Inter Milan recorded a loss of €102.4 million for the 2019/20 season, a period remembered for the massive impact the coronavirus pandemic had on football. The club's loss is more than tice that of the preceding year.
If it had not been for deferred income, turnover would have been stable at €423.7m.
Their results were revealed after a number of other big Italian clubs presented historic deficits; AS Roma a loss of €204 million; AC Milan €195 million; and Juventus €89.7 million.
"The financial year saw economic and financial streamlining measures implemented, with a particular focus on monitoring costs and carefully managing working capital, investment and liquidity," the club said in a statement.
Comments
Post a Comment