Inter's Financial Situation

[.h.]

I wanna repost that another 4 times

 

[thatdude]

Milly Moratti talking about a missed opportunity...not really sure if this is a Thohir dig or not.

“No decision has yet been made,” warned Milly Moratti in Il Giornale newspaper today.

“Before talking about his shares, my husband is waiting to know something definitive. He feels a great deal of responsibility towards the team and the Nerazzurri fans.”

Former patron Moratti still owns 30 per cent of the club, but is expected to sell all his remaining stock while Thohir keeps 30 per cent.

“There is absolutely nothing personal against the current owner of Inter. Everyone has the right to run a club the way he sees fit,” continued Milly Moratti.

“However, Inter are a special side with special fans and its soul is specifically tied to the territory. See, that is what people failed to realise, the true value of being part of the territory. It feels like a wasted opportunity.”

Could Suning ask Moratti to take over again as their representative running Inter in Milan?

“He’d certainly be honoured and would evaluate how he could be of use. The respect of the territory and the values of Inter mean a lot to him.

“We met the Chinese investors briefly, as they came to dinner at our house. They really made a good impression, above all the son of Zhan Jindong, who showed he was very interested in the economic development of Milan and the enormous potential of the city.

“The Moratti family is available and counting on the enthusiasm of many Inter-supporting friends, who proposed many ideas when Massimo left the majority shareholder status.

“Yes, there are projects, but for now there is nothing. Change should not be feared. Change is an opportunity.”

In other news there will a press conference on Monday.

“In my view this collaboration between Suning and Inter is very important, as it connects China to one of the most important clubs in Italian football,” said Zhenhua.

Suning Commerce Group are expected to buy 68.5 per cent of the Serie A club from Erick Thohir and Massimo Moratti (pictured).

“I don’t see what is happening as Suning taking control of the club, because football is global, so I see it more as a collaboration.

“I see many wonderful things in future, because football is a global sport and we’ll see what happens.

“On June 6 there will be a Press conference on the collaboration between Inter and Suning. As I am in Europe, I won’t be able to participate.

“My colleagues from the Chinese Football Association will be there.”

 

[A.l.i]

Can we not view Inter's financials?

 

[firmino]

edit

 

[firmino]

Internazionale, more than any other club in the world, is tied to their fans all over the world, not to a mere territory, so what milly moratti says isn't exact. Internazionale was born when some managers of milan back then in the early years of the 20th century decided they didn't want to be part of a club which refused the contribute of stranger players and so they decided to create a new club, Internazionale, brothers of the world. We must be very proud of this, because we are tied to a message of fraternity in the world, we are one of those football clubs who are "més que un club". by the way, the same cannot be said about milan and juventus, who are just a means for political purposes to the respective owners.

 

[Bluenine]

i find it a bit ironic people still think money is the problem when we spent a fucking ridiculous amount in the last transfer window and finished fourth with the same number of points as carpi in the second half (if i recall correctly). qpr, rangers, newcastle, sampdoria etc... we've spent a laughable amount of money since 2011 fighting for third. spending money is one thing, spending it well is another.

we'll see how competent they are if this deal goes down. i'm just going to be skeptical until reason to think otherwise (based on the probability suning knows how to build/run a football club and navigate through italian politics). its one thing to know what to do, its another to know how to do it. its not necessarily that black and white though, we'll see what happens.

Of course money is one of the problems at Inter. Isn't that bloody obvious? Last summer, we sold more than we spent on transfers. That is not investment. Shockingly low revenue is one of the biggest problems at Inter, and it severely limits our rebuilding process in post-FFP environment.

Hopefully Suning will be able to drive revenue growth more than Thohir did. Thohir did improve our cost structures, and the value of our squad - so in the limited time he had, he did well. That is probably why he will make some money out of his Inter investment. But the revenues need to go up (drastically) for us to compete at the highest level - CL money is just one of the objectives, owning a stadium and getting better sponsorships from emerging markets can also help. That should be Suning's top priority.

 

[.h.]

exactly. we're fucked unless we grow our revenue. we need commercial deals, we need a new stadium, we need european football. If we ship things up properly, we could be making 270-300million euros a year quite easily from where we are sat now. That would make such a difference.

 

[ScottishInterista]

Done according to their football team

https://twitter.com/JiangsuSuningFC/status/739441378686578688

 

[Ronin]

That's not the official account. It's gonna be done today or tomorrow anyhow.

 

[enjoy]

Inter's management in Nanchino, two (positive) meetings till now. Next hours Thohir will meet Zhang Jindong
Other steps ahead in the negotiations between Suning Commerce Group and Inter for the sale of the majority of the club. An Inter's delgation of Michael Bolingbroke, Javier Adelmar Zanetti, Giovanni Gardini and Michael Gandler landed in Nanchino before lunch time and rhe meeting was at 'Sofitel Zhongshan Golf Resort', after the inclusion of Robert Faulkner and Richard Lamb. Inter's representants had lunch with the President Management Committee (CEO) Ren Jun e the Vice President Suning Investment Group Yang Yang. Then, Erick Thohir landed in Nanchino from Jakarta to take part of the afternoon meeting. Both face to face were positive. Next hours, as Sky Sport report, is scheduled a meeting between both comanies presidents Zhang Jingong and Erick Thohir.

 

[firmino]

In the long run, Financial fair play might be a good thing for us: how many other teams can count on a potentially enormous fan base like the Chinese one? Million of people in China will start following us, many of them will become Inter supporters. There is room for a great increase in our revenues.

 

[.h.]

 

[satubito]

Looks like Moratti and Zanetti will be running the show. Grande Zanetti as President :slick: We might now have a chance for Simeone!

http://www.cercocalcio.com/05/06/2016/zanetti-and-moratti-to-run-inter/

http://www.inter-news.it/mondo-inter/inter-nuovi-ruoli-per-moratti-e-zanetti-cds/

 

[.h.]

that article says moratti would be an advisor. it'd probably be similar to his honorary president status now

 

[AFCA 1900]

What a disaster if Inter really gets sold to the Chinese. The club would be dead to me from that moment on. AGAINST MODERN FOOTBALL.

 

[SempreInter]

What a disaster if Inter really gets sold to the Chinese. The club would be dead to me from that moment on. AGAINST MODERN FOOTBALL.

That makes no sense whatsoever but OK.

If they come in and improve the club what's the issue? we're in a bad position financially at the moment and this solves a lot of immediate issues for the owners and the club as a whole.

Ultimately we can only judge this move in the distant future whether it was a wise move or terrible, I'm optimistic for our future.

 

[Kakaroto]

Fuck the present and the future. Long live the past!!!

 

[JJM]

 

[satubito]

that article says moratti would be an advisor. it'd probably be similar to his honorary president status now

Absolutely. The chinese want a strong italian presence in management, so obviously he would help Zanetti where need be. Looking forward to seeing what kind of overhaul they do.

- - - Updated - - -

Fuck the present and the future. Long live the past!!!

 

[enjoy]

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