If we were a feeder club would we still have bastoni etc? Sure we sold Hakimi and Lukaku when we didn't really want to, but the price for both was insane and I dont think they'll either get back to that price/quality in their careers, so it's not really regretted sale?
Does the fact that we sold Ronaldo and Crespo make us a feeder club too?
Inter is an end boss, Inter doesn't sell.The best clubs in terms of selling Players i know are Portuguese clubs, Netherlands clubs, Germans clubs, Southampton, and Atalanta (since Percassi).
I'm sorry but Inter achieved nothing in term of selling Players, compared to them.
We found a local sponsor? Color me surprisedNew sponsor for naming rights at Appiano now that Suning are gone. There's an agreement with BPER bank that will bring 3m.
Uneducated, lol tell me again how this works?Yeah no shit. Default was never ever even close to being a realistic possibility, despite what the media and uneducated fans fell for.
Last year - for the first time ever - the MAJORITY of our losses were because of financing. Note, not all of the losses - without bonds and loans we'd still be losing money, but the result would be just less bad.Inter Bond
Anyone qualified in this group to explain how this bond of 415M that apparently expires in 2027 is any different from the loan we had towards Oaktree that expired now?
Are there different terms on a bond compared to this loan? Implications of paying not paying it ?
I would be curious to understand how much of our P&L is made of loans and credits and how much of the costs we can actually sustain based on our revenues
WHat brehme and H said..Inter Bond
Anyone qualified in this group to explain how this bond of 415M that apparently expires in 2027 is any different from the loan we had towards Oaktree that expired now?
Are there different terms on a bond compared to this loan? Implications of paying not paying it ?
I would be curious to understand how much of our P&L is made of loans and credits and how much of the costs we can actually sustain based on our revenues
If I were oaktree, I'd pay off the loan. It's an EBIDTA impact that will improve the valuation of the club and therefore how much money they get back in a sale, so it makes sense for a PE to do (in a double dip fashion, as well. You knock off 415m of debt so it directly impacts enterprise value by +415m, and then you knock off the interest payments of lets say 25m a year which, x10, is another 250m of valuation impact as well)WHat brehme and H said..
Not paying the bonds back would put us into bankruptcy think Parma back in the early 2000s... Of course there is some leeway as to how short we d fall and one can always negotiate with creditors but basically bankruptcy would be the consequence as these bonds are held by Inter and not the owners of inter like the oaktree loan was.
H. s number on breakeven are probably correct i d add that this season with the removal of the suning(oaktree) loan cost with the increase of the sponsorship money and with the club WC we should break even with our current debt load.
Also should be easier for us to refinance these 415mio then it was to refinance the oaktree loan keep in mind that we raised these 415 to refinance a 375 mio bond that came due that year....
My guess wuld be that oaktree wants to lower the debt slightly but i d guess we ll refinance it.