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World Football

Inter Milan release financial results for 2022-23 season

Rajarshi has been part of Khel Now since 2022, and he covers world football.
Published at :October 27, 2023 at 2:25 AM
Modified at :October 27, 2023 at 2:25 AM
Inter Milan release financial results for 2022-23 season

Inter Milan won a domestic trophy & reached the UCL final

26 October 2023, Inter Milan Following today's meeting, which was facilitated by a video conference from Nanjing, the F.C. Internazionale Milano S.p.A.

Shareholders' Meeting accepted the financial statement for the 2022–2023 fiscal year, as did CEOs Giuseppe Marotta and Alessandro Antonello for Corporate and Sport.

Comparing the fiscal year ending June 30, 2023, to the financial year 2021-22, expenditures were significantly reduced as well, falling from €140 million to €85 million, or a decrease of €55 million. With player transactions excluded, the season's total income came to €425 million, an increase of about €60 million.

Inter Milan made it to the UEFA Champions League final and brought in the most money the club has ever made from matchday sales, which came to over €80 million, during the first season since 2020 that games were played with the stadium gates fully open.

Due to the team's outstanding accomplishments, which added a ninth Coppa Italia and a seventh Italian Super Cup to the club's trophy cabinet, revenue from multimedia rights also climbed dramatically.

Operating expenses decreased from €528 million to €465.5 million as a result of moves made during the summer transfer period in 2022, which also reduced the club's payroll.

The majority owner recapitalized the club with €86 million and gave new shareholder loans totalling €51 million throughout the 2023 calendar year.

These expenditures enhanced infrastructure fostered organisational growth at Inter Milan, and supported the team's athletic goals.

Inter Milan believes that they have met the conditions of the UEFA Settlement Agreement and rules out the prospect of fines with regard to the previous season according to the results in its financial statements accepted at today's meeting.

Rajarshi Shukla
Rajarshi Shukla

After earning a bachelor's degree in mass media, Rajarshi began his career as a sports writer in 2019, driven by his passion for sports journalism. He has been working in the field for over six years. A devoted fan of Lionel Messi and Barcelona, Rajarshi has been involved in sports since childhood. Before turning his focus to journalism, he even represented his college at the state level. Along with covering football, he enjoys playing the game, watching movies, and experimenting with new recipes in his spare time, as cooking is one of his favorite hobbies.

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