By transactions I refer to capital gains/losses on transfers, not wages. Meaning that the operative business is actually not that shabby, even if we can’t afford huge net spend transfer windows regularly. Amortization is naturally high but it’s a non cash flow expense. The deep CL run helped out...
I don’t anticipate a need to inject that much capital to keep us afloat. Last FY was EBITDA positive before accounting for player transactions. It will likely stay that way with the new CL format.
He is playing as if afraid to make a fool of himself and ends up doing nothing. No glaring mistakes but doesn’t contribute enough. With that said I think he should play against Empoli and, hopefully, gain some confidence.
https://www.inter.it/media/downloads/2022/2022_10_28_12_32_40FC%20Inter%20Group_Consolidated%20Annual%20Financial%20Statements_FY%20ended%2030%20June%202022.pdf
I think it’s the same that you’ve shared before but yeah, you have to scroll around quite a bit to get all the details.
I had a quick look in the latest annual and this is what I could gather:
Salary players €152m
Salary coaches & technical staff €13m
Amortization players €101m
Agent fees €23m
So it’d add up to €289m for 21/22. €266m would be more comparable to pier’s numbers, but agent fees are also included...