530 million invested by Suning as Inter will be out of settlement agreement with UEFA in July

530 million invested by Suning as Inter will be out of settlement agreement with UEFA in July

The Gazzetta dello Sport analyzes the reasons why Suning did not give the ok to invest in the January transfer market, a session that only led to Spalletti one defender in Lisandro Lopez and a midfielder from Barcelona in Rafinha.

The pink newspaper emphasizes that besides the “slip-ups” of Joao Mario and Gabriel Barbosa signings, the Suning Group has invested 530 million in the club, useful money to the transfer market and all those activities that serve the club’s existence. Certainly, this is not a small number one that should put the doubt that Suning does not want to invest aside.

But of course, there is a huge need to maintain their image at home by following the guidelines of the Chinese government and certainly they must comply with UEFA regulations of Financial Fair Play.

“Inter have the obligation to balance the budget once more this season. Last year, Suning sponsorship were used to break even the budget for last year but there are now no more bonuses (25 million plus another 10 guaranteed by another Chinese company outside the perimeter of Zhang). At the moment, there is a deficit of tens of millions and by June 30th, there is no other way to realize capital gains. From the first of July, Inter will be out of the settlement agreement but will have to general UEFA rules just like any other clubs: maximum losses of 30 million over a three-year period. In short, Inter will still have to thrive for self-sufficiency.”

Support FN here.

Source: GdS

GdS - Inter at final details for the signing of Lautaro Martinez

GdS - Inter at final details for the signing of Lautaro Martinez

Cancelo may take Candreva's spot versus Crotone. The two fullbacks...

Cancelo may take Candreva's spot versus Crotone. The two fullbacks...