Inter's Financial Situation

Nerazzurri_Ninja

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Sure, but theres no way they're going to have 3 teams aiming for CL. It just doesnt make sense. Isak is for sale - does he go to Newcastle or Inter? (for example)
Just reporting what i read a while back when they were first interested in Inter for 1b

I think it is up to the player where they go, certain players just dont feel comfortable in England, Italy or France despite CL or payday
 

DARi0

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GdS: Inter will announce losses of €130-140m for 2021-22
The club’s board meeting will take place on Wednesday in the presence of President Steven Zhang, who Curva Nord’s ultras have heavily criticised over the last few days.

According to Gazzetta, the Nerazzurri will announce a loss of €130-140m, slightly more than the club expected, circa €120m.

However, Inter have still improved their financial situation as they had lost €254m in the previous financial year.

During Inter’s board in two days, Zhang is not expected to give any update on the future of the Nerazzurri amid rumours that Suning are looking for potential buyers interested in acquiring a majority stake in the club.

There could be more updates on this front at the end of October during Inter’s shareholders’ meeting.
#showmethemoney
 

Jane The Virgin

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Where can we see at what area Inter loses money the most?

Year after year we keep lowering the salaries, cutting off expensive players, missing on deals because of high salary demand.

And yet year after year we are losing money. Where do we lose the most? How much do we lose on the women's team? There must be some available data, or some sort of transparency. Can the board just throw numbers without being asked?
 

.h.

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Bro all of our financial reports are public, look on the investors relation section on the website and you can compute it all yourself. They'll show breakdown of wages, amortisation, etc.

You might not find the granularity eg women's team vs men's team you're looking for but you'll see the overall trends in amortisation wages etc. You'll find 2020 a big impact because of deferred income, 21 we took a lot of depreciations on e.g. players and unpaid sponsorship. I guess 22 is probably largely driven by depreciations of unpaid sponsorship as well
 

ADRossi

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Bro all of our financial reports are public, look on the investors relation section on the website and you can compute it all yourself. They'll show breakdown of wages, amortisation, etc.

You might not find the granularity eg women's team vs men's team you're looking for but you'll see the overall trends in amortisation wages etc. You'll find 2020 a big impact because of deferred income, 21 we took a lot of depreciations on e.g. players and unpaid sponsorship. I guess 22 is probably largely driven by depreciations of unpaid sponsorship as well
Add in golden handshakes to Conte, terminated commercial sponsorships, and the stadiums being half closed for the fiscal year.

We should get the detailed financial report on Friday.
 

Corrode

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this is strange when a business owner owns and invest a heavy-cost business (inter players salaries are the highest in serie a, thanks to old players we love to signed) and somehow, the owner itself refuse to fund and support that business in any case. isn't that money laundering?
 

.h.

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...no, that is nothing to do with money laundering...
 

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this is strange when a business owner owns and invest a heavy-cost business (inter players salaries are the highest in serie a, thanks to old players we love to signed) and somehow, the owner itself refuse to fund and support that business in any case. isn't that money laundering?
Business owner investing a heavy-cost business = owner is funding the supporting the business

Zhangs haven't put in their own money for quite some time. Inter have refinanced the bond (ie. hundreds of millions) thus they use that for the costs + Zhangs took a loan from Oaktree and they've injected some of that money to Inter AFAIK.
 

.h.

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In fairness, even over the last couple of years, Zhang was still down d2e conversions in the business. I dont know if we've done any since Jan 2021, but the bigger point, as far as I know, is correct that there are no new capitalisation injections in the same way Juve/Milan get, and our current spending is debt fuelled.

Where they are able to support, they do - like I said, d2e conversions.
 

brehme1989

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this is strange when a business owner owns and invest a heavy-cost business (inter players salaries are the highest in serie a, thanks to old players we love to signed) and somehow, the owner itself refuse to fund and support that business in any case. isn't that money laundering?
No
 

Capo

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d2e conversions in the business.

D2E?

Sooner or later debt needs to be repaid - Therefore the merry-go-round trying to find a buyer / investor. Suning do not have the capital and will default. What i dont understand will be implications of this under Oaktree and where this will influence the Stadia/Transfer deals in the near future.
 

.h.

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D2E?

Sooner or later debt needs to be repaid - Therefore the merry-go-round trying to find a buyer / investor. Suning do not have the capital and will default. What i dont understand will be implications of this under Oaktree and where this will influence the Stadia/Transfer deals in the near future.
Debt to equity. Which means the debt doesn't need to be repaid (at least the debts we own Suning).
 

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Oaktree loaned 275m to Zhangs. If Zhangs don't pay it back, Oaktree gets Inter or majority of it I believe. Due date is in 2024 spring. However Zhangs haven't poured all that money to Inter, but only some. It's like an emergency liquidity stash for Inter, that's my understanding.
 

.h.

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Yup, last I saw a lot of that cash was sat on our balance sheet.
 

Capo

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Debt to equity. Which means the debt doesn't need to be repaid (at least the debts we own Suning).
I thought that what you meant.

Acronyms will start WW3 one day.
 

.h.

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yeah, sorry, was on my phone so i didnt want to type it out. my apologies
 

.h.

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excellent news if true
 

Corrode

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isn't real to happen unless they should extend Skriniar soon at Inter
 
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