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Finance Problems for Inter ???

bLaCknbLuE4LiFe2010-05-04 19:09:07 +0000 #1
I had a mate send me this link... and by the look of it we have to do something about it

www.forbes.com/lists...le-Milan_340007.html

Team Value 1$370(€279/£258) Million

Debt/Value 77%

Our total value is €279 million, the debt is 77% of that which is approx. €215 million...

Milan may of had a horrible season but milan have doubled our profit and overall value of team we decreased by 8% and milan grew by 24%

Out of the our major Italian teams, we're behind in all aspects; Revenue, Income, and Value. Even Roma are ahead of us.

How long will Moratti be around, will his son have the same passion that his father does in the future.. its interesting to note that Massimo is moving towards making Inter a successfull business instead of him pumping money left right and centre into the team... and it has to work in this manner we cant have our backbone on the back of 1 family...

Inter have to get their business in line before its 2 late... one solution is really having our own stadium our own home, with sound income and more marketing, thats where lack our marketing is poor despite our succes in the recent years...


Musiq2010-05-04 19:17:34 +0000 #2
Wait, what I don't get is, our revenue is €173m, income is €17m. That totals to €190m, which represents our total earnings, right?
bLaCknbLuE4LiFe2010-05-04 19:14:43 +0000 #3
Quote:

Originally Posted by Musiq

Wait, what I don't get is, our revenue is €173m, income is €17m. That totals to €190m, which represents our total earnings, right?

by my limited accouting experiance im saying the 17m is our profit
Musiq2010-05-04 19:17:37 +0000 #4
Then what's 'revenue'?
Ryan272010-05-04 20:24:43 +0000 #5
Revenue should be sales before expenses. Income is profit, or something close to it. And I think you'll see that income improve in the future as Inter stops stockpiling bloated contracts for reserve or rotation players (e.g. Vieira). The debt, though not as bad as some of the English teams, is concerning, but it's presumably Moratti's personal finances? And I think that 0% debt for Milan is inaccurate, plus I believe they and Inter are privately held and not under obligation to release actual figures. Also, I don't think those numbers include the most recent year, when Milan were not receiving CL revenue.
Musiq2010-05-04 20:05:49 +0000 #6
Someone's been paying attention in class...

Ok, and 'team value' stands for the combined estimated value of the squad? Or is it wages or something?

But its pretty clear that Inter are weeding out the high-salary boys, even if we're not making too much in transfer fees getting rid of them. Crespo, Cruz, Figo (retired), now Maxwell. I don't think we'll even buy a backup player for Maxwell, we seem to have enough fullbacks to cover. Also, our youth policy's been getting stronger. Previously, in many many years, only Oba Martins was imported from the primavera. Mancini brought out Balotelli and Bolzoni. Mourinho picked up Santon, Mei, Alfonso as well, of which the latter two have gone out on loan this year. Now this next season we'll have Krhin, Destro, Obi and Belec. Its a nice policy, promote the pick of the Primavera for a season at least, send the rest out on loan or use them as bargaining chips to drive down transfer fees. We make up the numbers in the squad as well, and pay smaller wages; while the kids get to train with the 1st team and become stars.
Ryan272010-05-04 21:21:40 +0000 #7
Quote:

Originally Posted by Musiq

Ok, and 'team value' stands for the combined estimated value of the squad? Or is it wages or something?

I'm not 100% sure, but I think it's an estimate of the value of Inter if Moratti were to put the club up for sale. Also, clubs that don't own their own stadiums (basically all Italian clubs) will be penalized versus clubs that do.

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