First successes of new owners. Inter achieved significant growth in revenues and reduction of losses

The board of directors of Milan's Inter has approved the financial results for the 2023/24 year. This document will be presented to shareholders for approval at the end of October.

Details: According to the data in the published report, Inter increased its revenue by €48 million and reduced its losses by €50 million in the past financial year.

The club's total revenue amounted to €473 million, which is €48 million more compared to last year. Losses decreased by €50 million and now stand at €36 million, compared to the 2022/23 season.

The new owners of Inter, Oaktree Capital Management, increased the club's capital by €44 million through direct cash injections and an additional €3 million through the conversion of the final part of shareholder loans.

Reminder: Oaktree Capital Management became the new owner of the Italian champion in May.

By the way, Inter has lost its leader, Nicolò Barella, due to injury. Medical tests revealed a strain in the right quadriceps muscle, and the midfielder will miss the next few matches for the Nerazzurri.