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==Corporate== FC Internazionale Milano [[Società per azioni|S.p.A.]] was heavily dependent on the financial contribution from the owner [[Massimo Moratti]].<ref>{{Cite news |date=9 October 2011 |title=Moratti, 40 milioni per coprire il buco |url=http://www.gazzetta.it/premium/plus/Calcio/Squadre/Inter/09-10-2011/io-pago-moratti-assegno-40-milioni-coprire-buco-803220510282.shtml |url-status=live |archive-url=https://web.archive.org/web/20180409105921/http://www.gazzetta.it/premium/plus/Calcio/Squadre/Inter/09-10-2011/io-pago-moratti-assegno-40-milioni-coprire-buco-803220510282.shtml |archive-date=9 April 2018 |access-date=8 April 2018 |work=La Gazzetta dello Sport |language=it}}</ref><ref>{{Cite news |date=22 October 2005 |title=Why are Russians oiling the wheels of football? |url=https://www.ft.com/content/2cf3066e-4257-11da-94c2-00000e2511c8 |url-status=live |archive-url=https://web.archive.org/web/20180409043331/https://www.ft.com/content/2cf3066e-4257-11da-94c2-00000e2511c8 |archive-date=9 April 2018 |access-date=8 April 2018 |work=Financial Times}}</ref><ref>{{Cite book |last=Morrow |first=Stephen |url=https://books.google.com/books?id=ae3CVjGoRiYC |title=The People's Game?: Football, Finance and Society |date=2003 |publisher=Palgrave Macmillan |isbn=9780230288393 |pages=120–123 |access-date=8 April 2018 |archive-url=https://web.archive.org/web/20180409043243/https://books.google.com.au/books?id=ae3CVjGoRiYC |archive-date=9 April 2018 |url-status=live}}</ref><ref>{{Cite book |last=Calzada |first=Esteve |url=https://books.google.com/books?id=TZs2AAAAQBAJ |title=Show Me the Money!: How to Make Money Through Sports Marketing |date=2013 |publisher=Bloomsbury Publishing |isbn=9781472903020 |page=10 |access-date=8 April 2018 |archive-url=https://web.archive.org/web/20180408210318/https://books.google.com.au/books?id=TZs2AAAAQBAJ |archive-date=8 April 2018 |url-status=live}}</ref> In June 2006, the shirt sponsor and the minority shareholder of the club, [[Pirelli]], sold 15.26% shares of the club to Moratti family, for €13.5 million. The tyre manufacturer retained 4.2%.<ref>{{Cite web |date=31 May 2007 |title=Annual Report 2006 |url=http://www.pirelli.com/investor/2006/English/Download/Pirelli-2006-bilancio.pdf |url-status=dead |archive-url=https://web.archive.org/web/20130124204837/http://www.pirelli.com/investor/2006/English/Download/Pirelli-2006-bilancio.pdf |archive-date=24 January 2013 |access-date=20 January 2016 |publisher=Pirelli & C. S.p.A.}}</ref> However, due to several capital increases of Inter, such as a reversed merger with an intermediate holding company, Inter Capital S.r.l. in 2006, which held 89% shares of Inter and €70 million capitals at that time, or issues new shares for €70.8 million in June 2007,<ref>{{Cite web |date=22 June 2007 |title=Assemblea Straordinaria: comunicato ufficiale |url=http://www.inter.it/it/news/37826 |url-status=live |archive-url=https://web.archive.org/web/20160126191814/http://www.inter.it/it/news/37826 |archive-date=26 January 2016 |access-date=21 January 2016 |publisher=FC Internazionale Milano |language=it}}</ref> €99.9 million in December 2007,<ref name=Assemblea2007/> €86.6 million in 2008,<ref name=Inter2008bilancio/> €70 million in 2009,<ref name=Inter2009bilancio/><ref name=Assemblea2009/> €40 million in 2010 and 2011,<ref name=Inter2011bilancio/><ref name=Assemblea2010/><ref name=Inter2012bilancio/><ref name=Assemblea2011/> €35 million in 2012<ref name=Inter2013bilancio/><ref>{{Cite web |date=29 October 2012 |title=Assemblea Soci Inter: approvato il bilancio |url=http://www.inter.it/it/news/60003 |url-status=live |archive-url=https://web.archive.org/web/20160126192657/http://www.inter.it/it/news/60003 |archive-date=26 January 2016 |access-date=20 January 2016 |publisher=FC Internazionale Milano |language=it}}</ref> or allowing Thoir subscribed €75 million new shares of Inter in 2013, Pirelli became the third largest shareholders of just 0.5%, {{as of|2015|December|31|lc=y}}.<ref name="Pirelli2015bilancio">{{Cite web |date=2016 |title=Annual Report 2015 |url=https://www.pirelli.com/mediaObject/corporate/documents/common/investors/annual-report-2015/AnnualREport_2015_eng/original/AnnualREport_2015_eng.pdf |url-status=live |archive-url=https://web.archive.org/web/20160629120637/https://www.pirelli.com/mediaObject/corporate/documents/common/investors/annual-report-2015/AnnualREport_2015_eng/original/AnnualREport_2015_eng.pdf |archive-date=29 June 2016 |access-date=14 June 2016 |publisher=Pirelli}}</ref> Inter had yet another recapitalization that was reserved for [[Suning Holdings Group]] in 2016. In the prospectus of Pirelli's second IPO in 2017, the company also revealed that the value of the remaining shares of Inter that was owned by Pirelli, was write-off to zero in 2016 financial year. Inter also received direct capital contribution from the shareholders to cover loss which was excluded from issuing shares in the past. ({{langx|it|versamenti a copertura perdite}}) Right before the takeover of Thohir, the consolidated balance sheets of "Internazionale Holding S.r.l." showed the whole companies group had a bank debt of €157 million, including the bank debt of a subsidiary "Inter Brand Srl", as well as the club itself, to [[Istituto per il Credito Sportivo]] (ICS), for €15.674 million on the balance sheet at the end of the 2012–13 financial year.<ref>Internazionale Holding S.r.l. ''bilancio'' (financial report and accounts) on 30 June 2013 (in Italian), PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]]</ref> In 2006, Inter sold its brand to the new subsidiary, "Inter Brand S.r.l.", a [[special purpose entity]] with a shares capital of €40 million, for €158 million (the deal made Internazionale make a net loss of just €31 million in a separate financial statement<ref>{{Cite web |date=6 November 2006 |title=Assemblea: Massimo Moratti Presidente |url=http://www.inter.it/it/news/35076 |url-status=live |archive-url=https://web.archive.org/web/20160129131252/http://www.inter.it/it/news/35076 |archive-date=29 January 2016 |access-date=23 January 2016 |publisher=FC Internazionale Milano |language=it}}</ref><ref>FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2006, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref>). At the same time, the subsidiary secured a €120 million loan from [[Banca Antonveneta]],<ref>{{Cite news |date=10 January 2007 |title=All'Inter il primato del deficit: 181,5 milioni |url=http://www.ilsole24ore.com/art/SoleOnLine4/Economia%20e%20Lavoro/2007/01/gdragoni_100107_inter_primato_deficit.shtml |url-status=live |archive-url=https://web.archive.org/web/20160127080723/http://www.ilsole24ore.com/art/SoleOnLine4/Economia%20e%20Lavoro/2007/01/gdragoni_100107_inter_primato_deficit.shtml |archive-date=27 January 2016 |access-date=22 January 2016 |work=Il Sole 24 Ore |language=it}}</ref> which would be repaid in installments until 30 June 2016;<ref>Inter Brand S.r.l. ''bilancio'' (financial report and accounts) on 31 December 2006, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref> ''[[La Repubblica]]'' described the deal as "doping".<ref>{{Cite news |date=9 November 2006 |title=Il "doping" nei conti dei big del pallone perdite complessive oltre i 68 milioni |url=http://www.repubblica.it/2006/11/sezioni/sport/calcio/doping-bilanci/doping-bilanci/doping-bilanci.html |url-status=live |archive-url=https://web.archive.org/web/20180830041606/http://www.repubblica.it/2006/11/sezioni/sport/calcio/doping-bilanci/doping-bilanci/doping-bilanci.html |archive-date=30 August 2018 |access-date=8 April 2018 |work=La Repubblica |language=it}}</ref> In September 2011, Inter secured a loan from ICS by factoring the sponsorship of [[Pirelli]] of 2012–13 and 2013–14 season, for €24.8 million, in an interest rate of 3 months [[Euribor]] + 1.95% [[Net interest spread|spread]].<ref name=Inter2012bilancio/> In June 2014, new Inter Group secured €230 million loan<ref>{{Cite news |date=26 June 2014 |title=Refinancing 230 million euro of Inter Milan debt |url=https://asia.nikkei.com/Business/ASEAN-Business-File/Refinancing-230-million-euro-of-Inter-Milan-debt |url-status=live |archive-url=https://web.archive.org/web/20180409043030/https://asia.nikkei.com/Business/ASEAN-Business-File/Refinancing-230-million-euro-of-Inter-Milan-debt |archive-date=9 April 2018 |access-date=8 April 2018 |work=nikkei Asian Review}}</ref><ref>{{Cite news |date=2 May 2014 |title=Inter, la rivoluzione di Thohir passa da un'operazione di ingegneria finanziaria. Ma il club si gioca tutto in 5 anni |url=http://www.ilsole24ore.com/art/notizie/2014-05-02/inter-rivoluzione-thohir-passa-un-operazione-ingegneria-finanziaria-ma-club-si-gioca-tutto-5-anni-182307.shtml?uuid=ABi6TLFB |url-status=live |archive-url=https://web.archive.org/web/20180409043246/http://www.ilsole24ore.com/art/notizie/2014-05-02/inter-rivoluzione-thohir-passa-un-operazione-ingegneria-finanziaria-ma-club-si-gioca-tutto-5-anni-182307.shtml?uuid=ABi6TLFB |archive-date=9 April 2018 |access-date=8 April 2018 |work=il sole 24 ore |language=it}}</ref><ref>{{Cite news |date=21 November 2014 |title=Inter, buchi in bilancio e tiri Mancini |url=http://espresso.repubblica.it/plus/articoli/2014/11/21/news/inter-buchi-in-bilancio-e-tiri-mancini-1.188880 |url-status=live |archive-url=https://web.archive.org/web/20180408210330/http://espresso.repubblica.it/plus/articoli/2014/11/21/news/inter-buchi-in-bilancio-e-tiri-mancini-1.188880 |archive-date=8 April 2018 |access-date=8 April 2018 |work=L'Espresso |language=it}}</ref> from [[Goldman Sachs]] and [[UniCredit]] at a new interest rate of 3 months Euribor + 5.5% spread, as well as setting up a new subsidiary to be the debt carrier: "Inter Media and Communication S.r.l.". €200 million of which would be utilized in debt refinancing of the group. The €230million loan, €1 million (plus interests) would be due on 30 June 2015, €45 million (plus interests) would be repaid in 15 installments from 30 September 2015 to 31 March 2019, as well as €184 million (plus interests) would be due on 30 June 2019.<ref name=Inter2014bilancio/> In ownership side, the Hong Kong-based International Sports Capital HK Limited, had pledged the shares of Italy-based International Sports Capital S.p.A. (the direct holding company of Inter) to [[CPP Investment Board|CPPIB]] Credit Investments for €170 million in 2015, at an interest rate of 8% p.a (due March 2018) to 15% p.a. (due March 2020).<ref>[https://www.icris.cr.gov.hk/csci/ Filing] {{Webarchive|url=https://web.archive.org/web/20160325014715/https://icris.cr.gov.hk/csci/ |date=25 March 2016 }} in Hong Kong Companies Registry</ref> ISC repaid the notes on 1 July 2016 after they sold part of the shares of Inter to [[Suning Holdings Group]]. However, in the late 2016 the shares of ISC S.p.A. was pledged again by ISC HK to private equity funds of OCP Asia for US$80 million.<ref>{{Cite web |date=27 January 2017 |title=Thohir, prestito di 80 mln dando in pegno la società con le azioni Inter |url=http://www.calcioefinanza.it/2017/01/27/prestito-thohir-inter-data-pegno/ |url-status=live |archive-url=https://web.archive.org/web/20170826074218/http://www.calcioefinanza.it/2017/01/27/prestito-thohir-inter-data-pegno/ |archive-date=26 August 2017 |access-date=14 November 2017 |website=Calcio e Finanza |language=it}}</ref> In December 2017, the club also refinanced its debt of €300 million, by issuing corporate bond to the market, via [[Goldman Sachs]] as the bookkeeper, for an interest rate of 4.875% p.a.<ref>{{Cite news |date=11 December 2017 |title=Inter lancia Media Bond garantito |url=http://www.ansa.it/lombardia/notizie/2017/12/11/inter-lancia-media-bond-garantito_dc373c83-2d1f-4f13-9b37-d34bc1593040.html |url-status=live |archive-url=https://web.archive.org/web/20171211173549/http://www.ansa.it/lombardia/notizie/2017/12/11/inter-lancia-media-bond-garantito_dc373c83-2d1f-4f13-9b37-d34bc1593040.html |archive-date=11 December 2017 |access-date=12 December 2017 |language=it |agency=ANSA}}</ref><ref>{{Cite news |last=Bellinazzo |first=Marco |date=11 December 2017 |title=L'Inter punta a ristrutturare i debiti fino al 2022: lanciato un prestito obbligazionario da 300 milioni |url=http://marcobellinazzo.blog.ilsole24ore.com/2017/12/11/linter-punta-a-ristrutturare-i-debiti-fino-al-2022-lanciato-un-prestito-obbligazionario-da-300-milioni/ |url-status=live |archive-url=https://web.archive.org/web/20171211142507/http://marcobellinazzo.blog.ilsole24ore.com/2017/12/11/linter-punta-a-ristrutturare-i-debiti-fino-al-2022-lanciato-un-prestito-obbligazionario-da-300-milioni/ |archive-date=11 December 2017 |access-date=12 December 2017 |work=il Sole 24 Ore |department=Calcio & business blog |language=it}}</ref><ref>{{Cite web |title=Comunicato ufficiale |url=https://www.inter.it/it/news/2017/12/14/comunicato-ufficiale.html |url-status=live |archive-url=https://web.archive.org/web/20171215221204/http://www.inter.it/it/news/84801/comunicato-ufficiale |archive-date=15 December 2017 |access-date=22 April 2021 |website=Inter Official Site}}</ref> Considering revenue alone, Inter surpassed city rivals in [[Deloitte Football Money League]] for the first time, in the 2008–2009 season, to rank in ninth place, one place behind Juventus in eighth place, with Milan in tenth place.<ref>{{Cite web |title=Real Madrid becomes the first sports team in the world to generate €400m in revenues as it tops Deloitte Football Money League |url=http://www.deloitte.com/view/en_GB/uk/industries/sportsbusinessgroup/d039400401a17210VgnVCM100000ba42f00aRCRD.htm |url-status=dead |archive-url=https://web.archive.org/web/20100805224812/http://www.deloitte.com/view/en_GB/uk/industries/sportsbusinessgroup/d039400401a17210VgnVCM100000ba42f00aRCRD.htm |archive-date=5 August 2010 |access-date=7 January 2013 |publisher=Deloitte}}</ref> In the 2009–10 season, Inter remained in ninth place, surpassing Juventus (10th) but Milan re-took the leading role as the seventh.<ref name="Deloitte2011">{{Cite book |url=http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/Industries/Sports%20Business%20Group/UK_SBG_DFML2011.pdf |title=The untouchables Football Money League |date=February 2011 |publisher=Deloitte |access-date=6 November 2018 |archive-url=https://web.archive.org/web/20111125071254/http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/Industries/Sports%20Business%20Group/UK_SBG_DFML2011.pdf |archive-date=25 November 2011 |department=Sports Business Group}}</ref> Inter became the eighth in 2010–2011,<ref name="Deloitte2012">{{Cite book |url=http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/Industries/Sports%20Business%20Group/uk-sbg-dfml-2012-final.pdf |title=Fan power Football Money League |date=February 2012 |publisher=Deloitte |page=18 |access-date=6 November 2018 |archive-url=https://web.archive.org/web/20141015185921/http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/Industries/Sports%20Business%20Group/uk-sbg-dfml-2012-final.pdf |archive-date=15 October 2014 |department=Sports Business Group}}</ref> but was still one place behind Milan. Since 2011, Inter fell to 11th in 2011–12, 15th in 2012–13, 17th in 2013–14, 19th in 2014–15<ref>{{Cite book |url=https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Audit/deloitte-uk-sport-football-money-league-2016.pdf |title=Top of the table Football Money League |date=January 2016 |publisher=Deloitte |page=34 |access-date=6 November 2018 |archive-url=https://web.archive.org/web/20180904211407/https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Audit/deloitte-uk-sport-football-money-league-2016.pdf |archive-date=4 September 2018 |url-status=live |department=Sports Business Group}}</ref> and 2015–16 season.<ref>{{Cite book |url=https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-sport-football-money-league-2017.pdf |title=Planet Football Football Money League |date=January 2017 |publisher=Deloitte |page=38 |access-date=6 November 2018 |archive-url=https://web.archive.org/web/20171119091536/https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-sport-football-money-league-2017.pdf |archive-date=19 November 2017 |url-status=dead |department=Sports Business Group}}</ref> In 2016–17 season, Inter was ranked 15th in the ''Money League''.<ref>{{Cite book |url=https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-sbg-dfml2018.pdf |title=Rising stars Football Money League |date=January 2018 |publisher=Deloitte |page=40 |access-date=6 November 2018 |archive-url=https://web.archive.org/web/20180123190758/https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-sbg-dfml2018.pdf |archive-date=23 January 2018 |url-status=live |department=Sports Business Group}}</ref> In 2010 ''Football Money League'' (2008–09 season), the normalized revenue of €196.5 million were divided up between matchday (14%, €28.2 million), broadcasting (59%, €115.7 million, +7%, +€8 million) and commercial (27%, €52.6 million, +43%).<ref name=deloitteleague2010/> Kit sponsors Nike and Pirelli contributed €18.1 million and €9.3 million respectively to commercial revenues, while broadcasting revenues were boosted €1.6 million (6%) by Champions League distribution. Deloitte expressed the idea that issues in Italian football, particularly matchday revenue issues, were holding Inter back compared to other big European clubs, and developing their own stadia would result in Serie A clubs being more competitive on the world stage.<ref name="deloitteleague2010">{{Cite web |date=March 2010 |title=Spanish Masters Football Money League |url=https://www.deloitte.co.uk/registrationforms/pdf/DeloitteFML2010.pdf |url-status=dead |archive-url=https://web.archive.org/web/20130511013626/https://www.deloitte.co.uk/registrationforms/pdf/DeloitteFML2010.pdf |archive-date=11 May 2013 |access-date=7 January 2013 |publisher=Deloitte |page=15 |department=Sports Business Group}}</ref> In the 2009–10 season, the revenue of Inter was boosted by the sales of [[Zlatan Ibrahimović|Ibrahimović]], the [[Treble (association football)|treble]] and the release clause of coach [[José Mourinho]].<ref name="Inter2010bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2010, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref> According to the normalized figures by Deloitte in their 2011 ''Football Money League'', in the 2009–10 season, the revenue had increased €28.3 million (14%) to €224.8 million. The ratio of matchday, broadcasting and commercial in the adjusted figures was 17%:62%:21%.<ref name=Deloitte2011/> For the 2010–11 season, Serie A clubs started negotiating club TV rights collectively rather than individually.<ref name="collectiveTVrights">{{Cite news |date=21 February 2009 |title=Premier League v Serie A: TV money |url=http://news.bbc.co.uk/sport2/hi/football/europe/7903417.stm |url-status=live |archive-url=https://web.archive.org/web/20181106094744/http://news.bbc.co.uk/sport2/hi/football/europe/7903417.stm |archive-date=6 November 2018 |access-date=6 November 2018 |work=BBC Sport}}</ref> This was predicted to result in lower broadcasting revenues for big clubs such as Juventus<ref name=collectiveTVrights/> and Inter,<ref name=deloitteleague2010/> with smaller clubs gaining from the loss. Eventually the result included an extraordinary income of €13 million from [[RAI]].<ref name=Inter2011bilancio/> In 2012 ''Football Money League'' (2010–11 season), the normalized revenue was €211.4 million. The ratio of matchday, broadcasting and commercial in the adjusted figures was 16%:58%:26%.<ref name=Deloitte2012/> However, combining revenue and cost, in the 2006–07 season they had a net loss of €206 million<ref name="Assemblea2007">{{Cite news |date=27 December 2007 |title=Assemblea dei Soci: approvato il bilancio |url=http://www.inter.it/aas/news/reader?N=39878&L=it |url-status=dead |archive-url=https://web.archive.org/web/20121012171307/http://www.inter.it/aas/news/reader?N=39878&L=it |archive-date=12 October 2012 |access-date=5 August 2011 |publisher=FC Internazionale Milano |language=it}}</ref><ref name="Inter2007bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2007 (in Italian), PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]]</ref> (€112 million extraordinary basis, due to the abolition of non-standard accounting practice of the [[Articolo 18-bis Legge 91/1981|special amortization fund]]), followed by a net loss of €148 million in the 2007–08 season,<ref name="Inter2008bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2008, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref> a net loss of €154 million in 2008–09 season,<ref name="Inter2009bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2009, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref><ref name="Assemblea2009">{{Cite news |date=26 October 2009 |title=Assemblea Soci Inter: approvato il bilancio |url=http://www.inter.it/aas/news/reader?N=46182&L=it |url-status=dead |archive-url=https://web.archive.org/web/20121012171453/http://www.inter.it/aas/news/reader?N=46182&L=it |archive-date=12 October 2012 |access-date=5 August 2011 |publisher=FC Internazionale Milano |language=it}}</ref> a net loss of €69 million in the 2009–10 season,<ref name="Assemblea2010">{{Cite news |date=28 October 2010 |title=Assemblea Soci Inter: ricavi, oltre 300 milioni |url=http://www.inter.it/aas/news/reader?N=50038&L=it |url-status=dead |archive-url=https://web.archive.org/web/20121012171513/http://www.inter.it/aas/news/reader?N=50038&L=it |archive-date=12 October 2012 |access-date=5 August 2011 |publisher=FC Internazionale Milano |location=Milan |language=it}}</ref><ref name=Inter2010bilancio/> a net loss of €87 million in the 2010–11 season,<ref name="Inter2011bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2011, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref><ref name="Assemblea2011">{{Cite news |date=28 October 2011 |title=Assemblea Soci Inter: approvato il bilancio |url=http://www.inter.it/aas/news/reader?N=54903&L=it |url-status=dead |archive-url=https://web.archive.org/web/20111029123908/http://www.inter.it/aas/news/reader?N=54903&L=it |archive-date=29 October 2011 |access-date=22 February 2012 |publisher=FC Internazionale Milano |language=it}}</ref><ref>{{Cite news |date=29 October 2011 |title=Inter, 87 milioni di perdite ora si fa dura col fair play |url=http://archiviostorico.gazzetta.it/2011/ottobre/29/Inter_milioni_perdite_ora_dura_ga_10_1110291621.shtml |url-status=live |archive-url=https://web.archive.org/web/20181106210740/http://archiviostorico.gazzetta.it/2011/ottobre/29/Inter_milioni_perdite_ora_dura_ga_10_1110291621.shtml |archive-date=6 November 2018 |access-date=6 November 2018 |work=La Gazzetta dello Sport |location=Milan |language=it}}</ref> a net loss of €77 million in the 2011–12 season,<ref name="Inter2012bilancio">FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2012, PDF purchased from [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] (in Italian)</ref> a net loss of €80 million in the 2012–13 season<ref name=Inter2013bilancio/> and a net profit of €33 million in 2013–14 season, due to special income from the establishment of subsidiary Inter Media and Communication.<ref>{{Cite news |date=20 October 2014 |title=Inter: buco di 103 milioni, sanzione Uefa in arrivo. Thohir: "2–3 anni per risanare" |url=https://www.gazzetta.it/Calcio/Serie-A/Inter/20-10-2014/inter-bilancio-buco-103-milioni-sanzione-uefa-arrivo-thohir-2-3-anni-risanare-90799031084.shtml |url-status=live |archive-url=https://web.archive.org/web/20181106171731/https://www.gazzetta.it/Calcio/Serie-A/Inter/20-10-2014/inter-bilancio-buco-103-milioni-sanzione-uefa-arrivo-thohir-2-3-anni-risanare-90799031084.shtml |archive-date=6 November 2018 |access-date=6 November 2018 |work=La Gazzetta dello Sport |location=Milan |language=it |quote=E nel bilancio ratificato oggi è stata resa nota un'operazione straordinaria infragruppo che ha coinvolto la capogruppo e le controllate Inter Brand e Inter Media: per questo motivo nel bilancio di Fc Internazionale risulta un utile di 33 milioni di euro.}}</ref> All aforementioned figures were in separate [[financial statement]]. Figures from [[consolidated financial statement]] were announced since the 2014–15 season, which were net losses of €140.4 million (2014–15),<ref>{{Cite news |date=20 October 2015 |title=Inter, perdita consolidata di 140,4 milioni. Bisogna puntare alla Champions |url=http://www.gazzetta.it/Calcio/Serie-A/Inter/20-10-2015/inter-perdita-consolidata-140-milioni-bisogna-puntare-champions-mazzarri-thohir-130579006877.shtml |url-status=live |archive-url=https://web.archive.org/web/20181106210721/https://www.gazzetta.it/Calcio/Serie-A/Inter/20-10-2015/inter-perdita-consolidata-140-milioni-bisogna-puntare-champions-mazzarri-thohir-130579006877.shtml |archive-date=6 November 2018 |access-date=8 April 2018 |work=La Gazzetta dello Sport |language=it}}</ref><ref name="Inter2016bilancioc">{{Cite book |title=FC Internazionale Milano S.p.A. bilancio consolidato 2016-06-30 |date=2016 |publisher=Italian [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] |language=it}}</ref> €59.6 million<ref name=Inter2016bilancioc/><ref>{{Cite news |date=29 October 2016 |title=Inter, rosso giù a 60 milioni, ma nuovo maxi-prestito dalle banche di 300 |url=https://www.gazzetta.it/Calcio/Serie-A/Inter/28-10-2016/inter-rosso-60-milioni-bilancio-170641952267.shtml |url-status=live |archive-url=https://web.archive.org/web/20181106132252/https://www.gazzetta.it/Calcio/Serie-A/Inter/28-10-2016/inter-rosso-60-milioni-bilancio-170641952267.shtml |archive-date=6 November 2018 |access-date=6 November 2018 |work=La Gazzetta dello Sport |location=Milan |language=it}}</ref> (2015–16 season, before 2017 restatement)<ref name=Inter2017bilancioc/> and €24.6 million (2016–17).<ref name="Inter2017bilancioc">{{Cite book |title=FC Internazionale Milano S.p.A. bilancio consolidato 2017-06-30 |date=2017 |publisher=Italian [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] |language=it}}</ref><ref>{{Cite news |date=27 October 2017 |title=Inter, S. Zhang: "Meritiamo l'Europa. Ringrazio Spalletti per il grande lavoro" |url=https://www.gazzetta.it/Calcio/Serie-A/Inter/27-10-2017/inter-ok-bilancio-2017-rispettati-parametri-fair-play-230182915638.shtml |url-status=live |archive-url=https://web.archive.org/web/20181106132210/https://www.gazzetta.it/Calcio/Serie-A/Inter/27-10-2017/inter-ok-bilancio-2017-rispettati-parametri-fair-play-230182915638.shtml |archive-date=6 November 2018 |access-date=6 November 2018 |work=La Gazzetta dello Sport |location=Milan |language=it}}</ref> In 2015, Inter and Roma were the only two Italian clubs that were sanctioned by the UEFA due to their breaking of [[UEFA Financial Fair Play Regulations]],<ref name="Settlement">{{Cite web |date=8 May 2015 |title=Settlement agreements: details |url=http://www.uefa.org/protecting-the-game/club-licensing-and-financial-fair-play/news/newsid=2244685.html |url-status=live |archive-url=https://web.archive.org/web/20160203023442/http://www.uefa.org/protecting-the-game/club-licensing-and-financial-fair-play/news/newsid=2244685.html |archive-date=3 February 2016 |access-date=16 January 2016 |publisher=UEFA}}</ref> which was followed by [[AC Milan]] which was once barred from returning to European competition in 2018. As a probation to avoid further sanction, Inter agreed to have a three-year aggregate break-even from 2015 to 2018, with the 2015–16 season being allowed to have a net loss of a maximum of €30 million, followed by break-even in the 2016–17 season and onwards. Inter was also fined €6 million plus an additional €14 million in probation.<ref name=Settlement/> Inter also made a financial trick in the transfer market in mid-2015, in which [[Stevan Jovetić]] and [[Miranda (footballer, born 1984)|Miranda]] were signed by Inter on temporary deals plus an obligation to sign outright in 2017, making their cost less in the loan period.<ref name=Inter2015bilancio/> Moreover, despite heavily investing in new signings, namely [[Geoffrey Kondogbia]] and [[Ivan Perišić]], signings which potentially increased the cost in amortization, Inter also sold [[Mateo Kovačić]] for €29 million, making a windfall profit.<ref name="Inter2015bilancio">{{Cite book |title=FC Internazionale Milano S.p.A. bilancio 2015-06-30 |date=2015 |publisher=Italian [[Camera di Commercio, Industria, Agricoltura e Artigianato|C.C.I.A.A.]] |language=it}}</ref> In November 2018, documents from [[Football Leaks]] further revealed that the loan signings such as [[Xherdan Shaqiri]] in January 2015, was in fact had inevitable conditions to trigger the outright purchase.<ref>{{Cite news |date=4 November 2018 |title=Inter by-passed FFP on Shaqiri |url=https://www.football-italia.net/130231/inter-passed-ffp-shaqiri |url-status=live |archive-url=https://web.archive.org/web/20181106132631/https://www.football-italia.net/130231/inter-passed-ffp-shaqiri |archive-date=6 November 2018 |access-date=6 November 2018 |work=Football Italia |location=London}}</ref> On 21 April 2017, Inter announced that their net loss (FFP adjusted) of the 2015–16 season was within the allowable limit of €30 million.<ref>{{Cite web |date=21 April 2017 |title=Inter achieves UEFA break-even target for 2016/17 |url=http://www.inter.it/en/news/58023 |url-status=live |archive-url=https://web.archive.org/web/20170423065443/http://www.inter.it/en/news/58023 |archive-date=23 April 2017 |access-date=22 April 2017 |publisher=FC Internazionale Milano}}</ref> However, on the same day, UEFA also announced that the reduction of squad size of Inter in European competitions would not be lifted yet, due to partial fulfilment of the targets in the settlement agreement.<ref>{{Cite web |date=21 April 2017 |title=Three clubs exit settlement agreement with CFCB |url=http://www.uefa.org/disciplinary/news/newsid=2460156.html |url-status=live |archive-url=https://web.archive.org/web/20170421212216/http://www.uefa.org/disciplinary/news/newsid=2460156.html |archive-date=21 April 2017 |access-date=22 April 2017 |publisher=UEFA}}</ref> The same announcement was made by UEFA in June 2018, based on Inter's 2016–17 season financial result.<ref>{{Cite press release |title=UEFA Club Financial Control Body update on monitoring for 2017/18 |date=13 June 2018 |publisher=UEFA |url=https://www.uefa.com/news-media/news/0246-0f8e613d67e1-b50cdc46c1bc-1000--uefa-club-financial-control-body-update-on-monitoring-for-20/ |access-date=17 October 2018 |url-status=live |archive-url=https://web.archive.org/web/20181018004450/https://www.uefa.com/insideuefa/protecting-the-game/club-licensing-and-financial-fair-play/news/newsid=2563057.html |archive-date=18 October 2018}}</ref> In February 2020, Inter Milan sued [[Major League Soccer]] (MLS) for [[trademark infringement]], claiming that the term "Inter" is synonymous with its club and no one else.<ref>{{Cite web |last=Mendola |first=Nicholas |date=10 February 2020 |title=MLS, Inter Miami lose key argument in Inter Milan lawsuit |url=https://soccer.nbcsports.com/2020/02/10/inter-milan-serie-a-lawsuit-inter-miami-major-league-soccer/ |url-status=live |archive-url=https://web.archive.org/web/20210521032454/https://soccer.nbcsports.com/2020/02/10/inter-milan-serie-a-lawsuit-inter-miami-major-league-soccer/ |archive-date=21 May 2021 |access-date=12 December 2020 |website=[[NBC Sports]]}}</ref> On May 22, 2024, US-based investment firm [[Oaktree Capital Management]] said it “assumed ownership” of the club, after previous owner, [[Suning Holdings Group|Suning]], a Chinese holding company, missed the deadline on a €395 million debt payment taken out during the [[COVID-19 pandemic|COVID pandemic]].<ref>{{Cite web |last=Grez |first=Maisie Linford, Matias |date=2024-05-22 |title=Inter Milan taken over by US investment firm Oaktree after Chinese owners fail to repay loan |url=https://www.cnn.com/2024/05/22/sport/inter-milan-taken-over-oaktree-spt-intl/index.html |access-date=2024-05-24 |website=CNN |language=en}}</ref> Oaktree had previously guaranteed Suning's loan in 2021 with Suning's ownership stake in the club as collateral.<ref name="espn.com">{{Cite web |date=2024-05-22 |title=Inter Milan gets U.S. owners over unpaid loan |url=https://www.espn.com/soccer/story/_/id/40195630/us-firm-oaktree-inter-milan-missed-payment |access-date=2024-05-24 |website=ESPN.com |language=en}}</ref> As a result, Suning's default on the loan resulted in Oaktree's right to take control of the organization.<ref name="espn.com"/>
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