As the January transfer window approaches, Inter Milan have a chance to strengthen their grip on the Serie A title race as well as boost their chances of Champions League glory.
With the winter market offering a chance to fine-tune their squad, the Nerazzurri may be considering ambitious moves for Federico Chiesa and Jonathan David.
All while Oaktree Capital’s financial oversight ensures any winter spending aligns with the club’s long-term sustainability goals.
Inter Milan has spent a relatively modest amount over the last two transfer windows. With a net spend considered “low” compared to other Serie A clubs.
Likely due to a focus on selling players to balance the books. They are estimated to have net spent just €15 million across the last two windows.
This isn’t about penny-pinching, but about smart, calculated investments that promise maximum return.
The transfer market demands both shrewdness and caution, and Inter’s management understands this delicate balance.
They recognize that success isn’t measured by the money spent, and big players acquisitions but by the value created on the pitch.
How Inter Milan Directors Master Fine Art Of Squad Management With Aim To Win The Champions League
One of the most critical aspects of Inter’s strategy involves carefully managing their current roster. The club has identified that to bring in new talent, they must first create space.
This means potentially moving one or two forwards to free up both financial resources and squad positions.
It’s a chess-like approach to squad building, where every move is calculated and purposeful.
Midfield Reinforcements: The Samuele Ricci Negotiations
A prime example of Inter’s strategic approach is the ongoing negotiations for Samuele Ricci from Torino.
Beppe Marotta, Inter’s Chairman, has been actively engaging with Torino’s management.
The negotiations are complex and multifaceted, involving not just a potential transfer fee but also the potential inclusion of other players.
The current proposal stands at €15 million plus the entire contract of Aslani, a player who has caught the eye of Torino’s management.
Vanoli, a key decision-maker, seems particularly interested in Asllani, which adds an intriguing layer to the potential deal.
This approach demonstrates Inter’s sophisticated transfer strategy – it’s not just about money, but about creating value for both clubs.
Attacking Reinforcements: The Priority For Inter Milan Given Champions League Ambitions?
The forward line is potentially Inter’s primary focus. Lautaro Martinez and Mehdi Taremi have shown inconsistent form.
This could prompt an active search for fresh attacking talent. Several intriguing possibilities have emerged.
Federico Chiesa represents a potentially transformative acquisition. At 27, he brings experience and potential.
Liverpool’s asking price of €12 million, coupled with Inter’s preference for an 18-month loan, indicates a carefully considered approach that minimizes financial risk while maximizing potential impact.
Chiesa is an extraordinary player that did not perform at his highest potential at Juventus.
However, that can galvanize Inter and bring the team to new heights.
Jonathan David offers another exciting prospect. Despite early speculation about his Barcelona allegiance, the striker is could join Inter as early as June with a three-year contract at €6 million per season net.
This signing demonstrates the club’s ability to secure promising talent with strategic financial planning.
Strategic Defensive Targets
Beyond the attack, Inter has set its sights on two exceptional defensive talents that could reshape the team’s tactical approach.
Jeremie Frimpong stands out as a particularly exciting prospect. The Bayer Leverkusen wing-back has been instrumental in the team’s historic Bundesliga triumph.
With an estimated value of €40-50 million, he represents more than just a player. He’s a potential game-changer whose versatility could redefine Inter’s tactical flexibility.
Nathan Collins from Brentford presents another compelling option. The Irish defender has distinguished himself as one of the Premier League’s most robust and technically accomplished center-backs.
Valued between €35-45 million, Collins embodies the type of strategic acquisition that could solidify Inter’s defensive lineup for years to come.
The Oaktree Capital Approach
The investment fund’s strategy is refreshingly methodical. They prioritize young, high-potential players while maintaining strict Financial Fair Play compliance.
Their approach avoids high-risk, expensive transfers, focusing instead on building a sustainable, competitive squad infrastructure.
To keep everything in perspective, lets take a look at the salaries spent by Serie A teams. The total figure for wages over the 20 Serie A clubs for the 2024-2025 season is €1.06 billion.
Inter wins the price as the highest spender with a current wage structure of €143 million gross. Juventus is second with €112 million and Napoli, the league’s leaders, came in 5th place with €83 million.
Inter Milan is among the top 15 clubs in the world in terms of highest wage bills.
Therefore, with this in mind, every decision that Inter makes, is carefully weighed to balance competitive ambition with financial responsibility.
It’s a delicate balance that requires Oaktree Capital strategic thinking and an understanding of both football and financial dynamics.
The Competitive Challenge Inter Milan Face On & Off The Pitch To Attain Champions League Glory
The transfer market is very competitive, and the same European leading teams are competing for the same talent.
The club must not only compete on price but also persuade top-tier players that joining Inter offers a pathway to sustained success.
By offering both competitive wages and a clear vision of long-term ambition, Inter can secure key signings without resorting to overspending, gaining an edge over rivals in the process.
The upcoming transfer windows are crucial for Inter Milan. While the desire for immediate reinforcements is strong, the club remains committed to a measured, strategic path.
The goal is clear: enhance squad competitiveness without compromising financial stability. This isn’t just about buying players – it’s about building a convincing future for both the players and the market.
Inter Milan is writing a new chapter of strategic excellence, one transfer at a time.
By: Andrea Zanon
Andrea Zanon is the co-founder of Confidente. He is an international advisor who has worked for financial institutions and entrepreneurs on sustainability, international affairs and development.