Inter
Strategic Concepts & Mechanics
Primary Evidence
"His beloved Inter, owned by the Chinese group Suning, owned by Zhang Jindong, is going through a rough patch. The pandemic has devastated the business of football, stadium revenues have disappeared, and the already notoriously shaky balances have turned deep red. The Nerazzurri have obvious cash problems, just in the year when they return to win the championship after over a decade. The company hasn't paid wages for months, and losses exceed 100 million euros per season. Zhang is desperately looking for a buyer, but he demands evaluations not in line with the revenues of the Milanese team. A tasty morsel for bankers who start knocking on the doors of the major investors in town. They also make it to Del Vecchio's office, hoping to breach his Nerazzurri football faith, as revealed by press rumors. After all, when he was young, he had been president and founder of the Agordo football team. No dice, Leonardo is loyal to the line. He has too much respect for money and for the effort it takes to earn it to get lured into the football business, one of those where it's easy to spend hundreds of millions of euros to please one's ego."
""I have great respect for money. I have always invested my money in the company to keep it competitive. I do not see investing in sport as a way to realize one's self. I am an Inter fan and I hope they buy a champion every year. But with their money, not mine.""