While Inter are humming on the pitch, the economic situation of the club is not crystal-clear. It has, however, become more serene lately due to some major development behind the scenes, Sky Sport reported, despite the fact that Suning disbanded Jiangsu in the Chinese League earlier in the week because it was no longer considered a strategic business.
The family received a sizeable cash infusion from the government, which acquired a share of their site for €1.3B. The payout, which involves the whole conglomerate, will trickle down to the Italian side as well, which is expected to finish the season without problems on the financial front.
Corriere della Sera informed that the management will respect the mid-March federal deadline to pay the wages for January, while they will have until the end of the month the settle the salaries for November and December, which were postponed thanks to an agreement with the players. UEFA will grant the license for next season only to clubs that have made 85% of payroll for the previous calendar year by March 31st and presented a plan to settle the rest by June.
While the fund BC Partners are still lurking with a €750/800M offer to take over the whole operation, Marco Tronchetti Provera, the CEO of the long-time sponsor Pirelli, believes Suning will retain control of the future: “The holding recently received an injection of liquidity and they confirmed they commitment. There is some outside interest to enter the capital, but I think they want to continue supporting Inter.”