Inter has significantly reduced the red during 2023-24. The slimming cure of expenses has had an excellent impact on the accounts of the Nerazzurri club, as explained in the official note. “A further strong reduction in losses is highlighted compared to the 2022/23 fiscal year, which went from 85 to 36 million euros, a decrease of approximately 50 million euros. This result is generated on the one hand by an increase in revenues of approximately 48 million euros for a total value of 473 million euros, due to the results of the sports area which led to an increase in commercial turnover. At the same time, production costs remain almost stable compared to the previous year, for a total of 464.5 million euros. A direct consequence of these trends is a net increase in the value of production of 9 million euros, compared to a loss of 40 million euros in the previous financial year”.
There is a but. Last summer, Inter sold for 100 million between Onana, Gosens, Brozovic, Fabbian, Lazaro, Males, Colidio and Pirola. In these, only Gosens, in fact, did not represent a net capital gain, spending 67 million in revenue. Then, we must also consider the redemptions of Frattesi, Arnautovic and Carlos Augusto, for a total of another 50 million. The improvement in the balance sheet is therefore due to an increase in revenue not strictly due to the pitch and the players.
So what can we think about for the next budget? Fifteen million incoming on the market, about twenty outgoing. To be understood then there will be the eventual redemption of Valentin Carboni which could eventually change the situation. In general, the feeling is that there will be another red for a “normal” year, even if the income from the new Champions League – if it will be played – could further improve the sustainability of the Nerazzurri.