Inter's Financial Situation

[Nerazzurri_Ninja]

new owners pls

 

[DARi0]

Chinese manufacturing company Hisense is one of the options that Inter are considering as a possible replacement for cryptocurrency company DigitalBits as the main shirt sponsor

This according to today’s print edition of Rome-based newspaper Corriere dello Sport, via FCInter1908, who report that the Nerazzurri could look to the Chinese company, who are also among the sponsors of the ongoing FIFA World Cup in Qatar.

Inter are certainly starting to cast their net for a replacement for DigitalBits as their main sponsor given the ongoing issues with nonpayment of the instalments owed by the cryptocurrency company on their sponsorship deal.

The club are still exploring all options, but Chinese appliance and electronics manufacturing Hisense could be one of the serious candidates according to the Corriere.

Corriere are not the best source..

 

[Nerazzurri_Ninja]

how about NIO electric cars out of china

 

[CafeCordoba]

Please nothing related to China anymore.

 

[Stefan]

Please nothing related to China anymore.

Hisense being a multinational isn't as exposed to the CCP's whims as sunning being only in China is.

 

[pupivn]

Inter Finances 2021/22

Visions of China

swissramble.substack.com

 

[CafeCordoba]

Hisense being a multinational isn't as exposed to the CCP's whims as sunning being only in China is.

It's a Chinese company, that's enough.

 

[Harpsabu]

Inter Finances 2021/22

Visions of China

swissramble.substack.com

Last season the club posted a loss over €100m, despite making a record €105m profits from player sales and reaching the Champions League last 16.

Lol, we are fucked. Honestly without loads of sales and slashing wages, how do we recover? We need a top class youth set up fast

 

[Adriano@10]

Hisense being a multinational isn't as exposed to the CCP's whims as sunning being only in China is.

Alibaba and jack ma would like to have a word

 

[Black Knight]

Inter Finances 2021/22

Visions of China

swissramble.substack.com

tl;dr - Our finances are absolutely fucked

 

[Stefan]

Alibaba and jack ma would like to have a word

Most if not all alibaba's companies were registered in China. Hisense have registered companies in different countries. Didn't say they have no exposure, said they have some safeguards.

 

[Helenio Herrera]

Matchday revenue is bound to increase now that COVID is over, it'll definitely help. New league TV deal will kick in after 2024. We should do better in terms of commercial revenue but it'll surely get better once this Suning conundrum ends (which also has a deadline in May 2024).

We should only worry about making the CL this season & next, and keeping the core of Skriniar-Bastoni-Barella-Martinez intact.

 

[Capo]

Brass knuckles what is the current situation?

How much debt are we in, the club and not Suning.
How much is our operating costs and revenue?

When is Suning loan due, and how much do they have to pay back this tranche?

And if Oaktree take over, how much do they have being a sledge fund?

 

[.h.]

I cant decide if the Juve situation is good for Inter, financially, or bad.

On the one hand, it removes competition for the top 4, thus making it more likely we will be in the CL next season, and securing revenues. On the other hand, its worse for the league as a brand/reputation/etc overall. Even if Juve get relegated, back into Serie A quickly, their squad will be diminished as we saw post-06. TV rights I'm not sure when the next scheduled negotiation is, but it could factor into it. It'll probably also reduce overall the international coverage of the league.

You also introduce substantial risk to any potential investors, I'd guess this would knock some money off the "fair value" for Inter.

 

[Helenio Herrera]

I cant decide if the Juve situation is good for Inter, financially, or bad.

On the one hand, it removes competition for the top 4, thus making it more likely we will be in the CL next season, and securing revenues. On the other hand, its worse for the league as a brand/reputation/etc overall. Even if Juve get relegated, back into Serie A quickly, their squad will be diminished as we saw post-06. TV rights I'm not sure when the next scheduled negotiation is, but it could factor into it. It'll probably also reduce overall the international coverage of the league.

You also introduce substantial risk to any potential investors, I'd guess this would knock some money off the "fair value" for Inter.

What's worse for the league is someone openly cheating and getting away with it. There'd be no point watching an unfair competition.

It also wards off potential future investors -- who would want their asset to be treated unjustly? Unless FIGC and Serie A want to attract borderline-criminal type owners, it is clearly beneficial to punish Juventus.

 

[CafeCordoba]

Yeah, they've doped financially and they should face heavy punishments for that. It's always been tough to compete against them because of their financial overpower. But that has based on fraud to some extent in recent years.

It's definitely good for Inter if Juve can be kicked out of our way. But it's totally possible nothing is going to happen during this season.

 

[Adriano@10]

Most if not all alibaba's companies were registered in China. Hisense have registered companies in different countries. Didn't say they have no exposure, said they have some safeguards.

Potato/potato There is no difference and the CCP does not give two fucks.....
Baba was the biggest chinese stock listed on the NYSE CCP did not give two fucks when they cracked down on em.
It s pretty simple if your headquartered in China the owner is chinese and lives in china then the CCP has control over your business wether or not you do business abroad does not matter. The only thing that matter is wether or not the CCP wants to intervene or not.

 

[Adriano@10]

Just saw that we re charging 2.5 euros to watch the friendly on FB today...
We really must be deep in the shit...

 

[wera]

Not giving my hard earned money to crooks. Zhang can lower his own salary if he needs to inject some money into the club.

 

[CafeCordoba]

Just saw that we re charging 2.5 euros to watch the friendly on FB today...
We really must be deep in the shit...