2017 budget, loss of 24 million but Inter saw 33% increase in revenues

2017 budget, loss of 24 million but Inter saw 33% increase in revenues

The board of directors meeting took place today for anything and everything Inter budget. The meeting started at around 1:30 pm local time and lasted about 45 minutes later. All were present with Steven Zhang and Alessandro Anotello in the headquarters, while other directors and advisors were connected via conference call (including Erick Thohir). Apparently, Zhang Jindong did not attend the meeting.

The budget for 2017 has been approved: confirmed loss of 24 million euros and the 33% increase in revenues: given that turnover for last year was 241.4 million euros (including capital gains), Inter’s revenues for 2017 should reach about 320 million.

This is extremely important signifying compliance with UEFA Financial Fair Play. At the end of October, there is another assembly for approval.

Source: Calcio e Finanza

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