Inter CEO Michael Bolingbroke has revealed that the club’s five-year plan remains on course to comply with Financial Fair Play.
The Nerazzurri have been cutting their costs since the arrival of Erick Thohir in order to comply with UEFA’s financial regulations.
Bolingbroke spoke at a press conference following a meeting about Inter’s financial situation and stated despite recent losses of over €103 million, the club are on track to improve their financial situation.
“FFP is something that we support. It is a rational idea and will be to the benefit of European football,” he explained as reported by Tuttomercatoweb.
“As a club we are working through a five-year plan that will take place within the limits of FFP. I do not imagine the club making a loss, we will remain faithful to the guidelines.”
He went on to explain the reason the club had met with UEFA in Lyon.
“We met with UEFA because in the past we have accumulated some losses; with many clubs we went to Lyon to meet with the board and explain our intentions,” the former Manchester United man declared.
“On November 7, there will be a meeting.
“We will be subjected to an audit and our intentions must be confirmed by facts. In February, any penalties for the club will be decided and we will accept any judgement.”
