Suning are going to find it very difficult to remain Inter’s owners given the club’s financial problems, a report in the Italian media warned today.
Corriere dello Sport’s print edition said reports regarding the Nerazzurri’s majority shareholders were fragmented and incomplete, as always when dealing with China.
But with Inter in debt for €135 million and with a deficit of €160 million even in the best-case scenario, they argued Suning would have to be considering selling the club.
Suning are reportedly looking to take a loan from Goldman Sachs in order to cover Inter’s costs for the next few months.
Inter have around €390-400 million available in cash at the moment, the Rome-based paper explained, which could be used to pay off their debt (thought to be around the same figure).
However, this figure does not include the payments Inter must complete on the transfer market, which totals around €135 million.
Inter are due to pay another €50.5 million to Manchester United for Romelu Lukaku’s fee, for instance, along with €26.4 million to Cagliari for Nicolo Barella and €21.2 million to Sassuolo for Stefano Sensi.
It will be difficult for the club to respect these payments without external support, the report added, even if Conte led Inter to the Scudetto with a new main shirt sponsor and fans returning to San Siro.
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