• Loading stock data...
Tuesday, July 1, 2025

Inter Posts Record $284.6M Loss in Title-Winning Year

  • Inter Milan is still celebrating its 19th Serie A title.
  • The team suffered a record loss of $284.6 million for the fiscal year.
Inter Milan/Design: Alex Brooks

Inter Milan won its 19th Serie A title in May, but the Italian soccer club still suffered a record loss of $284.6 million in the fiscal year ending June 30, 2021, up from $118 million the year prior.

Total revenue reached $422 million, down from $444 million a year earlier.

The loss is, of course, attributed to stadium closures and a decline in sponsorships due to the pandemic.

  • Genoa, Italy’s oldest soccer team, saw a $38 million loss in 2020. 
  • Juventus recorded a $246.6 million loss during the 2020-21 financial year.
  • Manchester United posted a $148.2 million loss in fiscal Q4.  

Inter hopes to alleviate its financial woes with American investors. 

In May, Los Angeles-based Oaktree Capital agreed to acquire a 31% stake in the team from Hong Kong’s LionRock Capital in a deal valued at $336 million. Oaktree will also loan money to the club. 

Chinese holding company Suning is Inter’s majority owner, with a 68.5% stake it purchased for $306 million in 2016. Between 2015 and 2017, Chinese investors spent $1.8 billion acquiring stakes in more than a dozen European soccer teams.

Now, U.S. investors are swooping in, with Serie A clubs AC Milan, Fiorentina, Spezia, AS Roma, Venezia, and Genoa all under American ownership.

Last week, Miami-based private equity firm 777 Partners acquired full ownership of Genoa in a deal valued at $175 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Arizona Father-Son Duo Plead Guilty to $280 Million Sportsplex Fraud

Randy Miller and his son Chad conned multiple investment firms. 
Tottenham

Tottenham Hotspur Ends Miserable Season With Nine-Figure Champions League Jackpot

The sloppy Europa final was decided on a questionable own goal.
Tottenham Hotspur

One of English Soccer’s Biggest Disasters Is Guaranteed a Massive Payday

Either Tottenham Hotspur or Manchester United will be in the Champions League.

Serie A Postpones Four Matches Following Death of Pope Francis

The top Italian soccer league paused play Monday.

Featured Today

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.

Saudi Arabia Says No Alcohol at 2034 World Cup

Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.
August 30, 2024

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
January 13, 2025

Gavin Newsom Reveals Status of 2028 Olympics As Los Angeles Wildfires Roar

Gavin Newsom says there’s a “Marshall Plan” to rebuild Los Angeles.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’