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Crisis clubs: Inter Milan, the ticking clock - a £287m loan, record loss and silverware (theathletic.com)

submitted 11 months ago by Chriscftb97@alien.top to c/main@soccer.forum

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[–] OldExperience8252@alien.top 1 points 11 months ago

I recommend everyone to read/listen to this series. They are focusing on 1 club in each “Big 5” league - Everton, Barcelona, Inter Milan, Lyon, and Hertha Berlin.

Regarding Inter, their situation is due to a mix of factors.

Their Chinese owner got hit by COVID and the geopolitical situation in China. They’re looking to sell and are no longer bankrolling as they used to
They got hit hard by COVID with empty stands. Meanwhile Italian the deals have started decreasing in the last 2 tenders.
Meanwhile their team costs a huge amount and they have been accumulating yearly losses
However, their getting good sporting success, and that’s despite recent cuts. They are ofcourse still a massive “brand”
The big objective is a modern stadium, something which doesn’t seem to progress as Milan authorities have protected the San Siro