement that sees the Nerazzurri comply with their settlement with UEFA.
Inter Milan Board Of Directors To Definitively Approve Financial Statements For 2022-23
According to Calcio e Finanza, one of the main topics for the next meeting of the board of directors will be to give definitive approval to the financial statements that have already been provisionally approved.
The other item on the agenda will be approving the appointment of a new director.
Calcio e Finanza report that the meeting will take place at around 4.30 CET on October 26th.
The board will be present at a meeting in Milano. Meanwhile, Nerazzurri President Steven Zhang will be present via video link.
Zhang remains in Nanjing and will not be in Italy for the meeting.
Therefore, as with at the most recent meeting, the President will be present via video link at the next board meeting.
