Inter achieves UEFA break - even target for 2016/17
Club
— Apr 21st 20171 MIN READING
F.C. Internazionale is pleased to announce it has achieved its break-even target under the terms of Financial Fair Play
MILAN
- F.C. Internazionale Milano has today been informed by UEFA and the Club Financial Control Body that it has achieved the break-even target of a maximum deficit of €30 million for the reporting period 2016 under the terms of the Settlement Agreement signed with UEFA in 2015.
Thanks to this positive result the Club is not liable to pay the conditional amount of €7 million in withheld revenue.
The 2016 result follows a deficit break-even of €110 million for the reporting period 2015, an improvement of some €80 million.
According to the Settlement Agreement with UEFA the Club must achieve a break-even of €0 million for the period 2017.