Inter have significantly reduced the number of Reds for the 2023/24 season. As explained in the official note, the cost-cutting measures have had a positive impact on the Nerazzurri club’s financial statements. “There is a further significant reduction in losses compared to the 2022/23 financial year, which amounted to €85 million to €36 million, a decrease of around €50 million. This result is due, on the one hand, to an increase in revenue of around €48 million to a total of €473 million, which is due to the results of the sports sector, which led to an increase in commercial turnover. At the same time, production costs as a whole remain virtually stable compared to the previous year, amounting to €464.5 million. A direct consequence of these trends is a net increase in production costs of €9 million compared to a loss of €40 million in the previous financial year.”
Source: Tutto Mercato Web
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