The COVID-19 pandemic will cause Inter to lose a sum of no less than €80 million this season, according to an Italian media report today.

In today’s print edition, Corriere della Sera highlight that stadiums being closed will cost the Nerazzurri €60 million in ticket revenue, while another €20 million will be lost from reduced sponsorship money and commercial visibility.

Inter’s board of directors held an emergency meeting yesterday to discuss the club’s precarious economic position, with reports in today’s newspapers predicting they will post an even bigger loss this season than the €102 million deficit posted in the 2019-20 financial year.

They released a statement via news agency Ansa after the meeting, pledging the board’s support to guarantee the stability of the club moving forward.

CdS’s report also highlighted a rare piece of good news for Inter on the economic front, regarding the club’s requirement to pay their players’ salaries for the months of November and December.

Due to the pandemic, Serie A clubs are only required to pay the after-tax wage figures at present, with the tax component to be paid in 24 installments starting from May.

Therefore, Inter will only have to pay half of the €30 million gross salaries due for November and December.

This has changed Inter’s stance regarding the request made by several club presidents to postpone the deadline of payments due for the last two months, having initially been in support of the move to delay the 16 February deadline.

But the deadline could be pushed back anyway, because there may be other clubs who are unable to fulfill their economic obligations to players, even though they only need to pay net salaries.

The report goes on to conclude that potential investors BC Partners are continuing to carry out the due diligence process of Inter’s accounts and this process should be completed at the end of January or the start of February.