Inter's Financial Situation

[Kev9Inter]

Just looks like FCInternews trying to challenge Corriere dello Sport and see who can write the most bullshit.

 

[Strale]

The despised and ridiculed Keeping XY player is the biggest signing this summer gaslighting tactic might be the very thing we hope to hear this time around..

I'm still hopeful though. No matter how much money they need to give up on to stay at Inter, they'll still die rich.

 

[Ajesh]

It will be tragic if this Winning Cycle has to end here because of this Financial reason. There has to be some fire if we see the smoke....

 

[Puma]

Right now, there is a distinct lack of movement and progress on many of of the outstanding matters that will allow us to prepare for next season. There has been no news on our main shirt sponsor, no word on whether we will have to start looking for a new coach and General manager come the end of the season which jeopardises our ability to plan for next season.

The only certainty we have right now is that the players are being asked to have payment of their wages deferred or their salaries reduced despite winning the Championship; Conte has not committed to us for next season; and the rumours regarding potential new buyers/partners have all but dried up.

None of the above are positive signs and it looks as though we are going to be stuck with Suning who can not afford to run the club.

 

[Il Drago]

FCInterNews isn't exactly reliable but anyway. We need to wait and see what's gonna happen. The media are probably exaggerating but the situation seems to be pretty bad and at least one big sale seems inevitable at this point. On the other hand, we're only getting positive vibes from the squad. Lukaku said he's very happy and he wants to stay. Eriksen said this is the best moment of his career and he wants to stay. Bastoni agent said all the players want to stay at Inter. Skriniar said yesterday he will definitely be at Inter next season. Lautaro says today he will stay at Inter next season with or without Conte. So the situation may not be as severe as the media are trying to make it look like.

I believe we will understand a lot about the future of the club from the decision Conte makes about his future. As things stand Inter is Conte's best option for many reasons but if he decides to leave then the situation must be severe. His stay isn't going to be a guarantee there will be no sales or the club will fight for the Scudetto next season but it will be a sign the squad will maintain a level of competitiveness.

 

[CafeCordoba]

Yeah, I still have a feeling this will be sorted in a good manner. Media is having a rampage on our financial situation. As if the wage cut proposal is something EXTRAORDINARY. Like browha has pointed out earlier, it has been done elsewhere. Permanent wage cut demand would be a bit too much IMO but if the proposal of 2 months salary cut for next season is real, I don't think that's unreasonable. I'm sure the least which will be done is they defer the payments of those 2 months salaries to few years back.

Media wants to have this narrative, they always want to find something shit to write about Inter. Apparently Suning hasn't secured the 250m€ loan and I have a feeling one condition for the loan might be to cut the costs a bit. When ti comes to the squad, like Il Drago points out, all the players talking to the media, are not doing anything else than praising and repeating their intention to stay. Conte should definitely take that paycut as a token of goodwill as that would definitely be an indication of the project going forward to the team also. Then they should start talking about his extension right away.

 

[javier_zanetti <3]

Lautaro:" Arrabbiati per il taglio degli stipendi?
VERAMENTE SIAMO MOLTO SERENI, siamo concentrati sul campo.
Mi è chiaro il momento che stiamo vivendo, parleremo con la società e troveremo una soluzione. Dobbiamo capire tutti assieme.”

There are no problems (for now).

 

[.h.]

I have to say, I dont think its unfair at all for us to cut 2 months salary. At the very least, deferral should be a non-issue (why do youy think the FIGC have timelines around when salaries must be paid anyway - helps clubs with cashflow).

I do feel nervous over the next few days, though, to be honest, but let's see where it goes.

So many people commenting on reddit like this isnt happening elsewhere. Real and Barca are trying to renegotiate contracts with 2-3 YEARS deferred payment interest free fucks sake. That's a far bigger story than this from Inter IMHO.

 

[CafeCordoba]

Bastoni (and Darmian + Ranocchia) agent:

Bastoni's agent "I feel responsible for my players (Ranocchia, Darmian and Bastoni, ndr) and I don't think such a cut is a due act. Clubs are private companies. When they make money they don't share the proceeds with the employees and when they make a loss, it's up to the ownership. I have heard and read that the Zhang family wanted to sell and that there was a fund ready to present an important offer. Did Suning want more? Legitimate because the club is theirs. Now, however, they cannot ask for money from the players who have done everything they should. Not only did they win the Scudetto, but they have already agreed to postpone the payment of monthly salaries both in 2019-20 and last November and December to avoid penalties in the standings. Such a request seems inappropriate and out of logic to me."

I understand the logic in this but I think this is a BIT different situation to a normal situation which he is describing here. When the company makes a loss, they kick the employees out if they can't pay them anymore. Does this guy's clients really want that? Our revenues have dropped drastically in one year's time. How usual global pandemics are for this guy?

I really don't like that these agents go out and start talking publicly about this case. I actually fucking hate it.

 

[.h.]

loads of companies outside of football made their staff take pay cuts. Lots of my friends had 20% pay cuts last year, bonuses put on halt, etc.

Footballers can go fuck themselves if they think they are special. Especially while the club they pay for is out approx 20% of its annual revenues.

 

[Il Drago]

Bastoni (and Darmian + Ranocchia) agent:

Bastoni's agent "I feel responsible for my players (Ranocchia, Darmian and Bastoni, ndr) and I don't think such a cut is a due act. Clubs are private companies. When they make money they don't share the proceeds with the employees and when they make a loss, it's up to the ownership. I have heard and read that the Zhang family wanted to sell and that there was a fund ready to present an important offer. Did Suning want more? Legitimate because the club is theirs. Now, however, they cannot ask for money from the players who have done everything they should. Not only did they win the Scudetto, but they have already agreed to postpone the payment of monthly salaries both in 2019-20 and last November and December to avoid penalties in the standings. Such a request seems inappropriate and out of logic to me."

I understand the logic in this but I think this is a BIT different situation to a normal situation which he is describing here. When the company makes a loss, they kick the employees out if they can't pay them anymore. Does this guy's clients really want that? Our revenues have dropped drastically in one year's time. How usual global pandemics are for this guy?

I really don't like that these agents go out and start talking publicly about this case. I actually fucking hate it.

He also is the agent of Eder which probably is another reason why he's so pissed with Suning.

 

[Universe]

But they are special.

Real and Barca are trying to renegotiate contracts with 2-3 YEARS deferred payment interest free fucks sake. That's a far bigger story than this from Inter IMHO.

Source?

 

[brehme1989]

They're not wrong though. The timing is awful. They didn't give a fuck about this last year, now they suddenly think they can ask for pay cuts? Come on, not right after winning a Scudetto. Do that after the CL elimination and they will all bow down and accept. Now? Come on, I wouldn't agree on that either. These guys were promised stuff upon winning the league and now that they've done it the club asks them to not only not receive that, but also reduce their salary?

Suning fucked up here, I don't see how anyone can honestly back them up currently in these dealings.

 

[.h.]

They're not wrong though. The timing is awful. They didn't give a fuck about this last year, now they suddenly think they can ask for pay cuts? Come on, not right after winning a Scudetto. Do that after the CL elimination and they will all bow down and accept. Now? Come on, I wouldn't agree on that either. These guys were promised stuff upon winning the league and now that they've done it the club asks them to not only not receive that, but also reduce their salary?

Suning fucked up here, I don't see how anyone can honestly back them up currently in these dealings.

I think the timing does suck a bit, but actually, to your point, we didnt ask the players to sacrifice ANYTHING last year. Juve unilaterally cut 3 months of pay for the players (unknown if that was deferred or cancelled).

As far as anyone knows, the scudetto bonuses have been or at least will be paid. I dont think there's any contention on those.

But they are special.



Source?

https://www.bbc.com/sport/football/55723420

Balague as well so its legit.

 

[CafeCordoba]

They're not wrong though. The timing is awful. They didn't give a fuck about this last year, now they suddenly think they can ask for pay cuts? Come on, not right after winning a Scudetto. Do that after the CL elimination and they will all bow down and accept. Now? Come on, I wouldn't agree on that either. These guys were promised stuff upon winning the league and now that they've done it the club asks them to not only not receive that, but also reduce their salary?

Suning fucked up here, I don't see how anyone can honestly back them up currently in these dealings.

Yeah that is true that the timing is fucking terrible.

All the celebrations, Zhang coming from China, celebrates with the team. Then the next day, btw "can you reduce your salary?" Timing is indeed terrible.

But still, do these guys think they are in some bubble? COVID affected the football world too. This agent talking about if companies make losses, the owners cover up the losses. Yeah, but they also kick out the employees they can't pay to anymore. So does his clients really want that? Does Bastoni want to move to England now? Where Darmian will get his current contract?

I don't like this public stunt at all. Do this privately with the club. Not always this public fiasco.

 

[bubba zanetti]

Every time Inter achieve something, financial shit fucks this club.

 

[brehme1989]

I don't think the agent's really the "other side" of the argument here. No need to defend his word against what Suning is doing.

 

[.h.]

Yeah that is true that the timing is fucking terrible.

All the celebrations, Zhang coming from China, celebrates with the team. Then the next day, btw "can you reduce your salary?" Timing is indeed terrible.

But still, do these guys think they are in some bubble? COVID affected the football world too. This agent talking about if companies make losses, the owners cover up the losses. Yeah, but they also kick out the employees they can't pay to anymore. So does his clients really want that? Does Bastoni want to move to England now? Where Darmian will get his current contract?

I don't like this public stunt at all. Do this privately with the club. Not always this public fiasco.

i also kinda like the idea that there are loads of healthy clubs out there who are ready to pick up these guys. even pre-covid we struggled to offload players because inter always overpays salaries, who the fuck is buying now?

Dont get me wrong, players like Barella, Bastoni, Lautaro, etc, will definitely have buyers against their current salary, but as I said elsewhere, they should also get pay raises.

 

[CafeCordoba]

Yeah and then comes the will of the players. Do let's say Bastoni or Barella want to move (physically move) to England to play football instead of Milano, Italy? They are gods here right now, do they wan to make that switch, possibly risk their statuses? I'm pretty sure Barella won't but I'm pretty sure Bastoni won't either. He's at the top of his world at the moment, he's at his sweet spot. He should tell his agent to shut the fuck up about his stupid analogies of companies making profits or losses.

And yeah, these guys deserve the raises and they will definitely get the raises. It's the general idea here that they should not take ANY hit of the COVID apart from getting their salaries paid a bit later. It's not like most of the clubs in Europe can pay the salaries (these big ones these guys like Inter players get). There are handful of those clubs, mostly subsided by criminally acquired money (City, PSG, Chelsea...). Not many clubs are so well managed financially who do not have sugar daddies behind them and can pay salaries Inter pay (Bayern, United anyone else???).

And IF it ends up being some month of salaries not getting paid until few years, it's probably fine for the club. Why talk to the reporter about this thing when it's all not decided yet, it's a negotiation. I'm really fucking pissed at this BS that they have the need to talk this out loud, publicly because reporters will continue having a field day over this subject and it adds fuel to the fire when the agent opens his mouth regarding this subject.

 

[Pravesh]

The very worst outcome could be Lukaku joining Conte to another club. In that case, we must get Allegri for sure.

Anywaz, yeah, it seems that, just like other clubs, our financial status is in tatters as well. If the medias are to be believed, it would be far worse. We should have a basic idea in few weeks thankfully.

It is also very understandable and kind of common thing for the management trying with wage deductions in this Covid situation. The only question is how our management is dealing with the situation.