Achieving the objectives agreed with UEFA which led to Inter leaving settlement agreement signed in 2015 has another very important consequence for Inter: the Nerazzurri will not be forced to reach the infamous capital gains (many sources say €40M) required to balance financial sheet by June 30th. This restriction for the past several years forced Inter management to complete numerous outgoing transactions by selling the club’s brightest players in its youth system.
According to Marco Bellinazzo, Il Sole 24 Ore journalist, “UEFA approves Inter financial account which results in the club exiting settlement agreement regime imposed in 2015. Therefore, it will not be mandatory this year to make capital gains for UEFA Financial Fair Play.”
However, UEFA Financial Fair Play remains and that requires all European clubs to close three-year period at minus €5M in their budget. And so the spending power of Suning can only be expressed to the extent of club revenues.
Source: Il Sole 24 Ore
Source link – https://www.fedenerazzurra.net/news/2019/5/17/achieving-capital-gains-40m-by-june-30th-is-no-longer-requirement-but-uefa-ffp-still-exists-and-suning-spending-power-must-match-with-club-revenues