Inter's Financial Situation

[pier]

31m euro for Bastoni? Our business deal with Atalanta getting more fishy

 

[Delicate]

Well, apparently Zhangs are doing and will continue doing business with Percassi, Atalanta's owner. Somewhere in real estate. So yeah, there can be sth behind this.

 

[Dylan]

It's just greasing the wheels for the Barow deal down the line.

 

[Sassuolu]

What's all this hype with Barrow? Never noticed him but tbh I don't have time to watch anyone other than Inter.

 

[n4l]

Everybody is just always looking for the "next" to-be-great talent.

 

[ADRossi]

What's all this hype with Barrow? Never noticed him but tbh I don't have time to watch anyone other than Inter.

Isn't he the guy who created about six chances against us in Bergamo last year and couldn't convert any of them?

 

[qb4ever_2k]

Isn't he the guy who created about six chances against us in Bergamo last year and couldn't convert any of them?

My impression as well, at time I even thought we purposely let him free for easy turnover

 

[n4l]

My impression as well, at time I even thought we purposely let him free for easy turnover

 

[DARi0]

Inter receive €100M in revenues from Suning and its four partners

Inter, after announcing Steven Zhang as the club’s youngest president, think about the future, one that is closely linked to Chinese sponsors. About €100M euros of the current revenues come from the homeland of Suning.

“This sum guaranteed by Suning is due to its naming rights of Pinetina and other brand sales related to training plus four other companies: Beijing Yixinshijie, King Dawn Investments (also known as King Mother), Beijing Media Advertising and Fullshare Holdings. The latter company paid an initial signing fee of €3.25M to Inter and will pay €10M annually until June 30, 2020. Fullshare Holdings, which is headquartered in Nanjing and is registered in Hong Kong and the Cayman Islands, has China Huarong as its second shareholder. This is the bank that was linked to the controversial acquisition of Milan by Yonghong Li.

“China Huarong (ended up under the magnifying glass of Beijing authorities last spring) controls almost 20% of Fullshare Holdings. The majority shareholder with almost 50% is Chinese billionaire Ji Changqun. The company on its homepage defines itself as the Official Educational Partner of Inter.”

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Suning is here for the long haul, with the goal of bringing Inter to the peak of European football. In order for that to happen, the club must get rid of the narrowest bridge of it all: the UEFA FFP. This goal, fortunately, could be very soon on the horizon according to analysis of Ultimo Uomo (site owned by Sky).

“Every worry from the financial point of view is unfounded: as long as Suning remains in command of Inter, and the appointment of Steven Zhang as president seems to confirm this, the club rests on solid foundations that do not put it at risk its business continuity.”

Money collected from the Champions League - “In the meantime, thanks to the return to the Champions League, together with results obtained and stadium revenues, all factors will increase revenues of 2018-2019 season by at least €55M.”

So the question is, when will Inter be able to leave the Settlement Agreement with UEFA?

“Inter, given the results obtained, should leave UEFA restrictions imposed by Settlement Agreement during this season and next summer, the team should not be forced to do the mad rush to make capital gains.”

 

[.h.]

actually, if you look at it many of the agreements are 2/3 years only. I'm cocnerned there is a deliberate effort to have short term agreements tbh - they're clearly doing it so if they ever do want to leave they arent locked in to huge financial commitments.

 

[Delicate]

The Chinese sponsors are definitely dependent on Suning's intentions towards this club, whether they want to be here long-term or jump ship in 4-5 years.

At the same time, better to have short-term partners who can be later replaced by others who can bring more cash to the club (theoretically, in 2-3 years we will have much better brand awareness and penetration to the global market if we sign top and marketable players so new sponsors from Europe and US can come onboard) than bullshit 10-year Nike agreement which brings us 20mln EUR per year if we reach CL or win Scudetto, otherwise it is 4-11 mln annually. I am a bit concerned that all the major cash inflow comes from China but what you can expect with Chinese owners? Hopefully, in 5 years this club would be self-sustained and very popular globally so that potential buyers and sponsors will be attracted to this club if Jindong and Steven suddenly become estranged from the club for whatever reason. That scenario is highly unlikely.

I am more concerned with the fact of potential income cap from China, have we already reached it or not? With new apparel and main sponsor deals (Pirelli-Nike) we can safely get at least 30-40 mln more plus 20-30 from new Suning naming rights contract if we manage to do that in couple of years. But what about China? Do those Lvmamas and Fullshares get something back from their investments? And if they do, how much more the Chinese companies (or Suning's partners) can inject into the club? I think that European and US markets should be penetrated more.

 

[.h.]

i'm not aware of an income cap per se from china - but we do have a 'related parties' income limit. That being said, I believe many of our chinese sponsors arent related to Suning per se.

 

[Delicate]

i'm not aware of an income cap per se from china - but we do have a 'related parties' income limit. That being said, I believe many of our chinese sponsors arent related to Suning per se.

Stumbled upon this info a couple of years ago:

Under the updated regulations, any entity that, alone or in aggregate together with other entities which are linked to the same owner or government, represent more than 30% of the club's total revenues is automatically considered a related party.

That's one of the FFP's nitty-gritty stuff. Does that mean that Chinese revenues cannot exceed one-third of our total revenues (hence around 120 mln) or I am just unable to claw my way through juridicial nuances of FFP regulations?

 

[.h.]

hm, i would assume the government part is - i.e. the dubai government, rather than you cant get more than 30% of sponsorship from a country. It's because you get like Dubai tourism board sponsoring clubs, etc.

 

[chipschups]

Fuck ffp, do they shit first to psg and city.

- - - Updated - - -

Fuck ffp, do they shit first to psg and city.

 

[Delicate]

Looks like we will have 2 new partners from China.

https://www.fcinternews.it/in-primo...e-nuovi-partner-china-unicom-e-philips-291985

See pictures of our stand at Shanghai Expo. Among our partners there are Philips and China Unicom. Damn, Suning is really good.

 

[J..]

Philips, as the historical Dutch company or a Chinese company with the same name?

 

[Delicate]

The logo is Philips's. I guess it is Philips Greater China, the subsidiary which is actually located in Shanghai.

China Unicom is one of the world's largest telecommunications companies, so again we are getting some high-profile partners.

 

[PHM1605]

Read that Real Madrid about to sign a ten-year contract with Adidas at 1.1 billion (i.e. 110m per year)

A bit jealous man. I know Real is a bigger club than us but didn't we get...3.75m from Nike last season? Even with CL this season I doubt it even exceeds 10% of what Real would get. And it lasts...SIX more years as someone posted before.

 

[Delicate]

Yes,till 2024. It is 20m max if you are in CL.

Napoli are going to switch to Adidas next year. I wonder how much they would pay them.