Inter's Financial Situation

[Luka]

It will help alot to our club, which is in debt and we had read some sorry figures of our club's debt sometime back.

We are not in debt !

Moratti is borrowing money from his own company to the club. It's like him borrowing money from himself. This is nothing like borrowing money from 3rd parties.

We have 0 euro of debt.

 

[Pravesh]

We are not in debt !

Moratti is borrowing money from his own company to the club. It's like him borrowing money from himself. This is nothing like borrowing money from 3rd parties.

We have 0 euro of debt.

C'mmon, you are confusing me.

I read so many articles saying which clubs are in how much debt bla bla bla ?? I am not good with these terms but ain't it something like that ??

My apologies if I am wrong.

 

[Luka]

C'mmon, you are confusing me.

I read so many articles saying which clubs are in how much debt bla bla bla ?? I am not good with these terms but ain't it something like that ??

My apologies if I am wrong.

No worries Pravesh

The situation with Inter is totaly different, to situation of clubs like Roma, Man Utd, Real Madrid so on, and so on. The debt for them, is debt to third parties, that have nothing to do with the club itself, like banks etc.

Also this debt comes with some due time, and some interest of the loan.

The debt Inter has is an INTERNAL "debt". Like I've explained, basicly what is going on here, is Moratti borrowing money to himself. I don't know why, but probably it has something to do with less taxes or something financial.

So instead of Moratti just transferring the money directly to the club, which would be exactly the same thing (in the end), he is borrowing his own money from one of his companies to the club.

This is where those figures of 500, 700 mln Euros of Inter "debt" came from.

In reality Inter has NO DEBT in traditional sense.

ps. Paolilo confirmed it a while ago, when Platini have put us in the "debt clubs" group.

"Inter are not in debt with the banks. Inter, like many Italian teams have had a negative balance, but has always covered itself with capital made available by the club's owners."

 

[Victory]

What Inter's debt really is, is just the net loss after expenses are calculated. We are not making a profit, but our loss is being covered by Moratti himself, not the banks.

 

[Pravesh]

No worries Pravesh

The situation with Inter is totaly different, to situation of clubs like Roma, Man Utd, Real Madrid so on, and so on. The debt for them, is debt to third parties, that have nothing to do with the club itself, like banks etc.

Also this debt comes with some due time, and some interest of the loan.

The debt Inter has is an INTERNAL "debt". Like I've explained, basicly what is going on here, is Moratti borrowing money to himself. I don't know why, but probably it has something to do with less taxes or something financial.

So instead of Moratti just transferring the money directly to the club, which would be exactly the same thing (in the end), he is borrowing his own money from one of his companies to the club.

This is where those figures of 500, 700 mln Euros of Inter "debt" came from.

In reality Inter has NO DEBT in traditional sense.

ps. Paolilo confirmed it a while ago, when Platini have put us in the "debt clubs" group.

So, it is like that. I always thought we were also in debt but in a legal way though. Our club did defend it back then but I thought they weren't frank then; after all who is frank when it comes to hiding business stuffs.
Since when did business running people or politicians become so frank and innocent.

I still hope that you and the comments made by Inter are true.

:boogy:

 

[ElCuchu]

We have LOSSES not DEBTS....huge difference.

 

[Nero Indigo]

Well now I know because I was a little confused about this whole topic in the first place!

 

[Tonibaloni]

#10 Inter Milan
04.21.10, 06:00 PM EDT

(€-10/£-9)
Italy

League:
Serie A
www.inter.it
Website Languages: Chinese, English, Italian, Spanish

The Milan rivalry is one of the greatest in sports, rooted in the split of Internazionale from what is now AC Milan in 1908 over the direction of the club and whether it should admit non-Italians. The Nerazzurri's golden era was in the 1960s, when they won three Serie A titles and two European Cups. The UEFA Cup was won three times in the 1990s, and the 2000s has brought four consecutive league titles.

Team Value 1$413 Million
(2009: #14)

Samuel Eto'o
Owner/Major Shareholder:
Massimo Moratti
Chief Executive:
Ernesto Paolillo
Head Coach:
José Mourinho
Club President:
Massimo Moratti
European Trophies:
2 European Champions Cups: 1963-64, 1964-65; 3 UEFA Cups: 1990-91, 1993-94, 1997-98; 2 Intercontinental Cups: 1964, 1965
Domestic Championships:
17: 1909-10, 1919-20, 1929-30, 1937-38, 1939-40, 1952-53, 1953-54, 1962-63, 1964-65, 1965-66, 1970-71, 1979-80, 1988-89, 2005-06, 2006-07, 2007-08, 2008-09
Domestic Cups:
5 Italian Cups: 1938-39, 1977-78, 1981-82, 2004-05, 2005-06; 5 Italian Super Cups: 1989; 2005; 2006; 2008; 2009
Stars:
Cameroon striker Samuel Eto'o, Dutch midfielder Wesley Sneijder and veteran captain Javier Zanetti
Legend of the Past:
A World Cup winner with Italy in 1934 and 1938, Giuseppe Meazza scored 287 goals in 408 games for Inter. A year after his death in 1979, the San Siro stadium was renamed in his honor.
Main Sponsor/Uniform Sponsor:
Pirelli/Nike
Other Sponsors:
Sky, Acer, Alitalia, Samsung, TIM, Volvo


Previous: Chelsea
Next: Schalke 04




Founded 1908
1-Yr Value Chg.
(in $US) 12%


Revenue
$276 Million
Income2
$-14 Million
Debt/Value3
0%
Historical Value
Home Uniform
Black and royal blue striped shirts, black shorts and socks
Away Uniform
All white with black and blue stripe on shirt
Third Uniform
All white with red cross of Milan on shirt
Nickname
Nerazzuri (Black-Blues)
Stadium

San Siro
Capacity: 80,100


Sort List By:

* Rank
* Team
* Country
* Current Value
* Debt/Value
* 1-Yr Value Change
* Revenue
* Operating Income

 

[Tonibaloni]

acording to forbes

 

[Trance]

a link to the actual page of Forbes: http://www.forbes.com/lists/2010/34/soccer-10_Inter-Milan_340007.html

I don't understand how our club value drastically dropped since 2007? I cannot also understand how JuBentus are worth almost 200 millions more than us? and We have had a negative income?

how teh fcuk are they calculating all this shit? JuBe has played for the past years in a shitty 25k stadium, they have sucked cock in Europe so don't tell me selling shirts compensated for all that.

 

[Victory]

Revenues and operating income are for the 2008-09 season, converted into U.S. dollars based on June 30, 2009 exchange rates. 1 Value of team based on past transactions and current stadium deals (unless new stadium is pending) without deduction for debt (other than stadium debt). 2 Earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations. 3 Includes stadium debt. NA: Not Applicable. All figures are Forbes calculations except for revenues, which come courtesy of Deloitte LLP's Football Money League report.

 

[Syn]

Can someone translate this text, especially this part

Dunque è lecito pensare che uno dei big in rosa sia destinato a partire, ma non sarà un'inevitabile follia. Se sul tavolo di corso Vittorio Emanuele non perverrà l'offerta giudicata congrua, le altre si mettano pure il cuore in pace. Non ci saranno regali, nessuna svendita. La decisione di privarsi di almeno un big è figlia del bisogno di fare cassa e alleggerire il rosso del bilancio. Il rischio, infatti, è che le ferree regole dell'Uefa mettano i bastoni tra le ruote dell fuoriserie nerazzurra. Cessioni solo per soldi, dunque, salvo qualche rara eccezione (proposta irrinunciabile), l'Inter non accetterà contropartite tecniche. Al massimo, reinvestirà il denaro ricevuto per sostituire adeguatamente il campione partente. Non avrebbe senso, infatti, utilizzare tutto il compenso ottenuto dalla dolorosa rinuncia.

 

[Stefan]

That was what moratti said. In order to balance the books taking into consideration the new uefa financial fair play rule we will need to sacrifice a champion.

 

[Handoyo]

I hope when Moratti said "champion" he meant "Quaresma."

 

[Universe]

Probably means Maicon by the look of things.

Personally the whole situation disgusts me. We should be keeping our stars. And they should know well enough to know what a fuckhole Real Madrid is.

 

[Luka]

"...with the sale of Maicon".

This is a very popular view (I'm not denying it), especialy with what MM said, and the new financial rule and all, but I'm just wondering: where the hell all the money gone to ?

First, last season, MM didn't spend anything of his own, thanks to Ibrahimovic sale. We came on top even of the budget.

This season, we fuckin win the tripplet, I've read people overbidding eachother of how much Inter earned this season through TV/prize money and all, and now all of a sudden we need to sell Maicon. I'm not a financial expert, but shouldn't our situation be better than last year ?

Some figures just doesn't add up. Last season with 1/8 we were good, but this season with winning the CL we need to sell someone.

This is a mystery to me. If this would be true, what would happen next season if we reach only 1/8 again ? We will be like 50-100 mln in the red, because we didn't win CL ?

Somebody must be punking us.

 

[CafeCordoba]

Time to time, Moratti sets off Inter's losses. Losses which Inter is making every year. Maybe he doesn't want to or can't do that anymore, or at least not that often. Our salary budget is ridiculously big considering the ability to generate money this club has. It is our biggest obstacle financially.

 

[Luka]

We ended up last season in the green. MM didn't have to invest anything, from what we know.

 

[Suneet]

Didnt his company make 533m losses recently?

Maybe they are already running Inter within its means, maybe we are spending the money on a stadium as we will need to maximise our revenue and that seems the smartest investment.

 

[vasilios]

Good conclusion from the current situation. We aren't actually linked to any world class players apart from Mascherano. And it seems we are financing big part of our transfer campaign with the sale of Maicon.

I'm really not happy with the way our market is shaping up. If you figure Maicon and Mascherano will each cost somewhere around 30 mil, it's basically a swap. We're getting rid of the best right back in the world, and one of the few players that can actually get forward and both score and provide the ball to our strikers. And we're getting yet another defensive midfielder.

Bringing in Mascherano isn't too bad if we have right and left backs that can get forward and make up for our complete lack of attacking ability in the center of midfield. If we get rid of Maicon, we lose that and are left only with Santon, JZ, and Chivu, none of which are world class attacking backs. Even if we bring in Kolarov and play Santon/JZ on the right, our fullbacks are still worse than they were this year and our midfield is more defensive.

I just hope Moratti and Branca have something else up their sleeves.