Rome, September 30 (BNA): Inter Milan recorded a record loss of 245.6 million euros ($285 million) in the 2020-2021 financial year on Thursday, the highest ever loss for a Serie A club.
Inter won the Italian league title for the first time in 11 years last season, but its financial situation was severely affected by the Corona virus pandemic, in addition to the club’s early exclusion from European football.
It attributed its large losses mainly to the “complete lack of match-day income” due to stadium closures, despite revenue of 364.7 million euros ($423 million).
That policy saw coach Antonio Conte leave, as he wasn’t happy he wouldn’t be able to build on his title-winning side, and Inter sold two of their best players to Romelu Lukaku and Achraf Hakimi.
But Inter is still positive for next season. Simone Inzaghi replaced Conte as coach. Inter is second in the Italian league after six matches and has not lost yet.
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