Inter CEO: "Here is why Jiangsu Suning cannot just give us Ramires..."
Speaking to the Corriere della Sera, Inter CEO, Alessandro Antonello, discusses everything from Suning to the stadium issue.
Inter have had difficulty on the transfer market for a while now. Why?
“In July, the strategy was clear: return to the Champions League in compliance with financial fair play. We have to balance the technical and economic aspects. Our growth must be organic in the commercial point of view to achieve result. Returning to the Champions League produces an economic return and pushes Inter brand.”
Suning started with strong investment and now they have stopped. Is it because the financial fair play for the restrictions imposed by the Chinese government?
“There has never been a closure (in terms of investment) and Suning has never been and is not on the black list. There is a slowdown, this is true. The Chinese government has imposed restrictions to protect its currency which means more controls and a slowdown is inevitable. But Suning is making all the investment necessary to bring Inter back on top.”
Everyone wants to take advantage of the Chinese market, few have succeeded. Why should Inter do it?
“Because Suning makes $53 billion a year and has 250 million people registered online. Inter can take advantage of this foundation, with organic growth. The Chinese football market needs time to mature.”
Why is it that Inter cannot sign Ramires from Jiangsu Suning? Both teams are owned by the same company. What is the difficulty?
“These are two different projects. Here, people think that Jiangsu can help Inter but in China, perhaps they think the opposite. If the needs do not match, you cannot do it.”
Let’s go back on the financial fair play. When will Inter be able to get rid of the regulations?
“Let’s clarify: financial fair play will always be there. The club must stay balance in terms of budget. UEFA, after imposing it, is ready for a financial fair play 2.0 if you will, a bit more open. The one of today limits attraction of new capital.”
How do you want to renovate the San Siro?
“It has to be lively every single day, not just Sundays. The hospitality areas have to go from 4% currently to 14%. The capacity to go down to 60 thousand and we are talking about an investment of around 150 million.”
Project of a new training facility in Piazza d’Armi will go forward?
“We are still in the preliminary stages but a new sport center remains a strategic project. All the big European clubs have cutting-edge sports centers.”
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Source: Corriere dello Sport