Sky – Inter Board of Directors, capital increase in sight. Suning’s will is clear

Further news and details after today’s Inter Board of Directors came from the Sky Sport website

The BoD of FC Internazionale Milano SpA today approved the consolidated financial statements for the financial year 2021/2022 (here all the details). Further news and details after today’s advice came from the Sky Sport website:

The chairman Steven Zhang (present at the office together with the directors Marotta and Antonello with the other directors connected remotely) announced a capital increase (another part of the loan coming from Oaktree will in fact be used) to cover the budget losses 2021/22 of 140 million and not 120/125 as the top management hoped. In fact, in recent months, the incentive to leave Vidal and Sanchez and the Uefa fine have been added.

Compared to the minus 245 million a year ago, the progress of 105 million was significant, but mainly due to the sale of Hakimi and Lukaku and the increase in turnover with stadium revenues, which came with the reopening of the post-pandemic facilities. […] Lastly, there was also the termination of the sponsorship relationship with Digitalbits with a loss of 85 million and with the Chinese banks that asked for 250 million in loans and bonds and a hearing scheduled for next 8 March. And then there is always the maxi loan with Oaktree (292 million) to be repaid in 2024.

In short, another significant moment of transition in the history of Inter in a period in which the search for a minority shareholder continues to replace Lion Rock and a sale price of 1.2 billion euros. But Suning dreams of the second star as well as all the Inter fans and his will is to remain at the helm. Only time will tell for how long“, it is read.

Source link

About David Martin

David Martin is the lead editor for Spark Chronicles. David has been working as a freelance journalist.

Check Also

“You’re in a fucking hurry to replace me”

The Portugal champion portrayed after the match, the coach minimizes: “He wasn’t angry with me” …

Leave a Reply

Your email address will not be published. Required fields are marked *