Inter's Financial Situation

.h.

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Is that each or a pool? I assume a pool
 

qb4ever_2k

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We laughed about that in the WhatsApp chat. Either way it's pretty ridiculous. They can't pay 500k per player, but then again, 500k shared among the team is like 20k per player. :D

Lets say our average wage is 3m/year. 20k bonus is like a guy who makes 30k being given $200. Not too bad eh?
 

.h.

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It wouldnt be an even split, though, itll be pooled based on time etc on the pitch

that being said, the super cup is a joke of a competition anyway, but its still nice to win. That sort of pooled bonus is reflective of that imho.

Basically its a nice new watch for everyone, and thats great.
 

DARi0

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Here is what the club earned following this SuperCup: Inter stand to earn at least €1.8 million from winning the Supercoppa Italiana against Juventus

As has been reported by Calcio e Finanza, a website specialising in the financial side of football, Inter’s share of the €3 million prize pool that was on offer from the Supercoppa equates to €1.8 million.

Juventus as the runners up stand to earn €1.2 million. The figure could soon actually be increased though as the clubs must be compensated for the lack of money made through spectators at the match.

Coronavirus regulations meant the stadium very recently had to be reduced to 50% of its full capacity. Only 29,696 spectators were in attendance so compensation for that could be heading for the club’s coffers as well.


Zhang seemingly lost half of his fortune last year:
Late 2021, the Fitch credit rating agency confirmed what the markets have been indicating for some time now – that Evergrande, one of the largest real developers in China, has not fulfilled its payment obligations which were due December 6.

The real estate giant is currently in a critical situation and its possible bankruptcy is expected to greatly affect the owners of Internazionale, the Suning group.

For Inter, the concern is very real, since Suning owns €2.6 billion in Evergrande shares. As a result, Suning is having serious liquidity problems as China has already revoked Evergreen’s license to build a mega-stadium in the city of Guangzhou.

The company, which has delayed several bond payments in recent months and did not pay interest in September, failed to pay $82.5 million.

According to the rating agency, the group is now in default. To make matters worse, the Bloomberg Billionaires Index, which evaluates billionaires’ fortunes, also indicates that Zhang Jindong, owner of Suning and Inter, lost 2 billion dollars in 2021. That represents half of his fortune.

Currently, it is estimated that the company’s total debt exceeds $300 billion. There are many concerns about the impact of Evergreen’s bankruptcy not only on the real estate or Chinese market but the global market.


Inter has hired Goldman Sachs Group Inc. to work on refinancing the club’s current outstanding debt, according to a report in the American media today.
As has been reported by Bloomberg, the information has been learned by people familiar with the company. Inter has a €425 million bond maturing at the end of this year so the club has asked Goldman Sachs to launch a new bond of approximately the same size and with a duration of five years.

Goldman Sachs had meetings with investors before the Christmas break in the football calendar and the transaction could be completed in the coming weeks.

Unlike clubs such as Barcelona, Manchester City, and Real Madrid, Inter has opted for the public debt market path to improve their capital structure after a wave of pandemic-induced financial stress.
Could someone please explain what public debt market path is? And what other clubs did in contrast? 10x
 

Ayalon

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Here is what the club earned following this SuperCup: Inter stand to earn at least €1.8 million from winning the Supercoppa Italiana against Juventus




Zhang seemingly lost half of his fortune last year:



Inter has hired Goldman Sachs Group Inc. to work on refinancing the club’s current outstanding debt, according to a report in the American media today.

Could someone please explain what public debt market path is? And what other clubs did in contrast? 10x

Like every billionaire on earth found a way to get richer during the pandemic, of course our guy lost half his wealth.
 

brehme1989

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Singapore bans Crypto advertising.

I wonder when ESMA orders this as well. The impact on our sponsorship deals would be humongous.
 

brehme1989

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Even PL clubs (that don't even spend much) have financial problems.


This club has 6 games less than everyone else in PL, sitting at the bottom of the table. They should be midtable but this rescheduling frenzy and covid cases have killed them. They sold their main striker to Newcastle. If they go down, they're going banrkupt just like Derby County.

This is the reality in the "safest" league to invest as well. It's even worse than Italy actually with the 2nd division clubs, but there's less dodgy money coming into Italy, so some teams in England can see their risky investments pay off with a promotion to the PL. But that's not economic panacea.
 

Universe

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Like every billionaire on earth found a way to get richer during the pandemic, of course our guy lost half his wealth.
LOL :lol:
 
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