Between loans and revenues: 570 million have been spent so far by Suning for Inter

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After nearly three and a half years, the impact of Suning in the Nerazzurri galaxy it becomes more and more evident, both in the field and outside. The figures of the budget just published speak for themselves: the surge in revenues is obviously the aspect that stands out the most, but there is also to be seen the huge investments made by the Asian company to strengthen the club.

Football and Finance clarifies: "From an economic point of view, Suning's investments have reached in these years 570 million stake. After the initial capital increase of 142 million, Suning then continued to finance the Nerazzurri company through various shareholder loans: in detail, 217 million in 2016/17 and another 119 million in 2017/18 for a total of 336 million euros – it is read -. Of these, 105 million were converted into capital during the 2017/18 season and a further 40 million were converted in the 2018/19 season (under the heading "Reserve for payments into the future capital increase"), with a residual debt of around 197 million of euro whose maturity was postponed from 28 June 2019 to 31 December 2020. "The outstanding loans accrue annual interest of 6.5%, with total costs for about 36 million.

"Overall, within three seasons, Suning's guaranteed revenues have exceeded 131 million: 56 million in 2016/17, 39 million in 2017/18 and another 35.9 million in 2018/19 – specification Football and Finance -. It is not only the revenues from sponsorship linked to the naming rights of Pinetina and the training shirt, but also to revenues linked for example to the Inter Academy and to the "sharing of technical and professional staff" with Suning Sports ".



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https://www.fcinternews.it/news/cf-tra-prestiti-e-ricavi-sono-570-i-milioni-spesi-finora-da-suning-per-l-inter-321898

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