Inter: "Financial stability, keeping the team challenging: focal points of our strategy" (S. Zhang)

"Within the extraordinary economic and social context created by the pandemic, the club’s financial stability and sustainability and keeping the team challenging at the highest level are the focal points of our strategy", said Steven Zhang (CHN), president of FC Inter Milan (Serie A TIM), at the opening of the club's shareholders' meeting on 28/10/2021.

The meeting was an opportunity for the Milanese club's shareholders to approve the 2020-21 annual accounts. "The year saw consolidated revenues of €364.7m and losses of €245.6m. The impact of Covid-19 was approximately €110m: around €70m due to the complete lack of matchday revenue following the closure of stadiums and around €40m due to the reduction in sponsorship contracts as a result of the club being unable to provide benefits and partners' reduction in business. A further €30m was due to the termination of sporting contracts," said FC Inter Milan regarding the season that saw them win their 19^th Italian league title.

"Winning our 19^th Scudetto is a memorable achievement and reward for the amazing work done by the team and…