Oaktree Capital are aiming to keep the improvements to the balance sheet up at the current rate as Inter Milan owners.

This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, via FCInterNews.

The Gazzetta report that Inter should record losses of around €40-50 million in their next set of accounts. That will be for the financial year ending at the end of June.

That will be an improvement from the losses of €85 million that Inter recorded for the financial year ending in June of last year.

And that had itself been an improvement from the €140 million losses in the previous set of accounts.

There is no doubt that the last few years have seen Inter’s financial situation improve.

And it has had to. The loss of revenues that resulted from the pandemic had plunged Inter into an out-and-out financial crisis.

So the losses that Inter are set to record for the next set of accounts will look comparatively minor.

There is still, however, work to do.

Oaktree Capital Aim To Continue Upward Trend In Inter Milan Balance Sheet

The financial year ending next June will be the first for Inter under the ownership of Oaktree.

And the Gazzetta report that the US-based fund could already be aiming to finish their first full financial year as Inter owners with a balance sheet containing no or minimal losses.

That will not come from drastic cost-cutting or player sales, however.

Rather, the new owners believe that they can increase revenues.

The revenues have gone up at Inter year on year for a few seasons now.

And particularly with the expansion of the Champions League format and participation in the Club World Cup, there will be the opportunity for another big jump.

Naturally, it would be an ambitious target for Inter not to record any losses in the accounts for the financial year ending next June.

But from Oaktree’s perspective, it is an attainable goal.

In any event, the Gazzetta report, the new Inter owners believe that the club can continue the positive financial trends.

The difference is night-and-day from the situation that saw the Nerazzurri absolutely hemorrhaging money in the wake of the pandemic.