Inter Milan were reportedly on the brink of bankruptcy heading into the summer of 2023, in spite of winning the Coppa Italia and becoming the Champions League 2023 finalists. The Nerazzurri have been operating under significant debt and the sales of Marcelo Brozovic to Al Nassr and Andre Onana to Manchester United were vital in keeping them afloat.
Their overall debt reduced from €881 to €807 million this summer, with the stagnation mainly being their loss of revenue. Their income is estimated to be down -3.2% to €425 million, with a cost cutting of around 11% also not helping them enough.
Inter Milan remain financially troubled in spite of summer sales
A top four finish, a Champions League final spot and a Coppa Italia win wasn’t enough to help the black and blue side with their finances last season. One of the main reasons behind it was their shirt sponsorship fallout with Digital Bits. They eventually played with Paramount+ on their shirt for the Champions League final, for which they earned €4 million.
But even then, their assets simply aren’t enough to cover for their massive debt. The loss in revenue over the last three years, dating back to the pandemic, has been a huge blow from which they are still recovering.
The Suning Company is not allowed to invest in Inter Milan due to Chinese government regulations. And plans to sell the club have not led anywhere as well, with no party willing to put forth an offer right now.
The debt shows no signs of clearing out anytime soon, and a persistent situation could result in a change of ownership sooner than later to help finance the club.
