Inter post 140 million euro loss

Inter Milan announced on Wednesday that they had posted a loss of 140 million euros ($133.9 million) for the 2021-22 season, a significant reduction in the wake of the Covid-19 pandemic.

The loss, which Inter say in a statement was due to virus restrictions still being in place for the first half of last campaign, was around 105 million euros less than the previous season’s record losses.

Revenue was also up 75 million euros on the previous season to 439.6 million euros. Inter said if the end of the 2019-20 season (which ran into the following financial year after the pandemic ravaged Europe) is not taken into account the revenue increase stands at 140 million euros. – AFP