Inter's Financial Situation

[JJM]

 

[Pimpin]

this is one of the most vague, fundamentally bullshit, sad excuse of economics ive ever read

 

[DARi0]

Inter must raise €40m

Inter must raise €40m in player sales by June 30 if they’re to meet their Financial Fair Play obligations, according to reports.

The Nerazzurri have been operating under FFP restrictions since 2015-16, but were only “partially compliant” over the three year plan and are still being monitored by UEFA.

In order to break even, reports today’s Corriere dello Sport, they will have to make €40m worth of sales before the reporting period ends on June 30.

The first player who must be sold is Gabriel Barbosa, who has been loaned back to Santos until January.

On December 31 his value on the books will be €16.8m, so the Beneamata can’t sell him to the Brazilian club for any less than that or they’ll incur a loss on the balance sheet.

It’s therefore possible that the loan will be extended until June 30, when his value will be around €14m, with an obligation to buy.

Joao Mario will leave in January, with Inter looking to bring in his book value of €18.1m so they can break even or make a small profit.

It’s likely they’ll do a deal based on a loan with an obligation to buy set at €18m.

Dalbert has been involved in Luciano Spalletti’s squad at the beginning of the season, but if he fails to hold down a place in the side he could also be sold.

Given he arrived for €20m last summer, he must be sold for at least €14m.

 

[Demokritos]

Inter must raise €40m

Inter must raise €40m in player sales by June 30 if they’re to meet their Financial Fair Play obligations, according to reports.

The Nerazzurri have been operating under FFP restrictions since 2015-16, but were only “partially compliant” over the three year plan and are still being monitored by UEFA.

In order to break even, reports today’s Corriere dello Sport, they will have to make €40m worth of sales before the reporting period ends on June 30.

The first player who must be sold is Gabriel Barbosa, who has been loaned back to Santos until January.

On December 31 his value on the books will be €16.8m, so the Beneamata can’t sell him to the Brazilian club for any less than that or they’ll incur a loss on the balance sheet.

It’s therefore possible that the loan will be extended until June 30, when his value will be around €14m, with an obligation to buy.

Joao Mario will leave in January, with Inter looking to bring in his book value of €18.1m so they can break even or make a small profit.

It’s likely they’ll do a deal based on a loan with an obligation to buy set at €18m.

Dalbert has been involved in Luciano Spalletti’s squad at the beginning of the season, but if he fails to hold down a place in the side he could also be sold.

Given he arrived for €20m last summer, he must be sold for at least €14m.

Jesus, this FFP shit never ends...

 

[Il Drago]

Inter must raise €40m

Inter must raise €40m in player sales by June 30 if they’re to meet their Financial Fair Play obligations, according to reports.

The Nerazzurri have been operating under FFP restrictions since 2015-16, but were only “partially compliant” over the three year plan and are still being monitored by UEFA.

In order to break even, reports today’s Corriere dello Sport, they will have to make €40m worth of sales before the reporting period ends on June 30.

The first player who must be sold is Gabriel Barbosa, who has been loaned back to Santos until January.

On December 31 his value on the books will be €16.8m, so the Beneamata can’t sell him to the Brazilian club for any less than that or they’ll incur a loss on the balance sheet.

It’s therefore possible that the loan will be extended until June 30, when his value will be around €14m, with an obligation to buy.

Joao Mario will leave in January, with Inter looking to bring in his book value of €18.1m so they can break even or make a small profit.

It’s likely they’ll do a deal based on a loan with an obligation to buy set at €18m.

Dalbert has been involved in Luciano Spalletti’s squad at the beginning of the season, but if he fails to hold down a place in the side he could also be sold.

Given he arrived for €20m last summer, he must be sold for at least €14m.

Here we go again... So no matter how our loanees perform we'll have a Rafinha and Cancelo situation all over again. I can't see us redeeming more than one of Politano, Vrsaljko and Keita at best. My money's on Politano.

 

[ScottishInterista]

Not this shit again. Do we still have any youth to pawn off?

 

[Wobblz]

We ship both Barbosa and J. Mario for 20M each - voila. Problem solved.

 

[brehme1989]

40m in cash without an accounting loss or 40m in profit? That article is rather vague about it.

- - - Updated - - -

We ship both Barbosa and J. Mario for 20M each - voila. Problem solved.

Problem with that is that there's no one to sign the reception of these packages.

 

[chipschups]

That bullshit

 

[YoramG]

Ah fuck off.

UEFA are being pedantic cunts if that report is true. Our net spend was fucking 0 this year. What more do they want?

 

[Wobblz]

Here's two interesting videos on FFP from Tifo Football.

 

[Il Drago]

Inter Shareholders Meeting Could Be Postponed

Inter’s board of directors meeting may be postponed for a few weeks to allow all the directors from China and Indonesia to take part according to a report from ANSA.

The meeting was scheduled to take place tomorrow and right at the top of the agenda is approving the finances with it understood that the Nerazzurri board are confident that they have complied with all the stipulations of their settlement agreement reached with UEFA for financial fair play purposes.

ANSA detail that Inter are expected to post a €18 million loss this year, €8 million better than last year’s budget that was €24 million in the red.

MI Stadio, the company who control San Siro alongside Inter, Milan and the Milan city council will also be discussed at the meeting whenever it will take place.

The meeting will take place within the next month and with current president Erick Thohir on the way out, the board members will take a vote on who they would like to succeed him with Steven Zhang the front runner for the gig.

 

[.h.]

24-8=18?

someone cant maths.

 

[Palacio]

24-8=18?

someone cant maths.

Are you questioning their credentials?

 

[Linege]

so, our revenue is 280 mil.

dont know what we can do, to be on even ground with top teams again ( 700 mil )

 

[Zeila]

Our revenue was 169 something when Suning took over lol. Last year it was 325mil including player sales and it's actually more this year as we grew revenue by 6%,, we just didn't include player sales as of now. It was predicted we wouldn't grow that much this year, but by this time next year we're probably closer to the 400th mark if not above it.
Good times ahead.

Edit: 179mil when Suning took over.

 

[.h.]

It's a multi year programme.. to competr at the top end we need to consistently be in the CL, we need to get new sponsorship deals from it, we need the Italian league as a whole to massively step up their game... a large number of things.

 

[brehme1989]

It's a multi year programme.. to competr at the top end we need to consistently be in the CL, we need to get new sponsorship deals from it, we need the Italian league as a whole to massively step up their game... a large number of things.

The biggest chance for this was Italy to bid for the 2024 Euro. Imo they'd win it, but obviously one cannot know that. Germany hosted a World Cup 12 years ago, Italy's last tournament was 28 years ago. Now the 2028 tournament is too far away to force the state to make some moves about stadiums. The 2030 World Cup is also too far away.

There is only one reason why Italy didn't go for it and a bunch of plausible excuses to go with it. The reason is that FIGC simply does not want this. Why? Because the status quo suits them just fine. Juventus is at the top, being the only club with a new stadium and they don't like the possibility of others following suit. They discover 'scandals' everywhere about other teams because in Italy there's already an obstacle to begin with and you have to go sideways to get what you deserve, which technically speaking is 'breaking the law'. But the law is broken as a whole anyway.

As for excuses? Too many.
1) Italian economy. It's easy to say things like "people are starving and we're throwing away money for stadiums and 1 month long tournaments 6 years from now". Reality is, it will add jobs, construction jobs for the stadiums and a general increase of jobs in the stadium surrounding areas. And it will also bring a long term flow of revenue through an elevated Serie A through tv money and even tourism as a by product.

2) Teams don't have money to build stadiums and the state is not willing to do it. Well, this can be argued, but you only need several venues of 30k or 40k + and teams are actually willing to build stadiums if they come to agreement with the council adn the government. Money is not the biggest issue for clubs, self-financing may be, but money on its own is not the issue.

3) There's the excuse that this is a general waste of money. This isn't the Olympics though where 3/4 of the stadiums aren't used domestically because those sports aren't popular enough. This is football and football still sells. And Italy needs new stadiums.

You usually need 9-10 stadiums. An Italian bid could have the following: A renovated (possibly club owned, hopefully Inter) San Siro to host the final, being over 65k in capacity, Juventus Stadium (40k), Roma's new stadium (50k+), Napoli's new or renovated stadium (35-40k+), Fiorentina's new or renovated stadium (30k+), a possible renovation at the Marassi in Genova (35k+), while the south could be represented through a renovated or new stadium in two of Palermo, Messina, Reggio Calabria or Bari. Bari has both the San Nicola and the della Vittoria that could be renovated or rebuilt for this purpose. The current sad state of the club doesn't mean much, they even had like 20k on average in Serie A. A new or renovated stadium in Verona (30-35k) would also be important geographically. And you would possibly have a second stadium in both Roma and Milano if you need a filler, while there's also Udinese's stadium, a potential new or renovated stadium in Bologna and the Del Mare of Lecce is a nice spot that also needs renovation.

Yes, Germany may look better at the moment or even as a potential host and have larger stadiums, but these things don't go to the objectively best case. And even if the bid failed, it would at least show that the FIGC and the Italian government aren't so corrupt and "backwards" when it comes to this.

 

[ScottishInterista]

Considering that Naples went bankrupt a month ago and it would most likely be the council who pays for the renovations I dont see it being too popular with the voters. Spain would have been better than Germany or Turkey imo. Either way i'd hate for us to have to wait up to six years for the renovations to happen. I'd hope the renovations happen before that

 

[brehme1989]

Spain would indeed be a good choice as well.

But what I'm saying is that this could be a direction for Italy to privatize stadiums. There's no better incentive.