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Bolingbroke Offers Insights Into Inter’s Financial Situation

inter-takeoverInter’s new board of directors has been nominated, and Michael Bolingbroke is confirmed as CEO. The new CEO laid out the future of the club, touching on FFP, revenues and growing the Inter brand. Here are some of the highlights from his speech:

“Ever since I arrived in 2014, Inter has become an ever more global team. We are all working for the success of this team.

“I’d like to thank Thohir for his guidance of the team. It’s thanks to his leadership that we made it where we are. He has been a source of inspiration for us and he helped this club develop.

“It’s an honour for me to remain as Inter’s CEO. Our revenue went up from €160m to €186m from the 2014/15 to the 2015/16 season. We expect to increase that further.

“The Europa League is only the first step towards the Champions League, which is our true objective. We’ll be able to bring new talents thanks to this [new partnership] and therefore increase our revenues and investments.

“Suning is going to be important for us because they will give us access to an Asian fandom that wants to learn more and more about Serie A.

“We have 135 million fans and we’ll be able to increase that number even further, drawing in new sponsors, whether from China or abroad.

“The Inter brand offers enormous opportunity. We’re going to reinforce our network and set up a strong partnership both on and off the pitch.”

Bolingbroke also discussed the FFP issue.

“There has been a change in the majority ownership, and we’re discussing that with UEFA. We’re in the second year of FFP and there’s the potential for change.”

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