Last season, Inter won the Coppa Italia, placed in the top four of Serie A and advanced to the Champions League final, where they were defeated by Manchester City. Despite these successes, the club's finances and survival are still in jeopardy.
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THE BIGGER PICTURE
The blue and black side of Milan made a loss of €85 million (£74m/$95m), down from €140m (£122m/$155m) in 2022 and a record-breaking €246m (£213m/$272m) in 2021. This was achieved despite an 11.8 percent cost-cutting measure, while revenues fell by -3.2%. The drop in revenue was caused by the fact that they did not have a primary sponsor on their jersey throughout the previous season. However, in the Champions League final, they had Paramount on the front of the jersey, which brought in €4m (£3.5m/$4.5m).
DID YOU KNOW?
Inter's debt has decreased to €807m (£701m/$893m) from €881m (£765m/$975m) the previous year with the club's parent company reporting a negative net worth of €162m (£141m/$179m), which indicates their assets cannot cover their liabilities.
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The Italian giants face a significant threat to their existence and a takeover could very well follow soon if the current owners, Suning Group, do not figure out refinancing options for the club. There had earlier been reports of a potential Arab takeover of the club but no communication was made official.