Inter's Financial Situation

Il Drago

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New owners would have done the same cost cutting thing. Maybe in a different way like selling the asset which brings them the biggest money?

Exactly. Let's not pretend BC Partners was a great option. They would probably try to sell all the players with high wages, they would set a maximum wage limit and they would focus on promising youngsters who would get sold on a profit at a later stage. There were even rumours they wanted to implement an Atalanta model to Inter which would eventually turn Inter into a feeder club. We were between the devil and the deep blue sea.
 

CafeCordoba

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Atalanta model was probably just bullshit. I don't think they would have gone that kind of route where they sell all the biggest earners and be content with reaching top 4. But I'm sure they would have sold some players to cut costs. It would have led Conte to gtfo and probably Marotta too.

For now at least, it looks Zhang tries to keep the squad and Conte. Immensely better situation. But let's see, things can change from here.
 

.h.

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atalanta's top earner makes less than Pinamonti
 

I'mNewHere

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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. :palm:

we have the most scummy owners ever
 
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Jane The Virgin

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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

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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 :D) That should have the same effect for the club and the projection is we will make a lot more money in to years time.
 

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Thoyhoy

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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

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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? :lol:

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

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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

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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

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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

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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? :lol:

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

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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

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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

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Marotta said theres no issues and everything will be resolved.
 

armendsh

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

IM21

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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.
 
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