darra Posted August 9, 2021 Share Posted August 9, 2021 £650 million in debt and the banks want their money back. BREAKING: Inter Milan is heading towards Liquidation. The plan is to sell all players who an offer arrives for. Selling Lukaku isn’t the end: Lautaro Martinez, Barella, De Vrij as of today, according to Corriere. Link to comment Share on other sites More sharing options...
Popular Post TrickyTrev Posted August 9, 2021 Popular Post Share Posted August 9, 2021 Inter Milan in the s**t. Barcelona having to let Messi go because they can’t afford to keep him. Suddenly it’s becoming clear why these clubs were trying to force through the European Super League, rather than sell their best players and reduce their wage bill (like most other clubs have to do) they tried to s**t on everyone else instead. Here’s hoping a few more of those clubs follow them into the s**t, given how Real Madrid’s president behaved throughout it all hopefully they’ll be next. 10 2 3 Link to comment Share on other sites More sharing options...
Dronfield Blue Posted August 9, 2021 Share Posted August 9, 2021 No wonder Conte left after winning the league last season. I thought that was strange when it happened. 2 Link to comment Share on other sites More sharing options...
Gob_Bluth Posted August 9, 2021 Share Posted August 9, 2021 I know it's bad for the fans of these clubs and I never want to see a club go under, but I'm actually happy that this stuff is now happening to the big clubs and not smaller clubs like Bury & Macclesfield. Now it's happening to the likes of Barca and Inter it might make the footballing authorities sit up and take notice that finances in football are fizzed 6 2 Link to comment Share on other sites More sharing options...
Adem Poric Posted August 9, 2021 Share Posted August 9, 2021 31 minutes ago, darra said: BREAKING: Inter Milan is heading towards Liquidation. The plan is to sell all players who an offer arrives for. Selling Lukaku isn’t the end: Lautaro Martinez, Barella, De Vrij as of today, according to Corriere. This isn't quite true. Yes they are having struggles due to their parent company losing money during the pandemic but they are still making large bids for other players. They are trying to offload the top earners to bring their wage bill down - Lukaku was on £300k a week allegedly. They have turned down £80m for Martinez from Spurs and are trying to sign Vlahovic from Fiorentina. Link to comment Share on other sites More sharing options...
Adem Poric Posted August 9, 2021 Share Posted August 9, 2021 Also, Barca will be fine. They are massively in debt but they have so much worldwide income they will always be able to sustain it. They issue they have is La Liga have stopped teams going completely crazy on wages - so they couldnt afford to pay Messi about 250m euros a year (half of his old contract!) without getting rid of other higher earners. They offered Liverpool the chance to have Coutinho back for free to wipe out the remaining money they owe on him and his wages. If they had done that they probably would have been able to bring Messi back. Link to comment Share on other sites More sharing options...
mildatheart67 Posted August 9, 2021 Share Posted August 9, 2021 Price of Football had a bit on Barca. There wage budget has to be absolutely slashed ,if I heard right by more than 50 percent in the coming season Link to comment Share on other sites More sharing options...
Ellis Rimmer Posted August 9, 2021 Share Posted August 9, 2021 Footballs problem is that sometimes it’s a business and sometimes a play thing. The businesses can’t keep up with the play things. Measures they put in place to stop the play things aren’t good enough 1 Link to comment Share on other sites More sharing options...
Plonk Posted August 9, 2021 Share Posted August 9, 2021 There’s a great article on the newcastle forum about this. Not saying it’s correct but it’s an interesting read ( and one you could get your arse sued off for it’s a lie). Saying milan are owned by one company, who are owned by another one etc. But the one at the top of the food chain is about to implode. Part of me is hoping it’s right so football can start to go back to normal. Theres actually loads of great discussions on that forum, once you get past Steve Bruce is a f##£+&g c£&t. Threads Link to comment Share on other sites More sharing options...
TheEnchanter Posted August 9, 2021 Share Posted August 9, 2021 Italian football is so volatile. So many big clubs go under and it happens a lot. Palermo very recently for example. But look how many lower league clubs have gone over the last decade. Its literally dozens. Link to comment Share on other sites More sharing options...
Beighton Owl 87 Posted August 9, 2021 Share Posted August 9, 2021 1 hour ago, mildatheart67 said: Price of Football had a bit on Barca. There wage budget has to be absolutely slashed ,if I heard right by more than 50 percent in the coming season And that's probably just on one player leaving. Link to comment Share on other sites More sharing options...
mildatheart67 Posted August 9, 2021 Share Posted August 9, 2021 If I heard right they gave to get the player wage budget down to £140 million. Link to comment Share on other sites More sharing options...
Socialist_Owl Posted August 9, 2021 Share Posted August 9, 2021 Look at AC Milan until it was rescued by the yanks Link to comment Share on other sites More sharing options...
SiJ Posted August 9, 2021 Share Posted August 9, 2021 10 hours ago, TrickyTrev said: Inter Milan in the s**t. Barcelona having to let Messi go because they can’t afford to keep him. Suddenly it’s becoming clear why these clubs were trying to force through the European Super League, rather than sell their best players and reduce their wage bill (like most other clubs have to do) they tried to s**t on everyone else instead. Here’s hoping a few more of those clubs follow them into the s**t, given how Real Madrid’s president behaved throughout it all hopefully they’ll be next. The thing is, I'm almost certain that Super League wouldn't have got anywhere if the PL big 6 hadn't agreed to it. Unfortunately, three of our big 6 are owned by American owners and a franchise super league system, with no relegation, was right up their alley. I'm sure Inter, Barca and all these other big European clubs will find someway of surviving and thriving again. It's just how it is, whilst the smaller teams end up getting punished with points deductions and getting booted out of leagues. 2 Link to comment Share on other sites More sharing options...
Rogers Posted August 11, 2021 Share Posted August 11, 2021 Aren’t they owned by the Chinese? Always a recipe for disaster, you get a group that don’t understand the sport, the club, the history, etc. Link to comment Share on other sites More sharing options...
Plonk Posted August 11, 2021 Share Posted August 11, 2021 19 minutes ago, Rogers said: Aren’t they owned by the Chinese? Always a recipe for disaster, you get a group that don’t understand the sport, the club, the history, etc. The Newcastle article said they are owned by a chines property business that’s basically a ponzu scheme that’s about to collapse. Hence why the banks are getting nervous. Link to comment Share on other sites More sharing options...
2soon Posted August 11, 2021 Share Posted August 11, 2021 Inter are valued around a billion pounds and with the assets they have that debt size should be fine. The problems are much deeper than just the clubs problems though. Link to comment Share on other sites More sharing options...
darra Posted August 11, 2021 Author Share Posted August 11, 2021 1 hour ago, Plonk said: The Newcastle article said they are owned by a chines property business that’s basically a ponzu scheme that’s about to collapse. Hence why the banks are getting nervous. That's what i heard that the banks are calling in their loans Link to comment Share on other sites More sharing options...
owlinexile Posted August 11, 2021 Share Posted August 11, 2021 It seems that football basically has two options: 1) get the ridiculous salaries and agents fees under control 2) continue sucking the life out of all but a handful of 'top' clubs in order to sustain the current status quo for a few more years Let's see which they pick. 1 Link to comment Share on other sites More sharing options...
Kopparberg Posted August 12, 2021 Share Posted August 12, 2021 I think Inter’s owners also owned a Chinese club, that they basically shut down (?) Link to comment Share on other sites More sharing options...
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