Inter Milan have announced revenue growth of circa 30% compared to last season in their half-year financial statement.
Despite the recent events that saw the club’s ownership changing hands from Suning to Oaktree, it still has been a positive season for the club both on the pitch and on the balance sheet.
The Nerazzurri have restored their status as a European elite in recent campaigns. They reached the final of the Champions League last term, and won the Serie A title by a landslide this time around.
These achievements certainly had a positive impact on the club’s finances.
The Nerazzurri have released their financial statement for the first three-quarters of the 2023/24 campaign. This covers the period between July 1st and March 31st.
As FcInterNews explains, the statement mentions an overall revenue growth of 30.3%.
In the first nine months of the 2023/24 campaign, Inter’s various income streams yielded a sum of 232,1 million euros. On the other hand, the club had registered a total of 178.1 million over the same period in the 2022/23 season.
Inter Milan Register Significant Revenue Growth In First Nine Months Of 2023/24 Campaign
Therefore, Inter’s total income soared by 54 million euros. The total increase is due to a growth in four various income streams.
The first relates to sponsorship revenues that rose by 56.7% thanks to an additional 20.9 million euros.
The second source of revenue that witnessed a boost is the various incomes generated from Serie A, including TV rights. This stream rose by €20.0 million (or +25.2%).
As for UEFA prize money, the increase was worth €13.6 million (or +25.2%).
Finally, shirt sponsorship surged by 8.2 million euros (+156.6%) to reach 13.4 million euros. This is mainly thanks to the main shirt sponsorship contract signed with Paramount
