The Nerazzurri president at the shareholders’ meeting: “What we have achieved so far is just the starting point; owning the stadium is essential.” Inter Revenues surpass 400 million.
“We will fight for the second star, but above all, the road ahead of us is still long,” said Steven Zhang as he addressed the shareholders during Inter’s assembly meeting, which approved the financial results of the 2022-2023 season.
As of June 30, there is a reduction in losses from €140 to €85 million, with a total revenue of €425 million, an increase of approximately €60 million in revenues (excluding player trading). the Nerazzurri president outlined the club’s direction:
“This past year has confirmed the extraordinary growth of our club. We are once again among the top clubs in Europe, and to eternally inscribe ourselves in the history of this club, we will fight for the second star.”
PRESIDENT’S WORDS
Zhang, connected from China, thanked everyone who works at the club – athletes, staff, executives – for the sporting results of the past season, and then outlined the growth prospects that the ownership aspires to:
“The continued support of the majority shareholder has contributed to sustaining the club’s development and ambitions. This season, we have also realized that our ambition does not stop here. Today, Inter is a modern, innovative, digital company, a brand that transcends the boundaries of football fields. Maximum commitment is required to continue on the virtuous path towards financial stability.”
The departure from the Giuseppe Meazza stadium is in line with this vision, as confirmed by the Inter president: “We are decisively pushing forward with the project for a new stadium, it is of strategic importance, essential for the club.”
CLUB GOALS ACHIEVED
Among the accolades that the club proudly displayed on the day of the shareholders’ meeting, it was also announced that the parameters and the goals specified in the UEFA settlement agreement were respected and achieved, -as well as the historic record of 80 million euros in revenue. Income from audiovisual rights has increased, and it should be noted that in 2023, Suning injected new shareholder financing of 51 million euros and recapitalized the company by 86 million euros.
