FC Internazionale Milano S.p.A. was named as one of the major financial "black-holes" among Italian clubs, and depended on the substantial financial support by patron Massimo Moratti. In June 2006 the shirt sponsor, as well as owner of the minority stake in the club Pirelli purchased 15.26 percent of the shares of the club to the Moratti's family in exchange for EUR13.5 million. The manufacturer of tyres retained 4.2 percent. However, as a result of several capital growths of Inter including the reversed merger of Inter to an intermediary holding corporation Inter Capital S.r.l. was formed in 2006. It owned 89% from Inter as well as EUR70 million in capital at that time, or issued new shares in exchange for EUR70.8 million as of the end of June 2007, EUR70.8. EUR99.9 millions in the month of December EUR86.6 millions in 2008. EUR70 millions in 2009. EUR40 millions in 2011 and 2010 EUR35 millions in 2012., or permitting Thohir to subscribe EUR75 million in new Inter shares Inter in 2013. Pirelli was the third largest shareholder of only 0.5 percentage at the time of the 31st of December, 2015. 5. Inter was the subject of another recapitalization which was allocated to Suning Holdings Group in 2016. In the prospectus for Pirelli's 2nd IPO in 2017 the company stated that the worth of the shares of Inter which were held by Pirelli was written off to zero during the 2016 financial year. Inter also received a direct capital contributions from its shareholders to compensate for the loss that was not able to issue stock in previous years. (Italian: versamenti a copertura perdite)
Before the takeover by Thohir and the Thohir consolidated financials of "Internazionale Holding S.r.l." indicated that the entire company had a debt to the bank in the amount of EUR157 million, which included the bank debt of its company subsidiary "Inter Brand Srl" and the club itself and to Istituto per il Credito Sportivo (ICS) which was EUR15.674 million on the balance sheet as of the closing of the 2012-13 year. In 2006, Inter was sold as a brand name to a brand new company "Inter Brand S.r.l. " A special purpose entity that has a capital share that was EUR40 million, in exchange for EUR158 millions (the deal saw Internazionale lose a net amount of EUR31 million in its own financial report). In the same period, the subsidiary was able to secure the EUR120 millions loan with Banca Antonveneta, which would be paid back in installments up to the 30th June of 2016; La Repubblica described the deal as "doping". In September of 2011, Inter obtained the loan of ICS through the inclusion of its sponsorship with Pirelli during the 2012-13 season and 2013-14 seasons, which cost EUR24.8 million, with the form of a cost of 3 months Euribor 1.95 spread. In June 2014, the new Inter Group secured EUR230 million loan from Goldman Sachs and UniCredit at an interest fee of 3 months' Euribor minus 5.5 percentage spread, and also the establishment of a new subsidiary to act as the debt-carrier: "Inter Media and Communication S.r.l.". EUR200 million of this will be used for refinancing the group's debt. It is expected that the EUR230million credit, EUR1 million (plus interests) is due on 30 June 2015. EUR45 million (plus interest) will be paid in 15 installments starting from September 2015 until March 31, 2019 and EUR184 million (plus interest) is due by June 30, 2019. On the ownership front, Hong Chinese-based International Sports Capital HK Limited has pledged its shares of the Italian-based International Sport Capital S.p.A. (the direct holding company of Inter) to CPPIB Credit Investments for EUR170 million in 2015. This was at an interest rate of 8 percent p.a (due in March of 2018) up to 15 percent p.a. (due April 2020). ISC has paid off the notes at the end of July, 2016 when they had sold a portion from the share of Inter with Suning Holdings Group. However, towards the end of 2016 period, the shares of ISC S.p.A. was pledged again by ISC HK to private equity funds of OCP Asia for US$80 million. As of December 17, 2017, the company also refinanced its loan of EUR300 million, through the issuance of a corporate bonds to the market through Goldman Sachs as the bookkeeper with rate of 4.875 percent p.a.
In terms of revenues only, Inter surpassed city rivals in the Deloitte Football Money League for the first time in the 2008-2009 season. They be in ninth place just one spot further behind Juventus which was eighth in eighth place, and Milan at tenth. In 2009-2010, Inter remained in ninth position, beating Juventus (10th) however, Milan took over the lead in the 7th position. Inter moved up to eighth place in the period 2010-2011, however, it was one spot in front of Milan. Since the year 2011, Inter dropped to 11th place in 2011-12, then 15th in 2012-13 17th during 2013-14 and 19th during the 2014-15 season, and in the this season. In the 2016-17 season, Inter was placed fifteenth on the Money League.
In the 2010 Football Money League (2008-09 season) The normalized revenues of EUR196.5 million was split between matchday (14 percent, EUR28.2 million), broadcasting (59 percent, EUR115.7 million, 7 percent, EUR8 million) and commercial (27 percent, EUR52.6 million, 43 percent). The kit sponsors Nike and Pirelli made EUR18.1 million , and EUR9.3 million, respectively to commercial earnings and broadcasting revenue, respectively. Broadcasting revenues were increased by EUR1.6 million (6 percent) because of Champions League distribution. Deloitte stated that the issues with Italian football, especially matchday revenue problems, are hindering Inter from advancing as in comparison to other European giants. Moreover, developing their own stadiums would lead to Serie A clubs being more than competitive in the international arena.
In the 2009-10 season, the revenue of Inter was increased by the sale of Ibrahimovicas well as the triple as well as the release clause for the coach Jose Mourinho. Based on the normalized numbers provided by Deloitte of its 2011. Football Money League, in the 2009-10 season, revenues had increased by EUR28.3 million (14 percent) in the amount of EUR224.8 million. The ratio of broadcasting, matchday commercial and matchday in the adjusted figures was 17%:62%; 21%..
In the 2010-11 season, Serie A clubs started negotiating rights to TV rights for their clubs together rather than in isolation. The result was expected to be in lower revenue from broadcasting for major clubs like Juventus and Inter and smaller clubs benefiting from the reduction. The final result was an incredible revenue in the amount of EUR13 millions from RAI. For the 2012 Football Money League (2010-11 season) the revenue normalized of the league was EUR211.4 million. The ratio of broadcasting, matchday and commercial figures adjusted was 16%:58%.
In the end, when you combine the cost and revenue, during the year 2006-07, they recorded an unrealized loss that was EUR206 millions (EUR112 million on an extraordinary basis because of the removal of accounting standards that were not followed by the Special Amortization Fund) which was followed by the deficit of EUR148 million during the 2007-08 season. This was followed by an overall loss of EUR154 million in the 2008-09 season and the net loss was EUR69 million during the 2009-10 season as a result of the abolition of EUR87 million during the 2010-11 season which was the net loss was EUR77 million during the 2011-12 season the net loss was EUR80 million during the 2012-13 season, and a net profit of EUR33 million for the 2013-14 season due to the extra income generated by the creation of the subsidiary Inter Media and Communication. The above figures were all included in a separate financial statements. The figures from the consolidated financial statement were made public since 2014-15 season, and included net loss of EUR140.4 millions (2014-15), EUR59.6 million (2015-16 season, prior to restatement in 2017) as well as EUR24.6 millions (2016-17).
In 2015, Inter as well as Roma are the two Italian clubs banned by UEFA because of their violations the UEFA Financial Fair Play Regulations and was later followed by AC Milan which was once banned from participating in European competition in the year 2018. To stay clear of further sanctions, Inter agreed to have an aggregate break-even period of three years from 2015 until 2018 with the 2015-16 season allowed to be net losses of a max of EUR30 million. This was followed by break-even during the 2016-17 season, and thereafter. Inter was also penalized EUR6 million and an additional EUR14 million as a probation.
Inter also performed an economic blunder on the transfer market around the mid-year of 2015, where Stevan Jovetic and Miranda were made by Inter with temporary agreements and the obligation to make a full-time signing in the year 2017, which made their costs less during the period of loan. Additionally, despite massively investing in new players, including Geoffrey Kondogbia and Ivan Perisic which could have increased the amount of amortization required, Inter also sold Mateo Kovacic for EUR29 million, which was profits from a windfall. In November of 2018, documents obtained by Football Leaks further revealed that the loan signings like Shaqiri's Xherdan signing in January were actually certain conditions that would trigger the purchase of outright.
On April 21, 2017 Inter declared the fact that its Net loss (FFP adjusted) of the 2015-16 season was within their allowable amount in the amount of EUR30 million. On the same day, UEFA also announced that the decrease in the size of the squad at Inter in European matches would not be removed until the some of the targets not being met set out in the agreement to settle. Similar announcements were issued through UEFA in June of this year. in light of Inter's 2016-17 financial performance.
On February 20, 2020 Inter Milan sued Major League Soccer (MLS) for trademark infringement. They claimed that the name "Inter" refers to the club and is not associated with anyone else.