I'm new here, could someone buy the annual report from the Italian Company Register
http://www.registroimprese.it/
As i knew Transfer Fee is not a one time expense, instead its was divided and evenly amortized throughout the entire contract, and the tricks of co-ownership may affect the result.
In my personal opinion, Milan and Juventus were also merely passed the FFP. The former had the net loss of 70 million with flopped transfer revenue (how come Genoa would accept crazy fee for Milan youngster in Papastathopoulos deal? Someone listed the fee in wikipedia) and Juve in 2010-11 first 3 quarter had a net loss of 40 million. While AS Roma Group is better, 20 million net loss in 2009-10 season. Genoa helped Milan to buy flopped, and its transfer deals failed, made its net loss in 2010 was 16 million. It cityrival Sampdoria had a net loss of over 10 million , as i remember worsen than 2009. The best team is Napoli, ONE OF the few team had profit.
But Inter do had problem, 2009-10 despite had a huge transfer profit from the crazy Catalonian and winning UCL, the result improved, but still had a huge lost.
Both Milan and Inter faced ageing problem and seems the only way to pass FFP is selling player. It may made Serie A more competitive as noone has income /spending advantage.
Inter should increase fareast and American market, but more importance is fire Kerlon, Matrix and sell Obinna, Muntari intime (despite they can exchange for non-EU quota of each season) Inter bought Viviano for 3.5 million in half and sold Krhin for 2 million, there were valuable asset that could sold 2 times higher, but seems Serie A teams unwilling to spend in transfer market (most of the teams only think avoid relegation not Europe)