Inter's Financial Situation

[.h.]

atalanta's top earner makes less than Pinamonti

 

[I'mNewHere]

Suning should accept offer from Venture Capital. I angry when the players already give it all to win first Scudetto in 10 years, to only get WAGE CUT.

It's not fair for the players and staffs. Logically when someone good at their job, they will be rewarded, not pay cutted.

Marotta, Conte, Lukaku, Hakimi, Barella, and others doesn't deserve this treatment after win Scudetto.

we have the most scummy owners ever

 

[WLEXT]

You can read the craziest takes in Italian media

Foschi: "If you don't pay your salaries, you're not in order: at that point the Scudetto should go to Atalanta"
https://www.fcinternews.it/news/fos...-scudetto-dovrebbe-andare-all-atalanta-368009

 

[Jane The Virgin]

By the same logic Inter wants to ask players to give up 2 months wages, FICG could do the same to Inter... You know, all in good spirits and understanding, to give up the Scudetto bonus etc..

I don't know who the genius behind this 6th grade solution was, but if he didn't come up with "and in the future season/seasons, the first profit that Inter makes, the players that gave up two months salaries will be paid in full alphabetically", he should resign asap.


It is a dumb "solution". I wouldn't accept it ever as a player or coach.

Sell couple of players, sell youths, get sponsors. Or even hell - new fucking investor or a loan.


Let's not over complicate this situation we are in at the moment, as we did with FFP. Where after hundreds of km posts, nobody had an idea of what that was, and we all had our version of it, and all could see the major loop wholes.

If we end up screwing with Conte and the big players. We don't deserve serie a. The can rot in hell. And Sunning as much as they have been good to Inter, we all saw how quickly and nonchalantly ended their Chinese team. Like it was the first, oldest and the most irrelevant "saved" game out of 60 hours of played material and 100+ save files.

 

[CafeCordoba]

They should just offer deferring the payment of those 2 month salaries for 2 years or something. No body is losing too much money (only the possible profits one would make if investing the money right away ) That should have the same effect for the club and the projection is we will make a lot more money in to years time.

 

[.h.]

You can read the craziest takes in Italian media

Foschi: "If you don't pay your salaries, you're not in order: at that point the Scudetto should go to Atalanta"
https://www.fcinternews.it/news/fos...-scudetto-dovrebbe-andare-all-atalanta-368009

wonder where this opinion was last season when juve deferred 3 months of salary

 

[Thoyhoy]

This is worse than Yonghong Li... at least they had Elliott in backhand taking over the club. These Suning cunts are going to dismantle the team this summer, they have no future plans for the team

 

[Il Drago]

Yonghong Li? The guy who had no money, that no one important in China knew him, that our owners refused to be seen next to him and took a loan in order to buy Milan and lost the club for 1/3 of the fee to a vulture fund? That Yonghong Li?

As for Elliot, yeah. They're great owners. They're changing management almost every year and a big part of the squad consists of either players on loan or players with expiring contracts and with Pioli on fire as a coach. Yeah. Milan are in a great situation.

 

[CafeCordoba]

This is worse than Yonghong Li... at least they had Elliott in backhand taking over the club. These Suning cunts are going to dismantle the team this summer, they have no future plans for the team

I don't know where are you getting this that Zhangs are dismantling the team.

We should follow Calcio e Finanza and La Repubblica (Franco Vanni) when it comes to Inter financial situation. All those other players are no fucking clue. They might get some leaks from within the club regarding different situations but they have no idea about the big picture.

We still haven't acquired that American loan, they are still trying to get the best possible deal there, from OakTree Capital or Bain Capital. We still have two funds interested in the loan so that Goldman advisor guy (of Suning) is putting those two running against each other. We need to acquire that week before the end of the month to pay the salaries (so about 1,5 weeks left).

 

[Thoyhoy]

Almost all newspapers are reporting that there are no clear plans for the future. Look at what happened to Jiangsu. The same won't happen with Inter, but I don't think it's unrealistic that they'll sell several of the big players this summer. Suning has zero money atm. The rumoured loan has an interest around 11-12%, that's insane. Elliott have spent quite a bit on Milan and still haven't sold any key players. I'm quite afraid that we cannot say the same about Suning after this summer...

 

[Wobblz]

That whole shit is way overblown IMO. Once again Italian media is trying to shit all over our success, while clubs like Juve who are in shambles aren't getting anywhere near the same treatment. They are out of CL probably, they have the highest wage bill in the league and they have 3 coaches on the payroll (IIRC) but still nobody is talking about their own financial problems, the fact that they can be banned from playing in Serie A or CL if they manage to qualify, etc.

If Suning didn't have any money to run the club they would've sold it to cover their losses. They also came here to boost their brand and probably steal some know-how from Europe to develop football in China, which isn't the focus of the CCP anymore but still both Suning and Chinese football owners in extension would blow their reputation to pieces if they just dismantle a Serie A winning team because they suddenly think they aren't in the mood of supporting the club. Makes no sense to me to invest so much only to shit on your own face right after you finally reap some rewards. COVID or no COVID, the situation is exactly the same for all clubs.

Not to mention that being the champions of Italy will certainly boost our revenues with tens of millions of Euro. Sponsor bonuses, etc. Our contracts for kit partner/sponsor are up and they were absolute trash comparatively. So that's also a fresh stream of income for the club at the best moment for negotiations possible. So yeah, long story short, I think Zhang is just doing what any prudent businessman would do - try to negotiate to make his life easier but players and staff have the full right to bluff it out. At the end it'll be all business as usual - we'll secure a loan to cover operational costs and sell to buy, let go of some players like Vidal/Vecino/Dalbert/Mario/Agoume/Vandhausen and other youngsters and invest in 2-3 quality players. This should've happened either way, Conte really loves his long bench of "winners" but it's a luxury we can't sustain, even if the whole world wasn't in crisis.

 

[Universe]

Yonghong Li? The guy who had no money, that no one important in China knew him, that our owners refused to be seen next to him and took a loan in order to buy Milan and lost the club for 1/3 of the fee to a vulture fund? That Yonghong Li?

As for Elliot, yeah. They're great owners. They're changing management almost every year and a big part of the squad consists of either players on loan or players with expiring contracts and with Pioli on fire as a coach. Yeah. Milan are in a great situation.

Yes, this Yonghong Li.

https://twitter.com/yonghongli69?lang=en

 

[Materazzi_23]

That whole shit is way overblown IMO. Once again Italian media is trying to shit all over our success, while clubs like Juve who are in shambles aren't getting anywhere near the same treatment. They are out of CL probably, they have the highest wage bill in the league and they have 3 coaches on the payroll (IIRC) but still nobody is talking about their own financial problems, the fact that they can be banned from playing in Serie A or CL if they manage to qualify, etc.

If Suning didn't have any money to run the club they would've sold it to cover their losses. They also came here to boost their brand and probably steal some know-how from Europe to develop football in China, which isn't the focus of the CCP anymore but still both Suning and Chinese football owners in extension would blow their reputation to pieces if they just dismantle a Serie A winning team because they suddenly think they aren't in the mood of supporting the club. Makes no sense to me to invest so much only to shit on your own face right after you finally reap some rewards. COVID or no COVID, the situation is exactly the same for all clubs.

Not to mention that being the champions of Italy will certainly boost our revenues with tens of millions of Euro. Sponsor bonuses, etc. Our contracts for kit partner/sponsor are up and they were absolute trash comparatively. So that's also a fresh stream of income for the club at the best moment for negotiations possible. So yeah, long story short, I think Zhang is just doing what any prudent businessman would do - try to negotiate to make his life easier but players and staff have the full right to bluff it out. At the end it'll be all business as usual - we'll secure a loan to cover operational costs and sell to buy, let go of some players like Vidal/Vecino/Dalbert/Mario/Agoume/Vandhausen and other youngsters and invest in 2-3 quality players. This should've happened either way, Conte really loves his long bench of "winners" but it's a luxury we can't sustain, even if the whole world wasn't in crisis.

He is back!

 

[CafeCordoba]

Almost all newspapers are reporting that there are no clear plans for the future. Look at what happened to Jiangsu. The same won't happen with Inter, but I don't think it's unrealistic that they'll sell several of the big players this summer. Suning has zero money atm. The rumoured loan has an interest around 11-12%, that's insane. Elliott have spent quite a bit on Milan and still haven't sold any key players. I'm quite afraid that we cannot say the same about Suning after this summer...

You better check your sources then.

Calcio e Finanza and La Repubblica (reporter Franco Vanni) are the ones you should follow when it comes to Inter's financial situation. All the others are just puking BS left and right, they are spreading rumors of player discontent and what not. They are not talking about the real situation, behind all that. All those papers write about, are projections by their reporters, not any inside stories or anything like that.

 

[IM21]

Marotta said theres no issues and everything will be resolved.

 

[armendsh]

Marotta just confirmed in some way that we ARE FUCKED and enjoy this scudetto cause next season we wont reach even 4rth place

 

[brightbackground]

Marotta just confirmed in some way that we ARE FUCKED and enjoy this scudetto cause next season we wont reach even 4rth place

Marotta said theres no issues and everything will be resolved.

Were you guys watching the same interview?

 

[IM21]

Were you guys watching the same interview?

Hahaha.. well he said that there are problems, but that the press is exaggerating, as there are other clubs with same problems. There also may be sales of some players.

I guess we are fucked if the sold player will be an important one. If its Sanchez or Brozovic i think we will survive.

 

[Il Drago]

This is exactly what Marotta said.

Beppe Marotta: “Same Problem At Many Clubs But Inter’s Always Magnified, Players Contracts Will Be Respected”

Beppe Marotta has assured Inter will honour their players’ contracts despite the club’s well-documented financial problems.

Inter’s players were asked by president Steven Zhang to give up two months’ wages, in order to help Suning tackle the club’s financial problems.

Speculation has reached fever pitch this week about Inter’s economic crisis, but Marotta has made it clear there will be no problem respecting the pre-existing deals if no new solution can be agreed.

“The contracts which tie the players to the club will be honoured,” Marotta told Sky Sport Italia before tonight’s match at home to Roma.

“There’s always extra attention on Inter in the media which magnifies problems, even though other clubs are having the same problems.

“We’ll deal with these issues with our conscience.”

Zhang went to visit Inter’s players at Appiano Gentile on Monday to request the wage cuts, and reports since have suggested his proposal did not go down well.

Asked if Inter’s players really were irritated by the request, Marotta responded: “Everything started with a meeting with the president, who explained the current moment football is experiencing with maximum serenity.

“Zhang made the players aware of the delicate position the club is in, but he didn’t oblige anyone (to take wage cuts).

“It’s up to everyone to make a decision with their conscience.

“We have full respect for the players who have given the club an extraordinary joy this season (winning the Serie A title).

“I’ll repeat: Inter will honour all their agreements.”

Antonio Conte’s future remains uncertain as a result of Inter’s off-field problems, and Marotta was unable to guarantee he would still be the Nerazzurri’s head coach next season.

“I hope so, both as a director and as a person,” he said.

“We’ve begun a project with him, despite the COVID-19 pandemic which has caused all sorts of problems.

“If I consider the work Conte has done in these last two years, we finished second and reached the UEFA Europa League final (in his first season) and then won the scudetto with several games to spare.

“The hope is that we can continue despite all the problems.”

Marotta was also asked whether Inter were likely to sell one or more key players in the transfer window, assuring supporters that the club’s situation was not as bad as some have made out.

“We’re not in such a disastrous situation that we’ll have to wipe out everything we’ve done so far (by selling players),” Marotta said.

“We must be optimistic heading into the future, but at the moment we must focus on the nice things we’ve achieved and the season isn’t over.

“The club will then announce what they need to announce and respond to all questions.

“It’s at this time of year that all clubs sit down and plan things for the future, and we’ll do that in good time too.”

Marotta also spoke of his pride at seeing Inter win the Serie A title again after 11 years of waiting.

“Regardless of the gap with Roma in the table (27 points), we’ve done an extraordinary thing this season which must be credited to the coach, the team, the technical staff and obviously the club for their support,” he added.

“Perhaps we still don’t realise the magnitude of what we’ve achieved.”

Each person can make his own conclusions.

 

[magnesium]

Marotta will sell players if Suning doesn't want sell our club. We need much money if we want keep Conte.

Conte must be desperate to get players he want next season, especially after he deliver Scudetto.