The partial or entire sale of Inter Milan by Ruane and Goldman Sachs at a $1 billion valuation will be difficult to to the Serie A team’s huge losses.
Inter Milan has qualified for the Champions League round of 16 but the Italian soccer team will need much more success in the world’s most lucrative annual sports tournament to get a covetedin either a complete or partial sale that’s being led by investment banks Ruane Group and Goldman Sachs.Group F.C. Internazionale Milano
, posted losses of $140 million and $246 million, respectively. The team’s balance sheet is also a mess, with a $408 million bond loan with 6.75% interest rate and a negative net worth of $87 million. Winning matters. If Inter Milan fails to advance past the round of 16, its Champions League earnings will be less than $30 million. If it can win its fourth Champions League, it could pocket around $90 million.acquisition of Inter Milan rival AC Milan in June. That has an impact on the sale of AC Milan. One sports banker familiar with the team’s finances told, “The way RedBird scratched and clawed to to put together expensive capital for AC Milan is going to make it difficult for Inter Milan.
last week and is in much better shape financially. AC Milan lost just $30 million last year and has only $28 million in net debt versus $354 million for Inter Milan.the team is for sale recently. Either way, another $60 million or so of Champions League money would certainly come in handy for Inter Milan.
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