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Inter Announce 18m Loss

Despite reportedly posting an €18m loss for the 2017-18 season, Inter are said to have meet their Financial Fair Play obligations.

The Nerazzurri held a board meeting today to approve the financial statements up to June 30, and ANSA reports an €18m loss.

That is an improvement on the €24m loss last year, and the Inter board also believe they have complied with Financial Fair Play.

Spending on infrastructure and the youth sector are excluded, so Inter just need to break even without those costs.

Revenue excluding player sales rose 6 per cent and will exceed €280m. It true, that would be I believe a record for the club.

Suning have done a fantastic job agreeing new sponsorship deals and increasing Inter’s non-matchday revenues. In 2015, Inter had €165m in total revenues. within three years Suning has increased that by over €115m or 70%. There are only a handful of clubs in Europe who have grown their revenues by that much over the last three years.