Financial Insights That Matter
Italian football finance expert Marco Bellinazzo feels there is nothing to rumours of Inter Milan havcing problems registering for Serie A.
Bellinazzo gave his thoughts on Italian broadcaster Telelombardia, via Fcinter1908. He characterized the rumours around the Nerazzurri as effectively baseless.
In recent months, some strange rumours have dogged Inter Milan.
These have concerned the idea that the Nerazzurri could struggle to register for Serie A. This would be due to the club’s financial situation, and alleged breaches of the financial rules.
However, Inter Milan have indeed registered for Serie A season on season.
And by all accounts, the Nerazzurri’s financial situation has improved significantly over the last few seasons.
It is indeed the case that the Nerazzurri had significant financial struggles after the start of the COVID-19 pandemic. But they would appear to have improved significantly.
Bellinazzo Rubbishes Inter Milan Serie A Registration Problem Rumours
“In my opinion there’s nothing to suggest that [Inter would be unable to register for Serie A,]” said Italian football finance expert Marco Bellinazzo.
“Inter have had a series of financial problems,” he noted. “Moreso than other clubs.”
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“They’ve used the same legislation that was available everyone to defer covering their losses [emergency rule-changes during the pandemic-related financial crisis.]”
“And 90% of them have already been covered,” explained Bellinazzo.
“Then this put them in a position where they were easily able to register for the league. And they are not a club on the verge of liquidation.”
“If we then ask whether there should be more stringent rules, I absolutely believe so,” Bellinazzo argued.
“But if we look at Inter’s assets and the parameters for debt, wage bills, and registration, they’ve respected them,” he made clear.
“And it’s the same in Europe. Inter are under a settlement agreement they signed in 2022, and have respected it.”
“The new UEFA golden rule requires spending no more than 70% of revenues on player wages, transfer fees, and agent fees,” Bellinazzo explained.
“Inter will respect it by 2024. It’s about 60% of costs for them.”
“There’s always room for improvement,” added the football finance expert.
In conclusion, Belinazzo underlined that “But to talk about a club on the verge of liquidation and being unable to sign up for the league seems harsh to me.”
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