October 28 – Inter Milan have reported record for revenue of €439.6 million for the financial year ending 30 June 2022.
The club said the figures “pick up the positive trend from where they left off prior to the start of the pandemic” despite a challenging economic environment that only saw the gradual lifting of global pandemic measures in 2021, and growing international tension in 2022.
The club’s results pick up the positive trend from where they left off prior to the start of the pandemic, setting a
The financial results show an increase in consolidated revenues of about €75 million – growing to €439.6 million from €364.7 million in the previous financial year – but the club said that “taking into account the end of the2019/20 season in the 2020/21 financial year as it finished when the following financial year had already begun, the increase in revenue is approximately €140 million.”
Despite the revenue increase the financial year still ended with a loss of €140 million, which was down byalmost €105 million compared with €245.6 million in 2021.
Inter president Steven Zhang, speaking to shareholders, confirmed his family’s commitment to the club despite rumours that a buyer is being sought and US advisors appointed to handle the sale.
“During this difficult period of time, so many things have changed, but our love and passion for Inter have remained steadfast,” said Zhang.
“The last three years have been tough, but we have got through them together with determination and ambition, as seen by our haul of three trophies after an 11-year wait. We were brave enough to tackle the pandemic withdynamism and the ability to win and stay at the top. The reality is that the club’s future has never been in questionand our vision for Inter is crystal clear. Our long-term commitment is to guarantee a future that is in line with the club’s illustrious history.”
Contact the writer of this story at email@example.com