Inter's Financial Situation

[ADRossi]

Looks like a huge revenue increase last year (+75m). We need to wait to see some forecasts this year and also soke write downs eg socios

I mean, the huge increase in revenue is probably because stadiums had some capacity. Unlike 2020 where they were closed for a little under half the fixtures. Hardly a noteworthy event.

 

[Nerazzurri_Ninja]

really wish we would have been sold to a better owner by now

 

[.h.]

I mean, the huge increase in revenue is probably because stadiums had some capacity. Unlike 2020 where they were closed for a little under half the fixtures. Hardly a noteworthy event.

That's a fair point. Still useful to know though, helps to establish the baseline for our ongoing operating cost basis going fkrwards.

 

[YoramG]

Every time I open Twitter I half expect to see a video of Zhang running from IRS agents

 

[IM21]

https://twitter.com/i/web/status/1575173212883030016

 

[RickyMaravilla'sRightFoot]

Can’t come soon enough. We need a proper rebuild.

 

[CafeCordoba]

Are there some financial results available? Can't find them in inter.it

 

[.h.]

Not yet. K think I saw someone say it'd be out on friday

 

[CafeCordoba]

Also need to remember we didn't have full stadiums for the whole last season. We missed full capacity in matches like Inter-Juve and all the CL group stage home games. So that's extra few millions.

Of course this season a big problem is our main sponsorship if we aren't getting a dime from DigitalBits.

 

[CafeCordoba]

Gazzetta claims that by the end of October, we won't see DigitalBits in our shirts anymore.

 

[Harpsabu]

Gazzetta claims that by the end of October, we won't see DigitalBits in our shirts anymore.

Great, that's great for fans like me who spent £90 buying the fucking thing. What a shit show again

 

[Harpsabu]

excellent news if true

Can you explain the impact if we still have huge losses for last season? Are capital injections allowed in FFP?

 

[Corrode]

i suspect zhang/suning would earn more than 1- 1,2 bil dollars from sell the club if they can earn more profits in inter's annual financial report. it's their plan anyway.

 

[.h.]

Can you explain the impact if we still have huge losses for last season? Are capital injections allowed in FFP?

Not really, tbh. There are FFP changes which then restrict our spending to percentages of our revenues, rather than about losses, so capital injections AIUI are now less important than previously (e.g. they arent 'banned').

Need to see the books (and find the time to analyse) to understand our potential position for this season.

i suspect zhang/suning would earn more than 1- 1,2 bil dollars from sell the club if they can earn more profits in inter's annual financial report. it's their plan anyway.

No. Thats not how it works. For one, you'd be looking at things like net cashflow and EBITDA, not just a top level number. Capital injections would be separated out and arent part of operating cashflow reports anyway. No owner beyond anything maybe like a corner store grocery market would be fooled by something like that as disguised profit.

 

[Puma]

Gazzetta claims that by the end of October, we won't see DigitalBits in our shirts anymore.

A couple of months too late which is pretty much in line with what’s happening at the club.

 

[ADRossi]

Not yet. K think I saw someone say it'd be out on friday

Usually we don't publish full-year financial results until the last week of October. That's been the case the past 3 years.

 

[.h.]

ok thanks. dunno why, i saw someone suggest this friday but evidently not

 

[IM21]

Biasin saying Zhang is ready to sell the club.

 

[RickyMaravilla'sRightFoot]

Biasin saying Zhang is ready to sell the club.

Hope he’s as right about this as he was about us not getting Dybala.

 

[IM21]

https://twitter.com/i/web/status/1575618689142968320