Record losses for Inter! The Italian club has announced huge debts for last season

Article by Sebastian Vasile – Published on Thursday, 30 September 2021, 21:24 / Updated on Thursday, 30 September 2021 21:25

Inter Milan reported a financial loss of 245.6 million euros for the 2020-21 season on Thursday, the highest ever recorded by a Serie A club.

Inter won their first Serie A title after an 11-year hiatus last season, but the club’s financial situation was severely affected by the coronavirus pandemic, as well as the rapid elimination of Champions League groups.

Nerazzurri reported significant losses, mainly due to lack of revenue from ticket sales.

“The club has quickly initiated a rebalancing policy with two main objectives: ensuring financial stability and maintaining a competitive team”, added Inter in a statement

This new policy implemented by Inter officials made Antonio Conte to leave the club. He was unhappy that the team lost two of the most important players, Romelu Lukaku and Achraf Hakimi.

Inter, new hopes for the new season

Inter officials remain positive for this season, despite the club’s financial problems.

“The current season offers “In addition to the partial reopening of the stadiums, the positive summer transfer campaign and the signing of new global sponsorship contracts are evidence that the Inter brand continues to grow. These actions will make it possible to significantly reduce losses,” he said. Italian club.

Inter, currently coached by Simone Inzaghi, are third in Serie A after the first six stages.

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