Inter Milan Secures €350M Financing, On Course For 2024-25 Net Profit
Inter Milan Secures €350M Financing, On Course For 2024-25 Net Profit

Inter Milan Secures €350M Financing, On Course For 2024-25 Net Profit

News summary

Inter Milan is on track to record a net profit for the 2024-25 financial year, marking a significant recovery from the financial crisis it faced in 2021 following the COVID-19 pandemic. The club has achieved record revenues, driven by their run to the Champions League final and participation in the lucrative Club World Cup, while also successfully reducing its wage bill and debt payments. In a key financial move, Inter secured €350 million in financing through a U.S. private placement of senior secured notes maturing in 2030, aimed at repaying a high-yield bond due in 2027 and improving the club's financial position. This refinancing effort, led by owners Oaktree Capital Management who took over after the previous Chinese majority shareholder defaulted on payments, reflects a commitment to long-term financial stability. On the sporting side, Inter prepares for a Club World Cup match against Fluminense with key players Marcus Thuram and Davide Frattesi returning to training. Despite a heavy loss in the recent Champions League final, the club's financial restructuring and on-field progress indicate a positive outlook moving forward.

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