Inter's Financial Situation

[William]

We're in the middle of COVID, revenues will be down and the sponsors are in control - i dont see why they'd agree to a 5 year deal.

5 year deal = lower amount of money, IMHO. Part of paying a premium is to lock in the contract for a long period of time.

The important thing is to make sure we have good clauses.

5 years is a long time mate. Enough to see if it is working for both parties.

 

[.h.]

overly dramatic, baseless idle speculation for a minute:


I wonder if the EPL suing Suning might cause issues for us. It depends what level of Suning they are suing, but if there is enforcement and non-cash payment, can anyone think of any major Suning group assets in Europe that they cant protect from a European court enforcing payment terms on?

 

[CafeCordoba]

As far as I know EPL terminated the contract with Suning and that's the end of it.

 

[.h.]

they're suing them for nonpayment now £160m apparently

 

[IM21]

they're suing them for nonpayment now £160m apparently

steven can sell or give them 2 watches. The guy is always wearing a watch thats worth 500K to 1M.

 

[Candreva Crosses]

steven can sell or give them 2 watches. The guy is always wearing a watch thats worth 500K to 1M.

He'd need over 320 watches for that.

 

[pier]

I wonder when Inter will be announce the financial statement.
Roma and Milan already reporting huge lost.
https://www.football-italia.net/160274/roma-ran-204m-euro-loss
https://www.football-italia.net/160356/milan-ran-%E2%82%AC195m-euro-loss

 

[.h.]

apparently we're expected to report 150m loss, which against roma and milan isnt bad.

 

[CafeCordoba]

Though they are not our opponents.

 

[Jnr]

 

[.h.]

I like how they didnt even bother trying with szczesny's name in the line up

 

[brehme1989]

They should also make a list with the gross amounts plus the extras that each club pays on top of that. Mostly because 1/3 of these guys fall under a different tax system. Also, it'd be funny if they added everyone on the payroll as well.

 

[.h.]

Aye, the gross cost is more interesting in many ways, and it makes our wage bill more comparable to other clubs, so you can benchmark how we perform against, say, a PL club. Our wage bill is probably something ike 225-250mil with tax factoroed in I'd guess

 

[CafeCordoba]

That figure under every team's name is supposed to be the gross amount. But I summed all net salaries together for Inter and it came 81.3m€. I don't think that gross sum takes account the reduced tax rate for our big netters. Actually our top5 earners are all with the Growth Decree applied to their taxation. That will save us something like 12m€ in a year.

 

[.h.]

ahhh ok thanks. I wasnt sure about that - the milan wage bill seemed quite low to me for being gross tbh!

 

[brehme1989]

That figure under every team's name is supposed to be the gross amount. But I summed all net salaries together for Inter and it came 81.3m€. I don't think that gross sum takes account the reduced tax rate for our big netters. Actually our top5 earners are all with the Growth Decree applied to their taxation. That will save us something like 12m€ in a year.

Yeah it's not accurate, that's why they should make a separate list with what each player really costs. Not only what his contract says, but what the club pays on top of all that as well.

 

[CafeCordoba]

That Juventus wage bill is humongous tbh. They have some disastrous contracts in Ramsey and Rabiot and Dybala demands his salary to get doubled. They need to get that settled during the season as his contract runs out in 2022.

We're gonna face payraise talks too:

- Lautaro (obviously)
- Bastoni and Barella to get their annual amortized cost down, so with the extension comes the pay raise given their role in the team now
- Sensi not so much as his fee wasn't as high so the annual amortized cost isn't that big
- De Vrij (with Raiola) of course wants to get a raise, they want to get to that top echelon (yellow color with over 5m€ net salary)
- Brozovic's contract runs out in 2022 so it's either extension or sale next summer. In Brozo thread already talked about this but my guess is sale. At least my hope, I don't want to have Brozo being 5m€ level as he's not going to be the backbone of our midfield at the level we want to be
- Gagliardini's contract will be probably extended too but I really hope we won't give too big raise so we will have a chip for the swap trades within Serie A. I feel even 2m€ might be too much. We can replace Gag's output by cheaper players so 2m€ net is surely ABSOLUTE maximum

 

[CafeCordoba]

Yeah it's not accurate, that's why they should make a separate list with what each player really costs. Not only what his contract says, but what the club pays on top of all that as well.

Yeah net values are important to understand what players demand and get in the market, specially when comparing players in different leagues.

Then gross values are important to understand what these guys cost to the clubs. This tax rate reduction is a super tool for the Italian clubs tbh. Inter wouldn't be where we are now regarding our squad quality if it weren't for the Growth Decree.

 

[pier]

Updated with Cds(?) data as posted by Jnr

There might be slight mismatch to the gross wage tax compared to cds data (€143m vs €149m), probably who is on Growth Decree taxes category.

Our Annual cost increased from €217m to €250m this season although amortization decreased slightly to €103m compared to last season €109m. It might go down to below 100 depending on how well we handle the contract renewals on some players and balance it in accordance to the annual cost.

 

[Zlatan4life]

apparently we're expected to report 150m loss, which against roma and milan isnt bad.

By Inter's current standard, yeah.