Italian journalist Marco Bellinazzo believes the financial situation at Inter Milan isn’t as dire as some are portraying it while analyzing the club’s debts.

While some rang the alarm bells over the club’s gross debts, Bellinazzo explains why the status quo isn’t too grim.

The journalist underlines that what matters the most when analyzing a company’s finances is the net debt rather than the gross debt.

“Like Juve, Inter have a very large debt, around 800 million gross debt,” said Bellinazzo in his interview with TMW Radio via FcInter1908.

“But for accounting purposes, it’s the net debt that counts. This figure certainly needs to be reduced, but the net financial debt is much less than half [of the gross debt] for both clubs.

“It means that it is unduly high but manageable and compatible with the income that the club has. It remains within the UEFA parameters.”

Marco Bellinazzo Explains That Inter Milan Debts Remain Manageable And Compatible With UEFA Parameters

Il Sole 24 journalist also discussed the recently-abolished Growth Decree.

This regulation allowed Italian clubs to save 50% on salary taxes when signing players from abroad.

However, the Italian government recently scrapped it citing the importance of developing young Italian players rather rather buying foreign talent.

But as Bellinazzo argues, the government should have gradually abolished the decree instead of scrapping it in one fell swoop.

“It was a benefit that provided more advantages than disadvantages but had to be abolished, albeit gradually.

“Now, however, football must demand regulatory interventions to allow it to be more competitive.”

Many fear that scrapping the decree will make it even more difficult for Italian clubs to sign world-class talent.