-89 million in the budget, explained Suning’s intervention

The ordinary management of large companies A league burn cash. According to what was analyzed by Football and Financeoften the use of debt (such as financing) or shareholder interventions to rebalance the situation is not enough and leads to an imbalance which then leads clubs to resort to “extraordinary” operations, for example sales.

According to the financial statements presented on 30 June 2023 of the top clubs, this emergency situation is noted, perhaps due to debtors and suppliers being late with payments and therefore the first to default, causing a chain reaction. Without forgetting the payment of the players’ salaries. In all of this, however, companies must guarantee and respect certain liquidity indices according to the established regulations, also to operate on the transfer market. So how is theInter?

There are “significant levels of cash burn – he writes Football and Finance -, with a -89 million despite the record season in terms of stadium revenues with the ride to the Champions League final which guaranteed substantial and constant revenues throughout the year. Thus – continued the study – a new intervention on the part of Suningwith 51 million paid into the club’s coffers going from Oaktree’s loan to the Zhangs.”

 
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