Behind Inter's loss of 85 million, the selling rumors may be true

Last season, Inter were perhaps the most successful team in all of Italy. The Serie A champion belongs to Napoli, and they only have one Coppa Italia and the Italian Super Cup, but the team has reached the Champions League final again after the 09-10 season, and Manchester City has played back and forth, if not Rodri will hold the bow like a full moon, play a post plugged in, the title ownership is actually unknown.

After such a fiscal year, Inter's financial situation should theoretically be better, but the reality is still grim. According to Inter's recent financial reports, the Nerazzurri have significantly reduced their losses last season, but only reduced their single-season losses from 140 million to 85 million euros, and debt will remain Inter's worst enemy for some time to come.

Just looking at Inter's financial reports, Zhang Kangyang and Marotta are actually doing quite well. In terms of operating cost control, Inter's operating costs have been reduced from €528 million to €465.5 million because of the big contract of Romelu Lukaku and a season of salary cuts, which also allows Inter to remain competitive while maintaining the possibility of lightweight operations in the future.

Spending has decreased, while Inter's income has maintained its upward momentum. As the team's money-making heroes, the fans of the Meazza North Stand were fully committed, allowing Inter to take the first place in Serie A, relying on last year's staggering 28 home games, the Nerasoneri could net more than 80 million in matchday income alone, a record level - in fact, if Inter could have their own stadium, the Nerazzurri's ability to attract money would be even more intimidating.

But even so, Inter's books are still loss-making. The most immediate problem that dragged down the team's finances was the high interest generated by the previous debt, and as early as last December, Zhang Kangyang personally owed more than 300 million euros to Oaktree Capital, which made Inter have to repay at least 40 million euros in interest every year. Now in less than a year, this interest has exceeded 50 million euros...

In view of this, Inter are still a tightening strategy in terms of business strategy. The most obvious change comes from the youth team, in order to open source the throttling, Inter cut the player establishment from 133 to 72, and the majority of the head is basically on the youth players. Such a strategy may be a bit exhausting, but because of this measure, Inter have reduced their salary expenditure by 15 percentage points.

At present, in order to reverse the team's financial situation, Zhang Kangyang has put his hopes on the team's commercial development. During the Moratti and Tohir years, Inter did not attach much importance to commercial development, but after Suning took over Inter, the team finally began to explore its own commercial value on a large scale. As a veteran partner, Nike is naturally going to renew the contract, and Paramount is the chest advertisement of Inter that makes Chelsea envious and jealous, but Inter's losses are largely bad on the shirt sponsors Digitalbits - because more than 20 million euros of sponsorship fees have not been cashed, Inter's financial situation has fallen to freezing point.

But for Inter, the situation may not be so bad. With acquisitions by other teams, Inter's bonds are Z-bonds, which are the last of the many bonds issued by the issuer. This also means that once Zhang Kangyang cannot pay the debt, the final price is only to forcibly transfer Inter, and will not repay the loan with Inter's cash flow, short-term turmoil is inevitable, but this will not affect Inter's long-term plan.