Inter confirmed the club ran at a loss of €245.6m in 2020-21, the highest ever deficit in the history of Serie A.
Their losses more than doubled compared to the 2019-20 campaign, which ended with negative figure of €102.4m.
Because of the COVID-19 pandemic and the lack of fans in stadiums, the revenue also fell from €373.3m to just €364.7m.
However, that only tells half the story, because over the last two financial years, Inter have lost over €900m.
The Nerazzurri coffers will be bolstered for the 2021-22 financial year by the sales of Romelu Lukaku and Achraf Hakimi, but Suning continue to seek new investors, having taken loans and emitted bonds to raise funds.
The €245m losses represent the highest in history for a Serie A club, eclipsing the €209.9m losses posted by Juventus in 2020-21.
Of the top 10 biggest loss-making seasons in Serie A, six were at Inter, as they also ran at a loss of €206m in 2006-07, €181.4m in 2005-06, €154.4m in 2008-09, €148.3m in 2007-08 and €140.5m in 2014-15.
#Inter, il rosso è da record: è il più alto della storia in #Serie Ahttps://t.co/awOkC1k8lE pic.twitter.com/plQpp7dry8
— Calcio e Finanza (@CalcioFinanza) September 30, 2021
‘the revenue also fell from €373.3m to just €364.7m’
Losses aside, that really isn’t a drop that would require including ‘just’ in the statement. It is a drop of less than 10m. The ‘just’ makes the loss sound a lot bigger than it actually is. Sensationalist diction. I do however appreciate that given their stature (winning serie a), you’d normally have expected an increase.
I genuinely think if they don’t win anything this season and if a buyer doesn’t step in out of nowhere we could have a Parma-esque story on our hands. If a club can’t break even after raising 200m in funds from selling players and only investing about 25m in players after that then there is a serious problem. An unprecedented problem as far as I know in Italian football. Next summer they may not have 200m worth of players to sell. Even as a Milan fan you don’t like to see this.
While I don’t doubt the accuracy of the figures, Milan and Juventus are in similar positions. Why the sensationalism? Inter are an established brand, ripe for take over…..and when they are the sensationalist headline will be – Inter only win because of owners $$$$$
UEFA make a show of punishing Milan but do nothing to all the other offenders. Even Juve given a free pass after the superleague fiasco. It’s a joke, just like the british legal system.
Corruption is as rife as ever in all these organisations and they just laugh in everyone’s faces.
Bye FC Internazionale, see you in Serie D!
What was expected really. The good news will be if Inter find new owners the losses are expected in most clubs that invested a lot before the pandemic.
@Vogel Had Madrid and Barça dont get involved, ceferin will come after juve. Behind all of its wrong aspects, super league is good to shake up the establishment. Uefa is always bend their back to the highest bidders and then hide themselves as the “defender of the game”.
Lets be realistic. Even if the numbers are correct Inter wont ended like Parma in any way. They are a big club already, someone will step in.
Inter losses -€245.6M (from -€102.4M in previous year)
Juve losses -€209.9M (from -€90M in previous year)
Milan losses -€96.4M (from -€194.6M in previous year)
@Urban, how are they the same exactly?
@ Ryo – i said ‘similar’ and over the period of 3 or so years they are similar. Both Milan clubs could do with making it to the KO stage of CL. Inter will soon be owned by KSA in any case.
Bottom line is
AC Milan Debt : $0.00, Milan losses cut in half since last season
Inter Debt : $600million, Inter losses more than double since last season
Juventus Debt: $450million, Juventus losses more than double since last season
Definitely NOT similar, Juve and Inter are treading water with a 50kg weight tied to their feet, Milan are swimming like a shark