The President of the Milan Small Shareholders Association, the lawyer Giuseppe La Scalaspoke to TVPlay of Inter’s economic-financial situation. “Inter, like many other teams, from the point of view of solvency ratios, is technically bankrupt. It has been able to survive in recent years thanks to the fact that the Covid regulations have made it possible not to cover losses and to manage finance, with regard to the payment of players’ wages, in a totally loose manner. Now Inter is recovering thanks to a management of the highest quality from the point of view of containing losses, but continues to lose and burn cash.”
“Now the owners are faced with the need to repay the bonds, first of all those stipulated upstream, at the head of the control chain, at rates for which refinancing costs around 15% more per year on 400 million “.