I'm not saying he doesnt have leeway, but the financial parameters are dictated by the club.
I dont tihnk your view on what an investment fund will do is correct. Milan, for example, dont really have any sign of that? Their net spend last summer was 65m, for example. There are other issues at the club, imho, which are causing them to lose Donna/Hakan/etc - I think the evidence for this is that in fact all of these guys have signed at pretty much comparable salaries to what Milan were offering, so it wasnt financial.
It depends what you're expecting an investment fund to do. I think there are three obvious suggestions:
- "Add value" to Inter and then sell it for a major profit --- I think this is the most likely one, to get decent immediate return on capital and its lower risk. In this scenario, flipping players only makes sense if we get revenues in excess of the balance sheet (not book) value of the player, e.g. when we sold Lukaku that was in excess of what many of us thought would represent fair market value. There will be some reduction in costs - look at Milan as a great example - but the overall objective is to increase revenues from sponsorship, better performances, and reducing 'fat' in the costs (e.g. Vecino, Kolarov, Gags, etc etc etc)
- Create an "asset producing" factory e.g. feeder club, and look to monetise it. -- I think this is a risky proposition, ESPECIALLY at Inter - we have a poor track record with player development and we are paying high wages for, e.g., being in the CL. Some of our top players are on wages comparable to some of the best players (e.g. Van Dijk) in the Premiership. This massively diminishes the returns - you'd be better off going to Portugal for example.
- Sort out the stadium situation, get the construction started, and then sell - this is possible as well but I'd expect this more to align to someone with the political network in Italy, rather than an outside investor.