Financial Renaissance – Inter Milan Thrive Under Oaktree Management as Annual Balance Sheet Jumps From -€245m To +€35m

Alejandro Cano of North American company Oaktree Capital New Owners Of Inter Milan

MILAN, ITALY - MAY 22: (L-R) CEO Corporate FC Internazionale Alessandro Antonello, Oaktree's Global Opportunities strategy Managing Director Katherine Ralph, Managing Director and Co-Head of Europe for Oaktree's Global Opportunities strategy Alejandro Cano, CEO Sport FC Internazionale Giuseppe Marotta attend a meeting between FC Internazionale new owners Oaktree and Club's Management on May 22, 2024 in Milan, Italy. (Photo by Guido De Bortoli/Getty Images)

Serie A powerhouse Inter Milan wrapped up their first-ever profitable financial year on June 30, 2025, under the guidance of Oaktree.

According to Gazzetta dello Sport via FCInter1908, the Nerazzurri registered an impressive profit of €35.4 million.

Oaktree has turned Inter’s fortunes around since taking over from Suning in 2024, steering the club to financial stability.

Furthermore, Inter’s balance sheet has boomed, with debts slashed and revenue streams strengthened under the American ownership.

Oaktree Turns Inter Milan Fortunes Around

VERONA, ITALY – NOVEMBER 23: Giuseppe Marotta of FC Internazionale during the Serie A match between Verona and FC Internazionale at Stadio Marcantonio Bentegodi on November 23, 2024 in Verona, Italy. (Photo by Alessandro Sabattini/Getty Images)

For context, Inter Milan reported a loss of €245.6 million in the 2020/21 season.

However, this ominous trend has gradually improved since then.

Indeed, the numbers speak for themselves.

After a slight loss of €35.7 million in 2023/24, the Nerazzurri finally turned a profit last season.

Moreover, revenues soared to €552.6 million, largely thanks to Inter’s impressive results in the UEFA Champions League.

Then, the San Siro giants earned around €31.4 million from the FIFA Club World Cup in the summer.

Last but not least, thanks to bond financing, the club cut its debt from $415 million to $350 million.

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