President Inter Milan Steven Zhang. (c) AP Photo
Bola.net – Experienced financial crisis Inter Milan is getting exposed. The defending champion Serie A announced a loss of 245 million euros (equivalent to IDR 4 trillion ) in the 2020/21 season.
The economic difficulties experienced by the Nerazzurri have been palpable since the beginning of 2021. Some reports state that Suning Group is known to want to sell its stake in Inter Milan to another party because it is at a loss. so high that it had to close more than 900 stores in the first three quarters of 2020. Of course, this was due to the Covid-19 pandemic that hit China.
Loss This certainly affects every Suning business unit including Inter. Moreover, Covid-19 spread to Europe, which brought the football industry to a standstill for several months.
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The Biggest Loss in Serie A History
Football competition has resumed since June 2020. However, in the remaining the 2019/20 season and throughout 2020/21, the club still suffered a significant loss because fans were not able to attend the stadium.
As is well known, Revenue from stadium tickets is one of the club’s sources of livelihood apart from sponsorship and merchandise sales. Now, Europe’s top teams are starting back from the bottom.
They didn’t start from zero, but minus. Inter, in the 2020/21 season yesterday, recorded a loss of up to 245 million euros. This is the largest number of losses experienced by a club in the history of Serie A.
Their losses have more than doubled from what was recorded in the season 2019/20 yesterday. At that time, the Nerazzurri’s financial books were minus 102.4 million euros.
A Little Bright Spot
However, Inter Milan’s financial books are believed to be will get better at the end of this 2021/22 season. Because they were helped by the sale of two of their players, Achraf Hakimi and Romelu Lukaku. by this loss. Last season, they managed to come out as champions. And now, the Nerazzurri are in 3rd place in the Serie A standings with 14 points from six matches.
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