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Football Club Internazionale Milano, commonly referred to as Internazionale () or simply Inter, and colloquially known as Inter Milan in English-speaking countries, is an Italian professional
football Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ...
club based in Milan,
Lombardy Lombardy ( it, Lombardia, Lombard language, Lombard: ''Lombardia'' or ''Lumbardia' '') is an administrative regions of Italy, region of Italy that covers ; it is located in the northern-central part of the country and has a population of about 10 ...
. Inter is the only Italian side to have always competed in the top flight of Italian football since its debut in 1909. Founded in 1908 following a schism within the Milan Cricket and Football Club (now AC Milan), Inter won its first championship in 1910. Since its formation, the club has won 33 domestic trophies, including 19
league League or The League may refer to: Arts and entertainment * ''Leagues'' (band), an American rock band * ''The League'', an American sitcom broadcast on FX and FXX about fantasy football Sports * Sports league * Rugby league, full contact footba ...
titles, 8 Coppa Italia and 6
Supercoppa Italiana The Supercoppa Italiana ( en, Italian Super Cup) is an annual football match contested by the winners of the Serie A and the Coppa Italia in the previous season. If the same team wins both the Serie A and Coppa Italia titles in the previous seaso ...
. From 2006 to 2010, the club won five successive league titles, equalling the all-time record at that time. They have won the Champions League three times: two back-to-back in
1964 Events January * January 1 – The Federation of Rhodesia and Nyasaland is dissolved. * January 5 - In the first meeting between leaders of the Roman Catholic and Orthodox churches since the fifteenth century, Pope Paul VI and Patriarch ...
and
1965 Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndo ...
and then another in
2010 File:2010 Events Collage New.png, From top left, clockwise: The 2010 Chile earthquake was one of the strongest recorded in history; The Eruption of Eyjafjallajökull in Iceland disrupts air travel in Europe; A scene from the opening ceremony of ...
. Their latest win completed an unprecedented Italian seasonal treble, with Inter winning the Coppa Italia and the ''Scudetto'' the same year. The club has also won three UEFA Cups, two Intercontinental Cups and one
FIFA Club World Cup The FIFA Club World Cup is an international men's association football competition organised by the ''Fédération Internationale de Football Association'' ( FIFA), the sport's global governing body. The competition was first contested in 200 ...
. Inter's home games are played at the San Siro stadium, which they share with city rivals Milan. The stadium is the largest in Italian football with a capacity of 75,923. They have long-standing rivalries with Milan, with whom they contest the Derby della Madonnina, and
Juventus Juventus Football Club (from la, iuventūs, 'youth'; ), colloquially known as Juve (), is a professional Association football, football club based in Turin, Piedmont, Italy, that competes in the Serie A, the top tier of the Italian football leagu ...
, with whom they contest the Derby d'Italia; their rivalry with the former is one of the most followed derbies in football. , Inter has the highest home game attendance in Italy and the sixth highest attendance in Europe. The club is one of the most valuable in Italian and world football.


History


Foundation and early years (1908–1960)

The club was founded on 9 March 1908 as ''Football Club Internazionale'', following the schism with the Milan Cricket and Football Club (now AC Milan). The name of the club derives from the wish of its founding members to accept foreign players without limits as well as Italians. The club won its first championship in 1910 and its second in 1920. The captain and coach of the first championship winning team was Virgilio Fossati, who was later killed in battle while serving in the Italian army during World War I. In 1922, Inter was at risk of relegation to the second division, but they remained in the top league after winning two play-offs. Six years later, during the Fascist era, the club was forced to merge with the ''
Unione Sportiva Milanese Unione Sportiva Milanese was an Italian association football club from Milan founded on 16 January 1902. Nicknamed ''Gli Scacchi'' ("The Checkerboards") for their jersey, the club was runners-up in the 1908 and 1909 Italian football championshi ...
'' and was renamed ''Società Sportiva Ambrosiana''. During the 1928–29 season, the team wore white jerseys with a red cross emblazoned on it; the jersey's design was inspired by the flag and coat of arms of the city of Milan. In 1929, the new club chairman Oreste Simonotti changed the club's name to ''Associazione Sportiva Ambrosiana'' and restored the previous black-and-blue jerseys, however supporters continued to call the team ''Inter'', and in 1931 new chairman Pozzani caved in to shareholder pressure and changed the name to ''Associazione Sportiva Ambrosiana-Inter''. Their first Coppa Italia (Italian Cup) was won in 1938–39, led by the iconic Giuseppe Meazza, after whom the San Siro stadium is officially named. A fifth championship followed in 1940, despite Meazza incurring an injury. After the end of World War II the club regained its original name, winning its sixth championship in 1953 and its seventh in 1954.


''Grande Inter'' (1960–1967)

In 1960, manager Helenio Herrera joined Inter from Barcelona, bringing with him his midfield general Luis Suárez, who won the European Footballer of the Year in the same year for his role in Barcelona's La Liga/ Fairs Cup double. He would transform Inter into one of the greatest teams in Europe. He modified a 5–3–2 tactic known as the "''Verrou''" ("door bolt") which created greater flexibility for counterattacks. The ''
catenaccio ''Catenaccio'' () or The Chain is a tactical system in football with a strong emphasis on defence. In Italian, ''catenaccio'' means "door-bolt", which implies a highly organised and effective backline defence focused on nullifying opponents' ...
'' system was invented by an Austrian coach,
Karl Rappan Karl Rappan (26 September 1905 – 2 January 1996) was an Austrian footballer and coach. He played and managed mostly in Switzerland, where he won multiple titles. He had four tenures as coach of the Switzerland national team, which he managed i ...
. Rappan's original system was implemented with four fixed defenders, playing a strict man-to-man marking system, plus a
playmaker In association football, a playmaker is a player who controls the flow of the team's play, and is often involved in offensively and defensively playing passing moves which lead to goals, through their vision, technique, ball control, creativit ...
in the middle of the field who plays the ball together with two midfield wings. Herrera would modify it by adding a fifth defender, the sweeper or libero behind the two centre backs. The sweeper or libero who acted as the free man would deal with any attackers who went through the two centre backs. Inter finished third in the Serie A in his first season, second the next year and first in his third season. Then followed a back-to-back
European Cup The UEFA Champions League (abbreviated as UCL, or sometimes, UEFA CL) is an annual club football competition organised by the Union of European Football Associations (UEFA) and contested by top-division European clubs, deciding the competit ...
victory in 1964 and 1965, earning him the title "''il Mago''" ("the Wizard"). The core of Herrera's team were the attacking fullbacks Tarcisio Burgnich and Giacinto Facchetti, Armando Picchi the sweeper, Suárez the playmaker, Jair the winger, Mario Corso the left midfielder, and Sandro Mazzola, who played on the inside-right. In 1964, Inter reached the European Cup Final by beating Borussia Dortmund in the semi-final and
Partizan Partizan may refer to: Sport * JSD Partizan, a sports society from Belgrade, Serbia, which includes the following clubs: **AK Partizan, athletics ** Biciklistički Klub Partizan, cycling ** Džudo Klub Partizan, judo **FK Partizan, association fo ...
in the quarter-final. In the final, they met
Real Madrid Real Madrid Club de Fútbol (, meaning ''Royal Madrid Football Club''), commonly referred to as Real Madrid, is a Spanish professional football club based in Madrid. Founded in 1902 as Madrid Football Club, the club has traditionally wor ...
, a team that had reached seven out of the nine finals to date. Mazzola scored two goals in a 3–1 victory, and then the team won the Intercontinental Cup against Independiente. A year later, Inter repeated the feat by beating two-time winner Benfica in the final held at home, from a Jair goal, and then again beat Independiente in the Intercontinental Cup. In 1967, with Jair gone and Suárez injured, Inter lost the European Cup Final 2–1 to
Celtic Celtic, Celtics or Keltic may refer to: Language and ethnicity *pertaining to Celts, a collection of Indo-European peoples in Europe and Anatolia **Celts (modern) *Celtic languages **Proto-Celtic language * Celtic music *Celtic nations Sports Fo ...
. During that year the club changed its name to ''Football Club Internazionale Milano''.


Subsequent achievements (1967–1991)

Following the golden era of the 1960s, Inter managed to win their eleventh league title in 1971 and their twelfth in 1980. Inter were defeated for the second time in five years in the final of the European Cup, going down 0–2 to Johan Cruyff's Ajax in 1972. During the 1970s and the 1980s, Inter also added two to its Coppa Italia tally, in 1977–78 and 1981–82. Hansi Müller (1975–1982 VfB Stuttgart, 1982–1984 Inter Milan) and
Karl-Heinz Rummenigge Karl-Heinz "Kalle" Rummenigge (; born 25 September 1955) is a German football executive and former professional player. He was the longtime Chairman of Executive Board of FC Bayern München AG, a daughter company of German Bundesliga team Bayern ...
(1974–1984 Bayern Munich, 1984–1987 Inter Milan) played for Inter Milan. Led by the German duo of Andreas Brehme and Lothar Matthäus, and Argentine Ramón Díaz, Inter captured the 1989 Serie A championship. Inter were unable to defend their title despite adding fellow German Jürgen Klinsmann to the squad and winning their first
Supercoppa Italiana The Supercoppa Italiana ( en, Italian Super Cup) is an annual football match contested by the winners of the Serie A and the Coppa Italia in the previous season. If the same team wins both the Serie A and Coppa Italia titles in the previous seaso ...
at the start of the season.


Mixed fortunes (1991–2004)

The 1990s was a period of disappointment. While their great rivals Milan and
Juventus Juventus Football Club (from la, iuventūs, 'youth'; ), colloquially known as Juve (), is a professional Association football, football club based in Turin, Piedmont, Italy, that competes in the Serie A, the top tier of the Italian football leagu ...
were achieving success both domestically and in Europe, Inter were left behind, with repeated mediocre results in the domestic league standings, their worst coming in 1993–94 when they finished just one point out of the relegation zone. Nevertheless, they achieved some European success with three UEFA Cup victories in 1991, 1994 and 1998. With Massimo Moratti's takeover from Ernesto Pellegrini in 1995, Inter twice broke the world record transfer fee in this period ( £19.5 million for
Ronaldo Ronaldo is a Portuguese given name equivalent to the English Ronald. It became a common name in all Portuguese-speaking countries, being also prevalent in Italy and Spanish-speaking countries. People Notable people known as Ronaldo include: As ...
from Barcelona in 1997 and £31 million for Christian Vieri from Lazio two years later). However, the 1990s remained the only decade in Inter's history in which they did not win a single Serie A championship. For Inter fans, it was difficult to find who in particular was to blame for the troubled times and this led to some icy relations between them and the chairman, the managers and even some individual players. Moratti later became a target of the fans, especially when he sacked the much-loved coach Luigi Simoni after only a few games into the 1998–99 season, having just received the Italian manager of the year award for 1998 the day before being dismissed. That season, Inter failed to qualify for any European competition for the first time in almost ten years, finishing in eighth place. The following season, Moratti appointed former Juventus manager
Marcello Lippi Marcello Romeo Lippi (; born 12 April 1948) is an Italian former professional football player and manager, who led the Italian national team to victory in the 2006 FIFA World Cup. He was appointed as Italy head coach in the summer of 2004 and 2 ...
, and signed players such as Angelo Peruzzi and
Laurent Blanc Laurent Robert Blanc (born 19 November 1965) is a French professional football manager and former player who played as a centre-back, and is currently the manager of Ligue 1 club Lyon. He has the nickname ''Le Président'', which was given to him ...
together with other former Juventus players Vieri and
Vladimir Jugović Vladimir Jugović ( sr-cyr, Владимир Југовић, ; born 30 August 1969) is a Serbian former professional footballer. A versatile player, he was usually employed as a left or attacking midfielder, but could play anywhere in midfield. ...
. The team came close to their first domestic success since 1989 when they reached the Coppa Italia final only to be defeated by Lazio. Inter's misfortunes continued the following season, losing the
2000 Supercoppa Italiana The 2000 Supercoppa Italiana was a match contested by the 1999–2000 Serie A winners Lazio and the 1999–2000 Coppa Italia runners-up Internazionale. Since the Coppa Italia winners were also the newly appointed league champions, the Super Cup s ...
match against Lazio 4–3 after initially taking the lead through new signing
Robbie Keane Robert David Keane (born 8 July 1980) is an Irish professional Association football, football coach and former Football player, player who played as a Forward (association football)#Striker, striker. Keane served as Captain (association football ...
. They were also eliminated in the preliminary round of the Champions League by Swedish club Helsingborgs IF, with
Álvaro Recoba Álvaro Alexánder Recoba Rivero (; born 17 March 1976; nickname "El Chino"
missing a crucial late penalty. Lippi was sacked after only a single game of the new season following Inter's first ever Serie A defeat to
Reggina Reggina 1914 S.r.l., commonly referred to as Reggina, is an Italian football club based in Reggio Calabria. Founded in 1914, they currently play in Serie B, and play their home matches at the 27,763 seater Stadio Oreste Granillo. They are nic ...
. Marco Tardelli, chosen to replace Lippi, failed to improve results, and is remembered by Inter fans as the manager that lost 6–0 in the city derby against Milan. Other members of the Inter "family" during this period that suffered were the likes of Vieri and
Fabio Cannavaro Fabio Cannavaro (; born 13 September 1973) is an Italian professional football coach and former player. He is the current head coach of club Benevento. A centre-back, he spent the majority of his career in Italy. He started his career at Napo ...
, both of whom had their restaurants in Milan vandalised after defeats to the ''Rossoneri''. In 2002, not only did Inter manage to make it to the UEFA Cup semi-finals, but were also only 45 minutes away from capturing the ''Scudetto'' when they needed to maintain their one-goal advantage away to Lazio. Inter were 2–1 up after only 24 minutes. Lazio equalised during first half injury time and then scored two more goals in the second half to clinch victory that eventually saw Juventus win the championship. The next season, Inter finished as league runners-up and also managed to make it to the 2002–03 Champions League semi-finals against Milan, losing on the
away goals rule The away goals rule is a method of tiebreaker, tiebreaking in association football and other sports when teams play each other twice, once at each team's home ground. Under the away goals rule, if the total goals scored by each team are equal, the ...
.


Comeback and unprecedented treble (2004–2011)

On 8 July 2004, Inter appointed former Lazio coach Roberto Mancini as its new head coach. In his first season, the team collected 72 points from 18 wins, 18 draws and only two losses, as well as winning the Coppa Italia and later the Supercoppa Italiana. On 11 May 2006, Inter retained their Coppa Italia title once again after defeating
Roma Roma or ROMA may refer to: Places Australia * Roma, Queensland, a town ** Roma Airport ** Roma Courthouse ** Electoral district of Roma, defunct ** Town of Roma, defunct town, now part of the Maranoa Regional Council *Roma Street, Brisbane, a ...
with a 4–1 aggregate victory (a 1–1 scoreline in Rome and a 3–1 win at the San Siro). Inter were awarded the
2005–06 Serie A The 2005–06 Serie A (known as the Serie A TIM for sponsorship reasons) was the 104th season of top-tier Italian football, the 74th in a round-robin tournament. The league commenced on 28 August 2005 and finished on 14 May 2006. While Juventus w ...
championship retrospectively after title-winning Juventus was relegated and points were stripped from Milan due to the match fixing scandal that year. During the following season, Inter went on a record-breaking run of 17 consecutive victories in Serie A, starting on 25 September 2006 with a 4–1 home victory over
Livorno Livorno () is a port city on the Ligurian Sea on the western coast of Tuscany, Italy. It is the capital of the Province of Livorno, having a population of 158,493 residents in December 2017. It is traditionally known in English as Leghorn (pronou ...
, and ending on 28 February 2007, after a 1–1 draw at home to Udinese. On 22 April 2007, Inter won their second consecutive ''Scudetto''—and first on the field since 1989—when they defeated Siena 2–1 at
Stadio Artemio Franchi The Stadio Artemio Franchi is a football stadium in Florence, Italy. It is currently the home of ACF Fiorentina. The old nickname of the stadium was "Comunale." When it was first constructed, it was known as the ''Stadio Giovanni Berta'', after ...
. Italian World Cup-winning defender
Marco Materazzi Marco Materazzi (; born 19 August 1973) is an Italian former professional footballer and manager. Early in his career, Materazzi played with various Italian teams in Serie B and Serie C, and with Everton in the Premier League. He spent two per ...
scored both goals. Inter started the 2007–08 season with the goal of winning both Serie A and Champions League. The team started well in the league, topping the table from the first round of matches, and also managed to qualify for the Champions League knockout stage. However, a late collapse, leading to a 2–0 defeat with ten men away to Liverpool on 19 February in the Champions League, threw into question manager Roberto Mancini's future at Inter while domestic form took a sharp turn of fortune with the team failing to win in the three following Serie A games. After being eliminated by Liverpool in the Champions League, Mancini announced his intention to leave his job immediately only to change his mind the following day. On the final day of the
2007–08 Serie A The 2007–08 Serie A (known as the Serie A TIM for sponsorship reasons) was the 106th season of top-tier Italian football, the 76th in a round-robin tournament. It started on 25 August 2007 and ended on 18 May 2008. Internazionale successfully ...
season, Inter played Parma away, and two goals from Zlatan Ibrahimović sealed their third consecutive championship. Mancini, however, was sacked soon after due to his previous announcement to leave the club. On 2 June 2008, Inter appointed former Porto and Chelsea boss
José Mourinho José Mário dos Santos Mourinho Félix GOIH (; born 26 January 1963), is a Portuguese professional football manager and former player who is the current head coach of Italian Serie A club Roma. Once dubbed "The Special One" by the British ...
as new head coach. In his first season, the ''Nerazzurri'' won a Suppercoppa Italiana and a fourth consecutive title, though falling in the Champions League in the first knockout round for a third-straight year, losing to eventual finalist
Manchester United Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of City of Salford, Salford to ...
. In winning the league title Inter became the first club in the last 60 years to win the title for the fourth consecutive time and joined Torino and Juventus as the only clubs to accomplish this feat, as well as being the first club based outside Turin. Inter won the 2009–10 Champions League, defeating reigning champions Barcelona in the semi-final before beating
Bayern Munich Fußball-Club Bayern München e. V. (FCB, ), also known as FC Bayern (), Bayern Munich, or simply Bayern, is a German professional sports club based in Munich, Bavaria. It is best known for its professional men's football team, which pla ...
2–0 in the final with two goals from Diego Milito. Inter also won the
2009–10 Serie A The 2009–10 Serie A (known as the Serie A TIM for sponsorship reasons) was the 108th season of top-tier Italian football, the 78th in a round-robin tournament. There were three promoted teams from the Serie B, replacing the three teams that w ...
title by two points over Roma, and the 2010 Coppa Italia by defeating the same side 1–0 in the final. This made Inter the first Italian team to win the
treble Treble may refer to: In music: *Treble (sound), tones of high frequency or range, the counterpart of bass *Treble voice, a choirboy or choirgirl singing in the soprano range *Treble (musical group), a three-piece girl group from the Netherlands *T ...
. At the end of the season, Mourinho left the club to manage Real Madrid; he was replaced by Rafael Benítez. On 21 August 2010, Inter defeated Roma 3–1 and won the
2010 Supercoppa Italiana The 2010 Supercoppa Italiana was the 23rd Supercoppa Italiana, an annual football match contested by the winners of the previous season's Serie A and Coppa Italia competitions. The match was played at the San Siro on 21 August 2010, and contested b ...
, their fourth trophy of the year. In December 2010, they claimed the
FIFA Club World Cup The FIFA Club World Cup is an international men's association football competition organised by the ''Fédération Internationale de Football Association'' ( FIFA), the sport's global governing body. The competition was first contested in 200 ...
for the first time after a 3–0 win against TP Mazembe in the final. However, after this win, on 23 December 2010, due to their declining performance in Serie A, the team fired Benítez. He was replaced by
Leonardo Leonardo is a masculine given name, the Italian, Spanish, and Portuguese equivalent of the English, German, and Dutch name, Leonard Leonard or ''Leo'' is a common English masculine given name and a surname. The given name and surname originate ...
the following day. Leonardo started with 30 points from 12 games, with an average of 2.5 points per game, better than his predecessors Benítez and Mourinho. On 6 March 2011, Leonardo set a new Italian Serie A record by collecting 33 points in 13 games; the previous record was 32 points in 13 games made by Fabio Capello in the 2004–05 season. Leonardo led the club to the quarter-finals of the Champions League before losing to Schalke 04, and lead them to Coppa Italia title. At the end of the season, however, he resigned and was followed by new managers
Gian Piero Gasperini Gian Piero Gasperini (born 26 January 1958) is an Italian football manager and former player, who is currently the manager of Italian side Atalanta. Playing career Gasperini entered the Juventus youth system at the age of 9; during his stay ...
, Claudio Ranieri and Andrea Stramaccioni, all hired during the following season.


Changes in ownership (2011–2019)

On 1 August 2012, the club announced that Moratti was to sell a minority interest of the club to a Chinese consortium led by
Kenneth Huang Huang Jianhua, also known as Kenneth Huang (; born 1965), is a Chinese businessman. Huang founded Sportscorp China in 2004. In 2009, Huang began investing in Chinese sports leagues and teams. Early life and education Born in Guangzhou, China in ...
. On the same day, Inter announced an agreement was formed with China Railway Construction Corporation Limited for a new stadium project, however, the deal with the Chinese eventually collapsed.FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2013
PDF purchased from Italian C.C.I.A.A.
The 2012–13 season was the worst in recent club history with Inter finishing ninth in Serie A and failing to qualify for any European competitions.
Walter Mazzarri Walter Mazzarri (; born 1 October 1961) is an Italian former footballer and head coach, most recently in charge of Serie A club Cagliari. After a 14-year playing career with Italian clubs including Reggiana and Empoli, Mazzarri coached several ...
was appointed to replace Stramaccioni as the manager for 2013–14 season on 24 May 2013, having ended his tenure at Napoli. He guided the club to fifth in Serie A and to
2014–15 UEFA Europa League The 2014–15 UEFA Europa League was the 44th season of Europe's secondary club football tournament organised by UEFA, and the sixth season since it was renamed from the UEFA Cup to the UEFA Europa League. The 2015 UEFA Europa League Final was ...
qualification. On 15 October 2013, an Indonesian consortium (International Sports Capital HK Ltd.) led by Erick Thohir, Handy Soetedjo and Rosan Roeslani, signed an agreement to acquire 70% of Inter shares from Internazionale Holding S.r.l. Immediately after the deal, Moratti's Internazionale Holding S.r.l. still retained 29.5% of the shares of FC Internazionale Milano S.p.A.FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2014
PDF purchased from Italian C.C.I.A.A.
After the deal, the shares of Inter was owned by a chain of holding companies, namely International Sports Capital S.p.A. of Italy (for 70% stake), International Sports Capital HK Limited and Asian Sports Ventures HK Limited of Hong Kong. Asian Sports Ventures HK Limited, itself another intermediate holding company, was owned by Nusantara Sports Ventures HK Limited (60% stake, a company owned by Thohir), Alke Sports Investment HK Limited (20% stake) and Aksis Sports Capital HK Limited (20% stake). Thohir, whom also co-owned
Major League Soccer Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada ...
(MLS) club
D.C. United D.C. United is a professional soccer club based in Washington, D.C. that competes in the Eastern Conference of Major League Soccer, the top tier of American soccer. Domestically, the club has won four MLS Cups (league championships), four Suppo ...
and
Indonesia Super League Liga 1 ( en, League 1), also known as BRI Liga 1 for sponsorship reasons with Bank Rakyat Indonesia, is the men's top professional football division of the Indonesian football league system. Administered by the PT Liga Indonesia Baru (), Liga 1 i ...
(ISL) club Persib Bandung, announced on 2 December 2013 that Inter and D.C. United had formed
strategic partnership A strategic partnership (also see strategic alliance) is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, ...
. During the Thohir era the club began to modify its financial structure from one reliant on continual owner investment to a more self sustain business model although the club still breached
UEFA Financial Fair Play Regulations The UEFA Financial Fair Play Regulations (FFP) are a set of regulations established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might th ...
in 2015. The club was fined and received squad reduction in UEFA competitions, with additional penalties suspended in the probation period. During this time, Roberto Mancini returned as the club manager on 14 November 2014, with Inter finishing eighth. Inter finished 2015–2016 season fourth, failing to return to Champions League. On 6 June 2016,
Suning Holdings Group Suning Holdings Group Co., Ltd. () is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group. Acc ...
(via a Luxembourg-based subsidiary Great Horizon S.á r.l.) a company owned by
Zhang Jindong Zhang Jindong (; born March 1963) is a Chinese billionaire entrepreneur. He is one of the founders and the current honorary chairman of the Suning.com, headquartered in Nanjing, Jiangsu Province. He also owned 100% stake in Suning Holdings Grou ...
, co-founder and chairman of Suning Commerce Group, acquired a majority stake of Inter from Thohir's consortium International Sports Capital S.p.A. and from Moratti family's remaining shares in Internazionale Holding S.r.l. According to various filings, the total investment from Suning was €270 million. The deal was approved by an extraordinary general meeting on 28 June 2016, from which Suning Holdings Group had acquired a 68.55% stake in the club. The first season of new ownership, however, started with poor performance in pre-season friendlies. On 8 August 2016, Inter parted company with head coach Roberto Mancini by mutual consent over disagreements regarding the club's direction. He was replaced by Frank de Boer who was sacked on 1 November 2016 after leading Inter to a 4W–2D–5L record in 11 Serie A games as head coach. The successor,
Stefano Pioli Stefano Pioli (; born 20 October 1965) is an Italian football manager and a former footballer who played as a defender. He is the head coach at Serie A club AC Milan, whom he led to the Serie A title in 2022. Playing career Pioli, a native of ...
, didn't save the team from getting the worst group result in UEFA competitions in the club's history. Despite an eight-game winning streak, he and the club parted away before season's end when it became clear they would finish outside the league's top three for the sixth consecutive season. On 9 June 2017, former Roma coach
Luciano Spalletti Luciano Spalletti (; born 7 March 1959) is an Italian football manager and a former player. He is currently the manager of Italian Serie A club Napoli. Playing career Born in Certaldo, Metropolitan City of Florence, Spalletti started his career ...
was appointed as Inter manager, signing a two-year contract, and eleven months later Inter clinched a UEFA Champions League group stage spot after going six years without Champions League participation thanks to a 3–2 victory against Lazio in the final game of
2017–18 Serie A The 2017–18 Serie A (known as the Serie A TIM for sponsorship reasons) was the 116th season of top-tier Italian football, the 86th in a round-robin tournament and the 8th since its organization under a league committee separate from Serie B. ...
. Due to this success, in August the club extended the contract with Spalletti to 2021. On 26 October 2018, Steven Zhang was appointed as new president of the club. On 25 January 2019, the club officially announced that LionRock Capital from Hong Kong reached an agreement with International Sports Capital HK Limited, in order to acquire its 31.05% shares in Inter and to become the club's new minority shareholder. After the
2018–19 Serie A The 2018–19 Serie A (known as the Serie A TIM for sponsorship reasons) was the 117th season of top-tier Italian football, the 87th in a round-robin tournament, and the 9th since its organization under a league committee separate from Serie B ...
season, despite Inter finishing fourth, Spalletti was sacked. In May 2021, American investment firm Oaktree Capital loaned Inter $336 million to cover losses incurred during the COVID-19 pandemic.


Recent history (2019–present)

On 31 May 2019, Inter appointed former Juventus and Italian manager
Antonio Conte Antonio Conte (; born 31 July 1969) is an Italian professional football manager and former player who is the head coach of Premier League club Tottenham Hotspur. Playing as a midfielder, Conte began his career at local club Lecce and later b ...
as their new coach, signing a three-year deal. In September 2019, Steven Zhang was elected to the board of the European Club Association. In the
2019–20 Serie A The 2019–20 Serie A (known as the Serie A TIM for sponsorship reasons) was the 118th season of top-tier Italian football, the 88th in a round-robin tournament, and the 10th since its organization under an own league committee, the Lega Serie ...
, Inter Milan finished as runner-up as they won 2–0 against Atalanta on the last matchday. They also reached the
2020 UEFA Europa League Final The 2020 UEFA Europa League Final was the final match of the 2019–20 UEFA Europa League, the 49th season of Europe's secondary club football tournament organised by UEFA, and the 11th season since it was renamed from the UEFA Cup to the UEFA Eur ...
, ultimately losing 3–2 to Sevilla. Following Atalanta's draw against
Sassuolo Sassuolo (; egl, label=Modenese dialect, Modenese, Sasól ) is an Italian town, ''comune'', and industrial centre of the Province of Modena in Emilia-Romagna. Standing on the right bank of the river Secchia some southwest of Modena, the town ...
on 2 May 2021, Internazionale were confirmed as champions for the first time in eleven years, ending
Juventus Juventus Football Club (from la, iuventūs, 'youth'; ), colloquially known as Juve (), is a professional Association football, football club based in Turin, Piedmont, Italy, that competes in the Serie A, the top tier of the Italian football leagu ...
' run of nine consecutive titles. However, despite securing Serie A glory, Conte left the club by mutual consent on 26 May 2021. The departure was reportedly due to disagreements between Conte and the board over player transfers. In June 2021, Simone Inzaghi was appointed as Conte's replacement. On 22 June 2021,
Carlo Cottarelli Carlo Cottarelli (; born 18 August 1954) is an Italian economist and former director of the International Monetary Fund. On 28 May 2018 he was designated Prime Minister of Italy by President Sergio Mattarella, to lead a caretaker government that w ...
launched the shareholding of the fans of the Inter Milan club with InterSpac project. On 8 August 2021, Romelu Lukaku was sold to Chelsea F.C. for €115 million, representing the most expensive association football transfer by an Italian football club ever. On 12 January 2022, Inter won the
Supercoppa Italiana The Supercoppa Italiana ( en, Italian Super Cup) is an annual football match contested by the winners of the Serie A and the Coppa Italia in the previous season. If the same team wins both the Serie A and Coppa Italia titles in the previous seaso ...
, defeating
Juventus Juventus Football Club (from la, iuventūs, 'youth'; ), colloquially known as Juve (), is a professional Association football, football club based in Turin, Piedmont, Italy, that competes in the Serie A, the top tier of the Italian football leagu ...
2–1 at San Siro. After conceding a goal to the opponent, Inter equalised with a
Lautaro Martínez Lautaro Javier Martínez (born 22 August 1997) is an Argentine professional footballer who plays as a striker for club Inter Milan and the Argentina national team. Martínez began his football career in his native Argentina, where he made his ...
's penalty, with the normal time closing on 1-1. In the last second of the extra-time, Alexis Sánchez scored the winning goal taking advantage of Juventus difensive inattention and giving Inter the first trophy of the season, also Simone Inzaghi's first trophy as Inter manager. On 11 May 2022, Inter won the Coppa Italia defeating
Juventus Juventus Football Club (from la, iuventūs, 'youth'; ), colloquially known as Juve (), is a professional Association football, football club based in Turin, Piedmont, Italy, that competes in the Serie A, the top tier of the Italian football leagu ...
4–2 at
Stadio Olimpico The Stadio Olimpico (English: ''Olympic Stadium'') is the largest sports facility in Rome, Italy, seating over 70,000 spectators. It is located within the Foro Italico sports complex, north of the city. The structure is owned by the Italian Na ...
. After normal time had ended 2-2, with
Nicolò Barella Nicolò Barella (born 7 February 1997) is an Italian professional footballer who plays as a midfielder for club Inter Milan and the Italy national team. He is often recognized as one of the best midfielders in Europe. Club career Cagliari ...
and
Hakan Çalhanoğlu Hakan Çalhanoğlu (, born 8 February 1994) is a Turkish professional footballer who plays as an attacking midfielder for club Inter Milan and the Turkey national team, which he captains. He is well renowned as a free kick specialist, known f ...
scoring Inter's goals, Ivan Perišić's brace in the extra-time gave Inter the win and the second title of the season. The
2021–22 Serie A The 2021–22 Serie A (known as the Serie A TIM for sponsorship reasons) was the 120th season of top-tier Italian football, the 90th in a round-robin tournament, and the 12th since its organization under an own league committee, the Lega Serie ...
campaign saw Inter finish in second place, being the most prolific attacking side with 84 goals.


Colours and badge

One of the founders of Inter, a painter named Giorgio Muggiani, was responsible for the design of the first Inter logo in 1908. The first design incorporated the letters "FCIM" in the centre of a series of circles that formed the badge of the club. The basic elements of the design have remained constant even as finer details have been modified over the years. Starting at the 1999–2000 season, the original club crest was reduced in size, to give place for the addition of the club's name and foundation year at the upper and lower part of the logo respectively. In 2007, the logo was returned to the pre-1999–2000 era. It was given a more modern look with a smaller ''Scudetto'' star and lighter color scheme. This version was used until July 2014, when the club decided to undertake a rebranding. The most significant difference between the current and the previous logo is the omission of the star from other media except match kits. Since its founding in 1908, Inter have almost always worn black and blue stripes, earning them the nickname ''
Nerazzurri Football Club Internazionale Milano, commonly referred to as Internazionale () or simply Inter, and colloquially known as Inter Milan in English-speaking countries, is an Italian professional football club based in Milan, Lombardy. Inter is t ...
''. According to the tradition, the colours were adopted to represent the nocturnal sky: in fact, the club was established on the night of 9 March, at 23:30; moreover, blue was chosen by Giorgio Muggiani because he considered it to be the opposite colour to red, worn by the Milan Cricket and Football Club rivals. During the 1928–29 season, however, Inter were forced to abandon their black and blue uniforms. In 1928, Inter's name and philosophy made the ruling Fascist Party uneasy; as a result, during the same year the 20-year-old club was merged with ''Unione Sportiva Milanese'': the new club was named ''Società Sportiva Ambrosiana'' after the patron saint of Milan. The
flag of Milan The Flag of Milan consists of a red cross on a white field. Whilst similar to the Saint George's Cross, Cross of Saint George, the flag instead symbolises the connection between Ambrose, Saint Ambrose and the city of Milan. History The associa ...
(the red cross on white background) replaced the traditional black and blue. In 1929 the black-and-blue jerseys were restored, and after World War II, when the Fascists had fallen from power, the club reverted to their original name. In 2008, Inter celebrated their centenary with a red cross on their away shirt. The cross is reminiscent of the flag of their city, and they continue to use the pattern on their third kit. In 2014, the club adopted a predominantly black home kit with thin blue pinstripes before returning to a more traditional design the following season. Animals are often used to represent football clubs in Italy – the grass snake, called ''
Biscione The ''biscione'' or ''bisson'' . ("big grass snake"), less commonly known also as the ''vipera'' ("viper"), is a heraldic charge showing on argent an azure serpent in the act of eating or giving birth to a human. It is a historic symbol of th ...
'', represents Inter. The snake is an important symbol for the city of Milan, appearing often in Milanese
heraldry Heraldry is a discipline relating to the design, display and study of armorial bearings (known as armory), as well as related disciplines, such as vexillology, together with the study of ceremony, rank and pedigree. Armory, the best-known branch ...
as a coiled viper with a man in its jaws. The symbol is present on the coat of arms of the
House of Sforza The House of Sforza () was a ruling family of Renaissance Italy, based in Milan. They acquired the Duchy of Milan following the extinction of the Visconti family in the mid-15th century, Sforza rule ending in Milan with the death of the last me ...
(which ruled over Italy from Milan during the Renaissance period), the city of Milan, the historical
Duchy of Milan The Duchy of Milan ( it, Ducato di Milano; lmo, Ducaa de Milan) was a state in northern Italy, created in 1395 by Gian Galeazzo Visconti, then the lord of Milan, and a member of the important Visconti family, which had been ruling the city sin ...
(a 400-year state of the Holy Roman Empire) and Insubria (a historical region the city of Milan falls within). For the 2010–11 season, Inter's away kit featured the serpent. FC Inter Milan first logo (1908-1928).png, 1908–1928 Logo of FC Inter Milan (1963-1979).svg, 1963–1979 Inter old logo (1999-2007).png, 1998–2007 Inter Mailand.svg, 2007–2014 FC Internazionale Milano 2014.svg, 2014–2021 FC Internazionale Milano 2021.svg, 2021–present


Stadium

The team's stadium is the 75,923 seat San Siro, officially known as the ''Stadio Giuseppe Meazza'' after the former player who represented both Milan and Inter. The more commonly used name, ''San Siro'', is the name of the district where it is located. San Siro has been the home of Milan since 1926, when it was privately built by funding from Milan's chairman at the time, Piero Pirelli. Construction was performed by 120 workers, and took 13 and a half months to complete. The stadium was owned by the club until it was sold to the city in 1935, and since 1947 it has been shared with Inter, when they were accepted as joint tenant. The first game played at the stadium was on 19 September 1926, when Inter beat Milan 6–3 in a friendly match. Milan played its first league game in San Siro on 19 September 1926, losing 1–2 to
Sampierdarenese Unione Calcio Sampdoria, commonly referred to as Sampdoria (), is an Italian professional football club based in Genoa. The club was formed in 1946 from the merger of two existing sports clubs whose roots can be traced back to the 1890s, S ...
. From an initial capacity of 35,000 spectators, the stadium has undergone several major renovations. The last renovation was in late 2021 to host the UEFA Nations League final. By the way the biggest structural renovation was made for the
2016 UEFA Champions League Final The 2016 UEFA Champions League Final was the final match of the 2015–16 UEFA Champions League, the 61st season of Europe's premier club football tournament organised by UEFA, and the 24th season since it was renamed from the European Champion ...
. The stadium will be refurbished again in time for Milano Cortina 2026. Based on the English model for stadiums, San Siro is specifically designed for football matches, as opposed to many multi-purpose stadiums used in Serie A. It is therefore renowned in Italy for its fantastic atmosphere during matches owing to the closeness of the stands to the pitch.


New Milano Stadium

Since 2012, various proposals and projects by Massimo Moratti have alternated regarding a possible construction of a new Inter stadium. Between June and July 2019 Inter and A.C. Milan announced the agreement for the construction of a new shared stadium in the San Siro area. In the winter of 2021, Giuseppe Sala, the mayor of Milan, gave the official permission for the construction of the new stadium next to San Siro that will be partially demolished and refunctionalised after the 2026 Olympic Games. In early 2022 Inter and A.C. Milan revealed a "plan B" to relocate the construction of the new Milano stadium in the
Greater Milan The Milan metropolitan area, also known as Grande Milano ("Greater Milan"), is the largest metropolitan area in Italy and the 54th largest in the world. It is the largest transnational metropolitan area in the EU. The metropolitan area describ ...
, away from San Siro area.


Supporters and rivalries

Inter is one of the most supported clubs in Italy, according to an August 2007 research by Italian newspaper '' La Repubblica''. In the early years (until the First World War), Inter fans from the city of Milan were typically middle class, while Milan fans were typically working class. During Massimo Moratti ownership Inter fans were viewed in a moderate left-political eye. At the same time during Silvio Berlusconi reign, A.C. Milan fans were viewed in a moderate/right political eye. Today these divisions are anachronistic. The traditional ultras group of Inter is ''Boys San''; they hold a significant place in the history of the ultras scene in general due to the fact that they are one of the oldest, being founded in 1969. Politically, one group (Irriducibili) of Inter Ultras are right-wing and this group has good relationships with the Lazio ultras. As well as the main group (apolitical) of ''Boys San'', there are five more significant groups: ''Viking'' (apolitical), ''Irriducibili'' (right-wing), ''Ultras'' (apolitical), ''Brianza Alcoolica'' (apolitical) and ''Imbastisci'' (left-wing). Inter's most vocal fans are known to gather in the Curva Nord, or north curve of the San Siro. This longstanding tradition has led to the Curva Nord being synonymous with the club's most die-hard supporters, who unfurl banners and wave flags in support of their team. Inter have several rivalries, two of which are highly significant in
Italian football Football ( it, calcio ) is the most popular sport in Italy. The Italy national football team is considered to be one of the best national teams in the world. They have won the FIFA World Cup four times (1934, 1938, 1982, 2006), trailing only Bra ...
; firstly, they participate in the intracity '' Derby della Madonnina'' with AC Milan; the rivalry has existed ever since Inter splintered off from Milan in 1908. The name of the derby refers to the
Blessed Virgin Mary Mary; arc, ܡܪܝܡ, translit=Mariam; ar, مريم, translit=Maryam; grc, Μαρία, translit=María; la, Maria; cop, Ⲙⲁⲣⲓⲁ, translit=Maria was a first-century Jewish woman of Nazareth, the wife of Joseph and the mother o ...
, whose statue atop the
Milan Cathedral Milan Cathedral ( it, Duomo di Milano ; lmo, Domm de Milan ), or Metropolitan Cathedral-Basilica of the Nativity of Saint Mary ( it, Basilica cattedrale metropolitana di Santa Maria Nascente, links=no), is the cathedral church of Milan, Lombard ...
is one of the city's main attractions. The match usually creates a lively atmosphere, with numerous (often humorous or offensive) banners unfolded before the match. Flares are commonly present, but they also led to the abandonment of the second leg of the 2004–05 Champions League quarter-final matchup between Milan and Inter on 12 April after a flare thrown from the crowd by an Inter supporter struck Milan keeper Dida on the shoulder. The other significant rivalry is with Juventus; matches between the two clubs are known as the '' Derby d'Italia''. Up until the
2006 Italian football scandal ''Calciopoli'' () was a sports scandal in Italy's top professional association football league Serie A and to a lesser extent Serie B. Involving various clubs and numerous executives, both from the same clubs and from the main Italian football b ...
, which saw Juventus relegated, the two were the only Italian clubs never to have played below Serie A. In the 2000s, Inter developed a rivalry with
Roma Roma or ROMA may refer to: Places Australia * Roma, Queensland, a town ** Roma Airport ** Roma Courthouse ** Electoral district of Roma, defunct ** Town of Roma, defunct town, now part of the Maranoa Regional Council *Roma Street, Brisbane, a ...
, who finished as runners-up to Inter in all but one of Inter's five ''Scudetto''-winning seasons between 2005–06 and 2009–10. The two sides have also contested in five Coppa Italia finals and four Supercoppa Italiana finals since 2006. Other clubs, like Atalanta and Napoli, are also considered among their rivals. Their supporters collectively go by ''Interisti'', or ''Nerazzurri.''


Honours

Inter have won 33 domestic trophies, including the Serie A 19 times, the Coppa Italia eight times and the
Supercoppa Italiana The Supercoppa Italiana ( en, Italian Super Cup) is an annual football match contested by the winners of the Serie A and the Coppa Italia in the previous season. If the same team wins both the Serie A and Coppa Italia titles in the previous seaso ...
six times. From 2006 to 2010, the club won five successive league titles, equalling the all-time record before 2017, when Juventus won the sixth successive league title. They have won the UEFA Champions League three times: two back-to-back in
1964 Events January * January 1 – The Federation of Rhodesia and Nyasaland is dissolved. * January 5 - In the first meeting between leaders of the Roman Catholic and Orthodox churches since the fifteenth century, Pope Paul VI and Patriarch ...
and
1965 Events January–February * January 14 – The Prime Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndo ...
and then another in
2010 File:2010 Events Collage New.png, From top left, clockwise: The 2010 Chile earthquake was one of the strongest recorded in history; The Eruption of Eyjafjallajökull in Iceland disrupts air travel in Europe; A scene from the opening ceremony of ...
; the last completed an unprecedented Italian
treble Treble may refer to: In music: *Treble (sound), tones of high frequency or range, the counterpart of bass *Treble voice, a choirboy or choirgirl singing in the soprano range *Treble (musical group), a three-piece girl group from the Netherlands *T ...
with the Coppa Italia and the ''Scudetto''. The club has also won three UEFA Europa League, two Intercontinental Cup and one
FIFA Club World Cup The FIFA Club World Cup is an international men's association football competition organised by the ''Fédération Internationale de Football Association'' ( FIFA), the sport's global governing body. The competition was first contested in 200 ...
. Inter has never been relegated from the top flight of Italian football in its entire existence. It is the sole club to have competed in Serie A and its predecessors in every season since its debut in 1909.


Club statistics and records

Javier Zanetti Javier Adelmar Zanetti (; born 10 August 1973) is an Argentine former professional footballer. He is regarded as one of the best players of his generation, and is especially well known for his role in Inter Milan's treble-winning 2009–10 seas ...
holds the records for both total appearances and Serie A appearances for Inter, with 858 official games played in total and 618 in Serie A. Giuseppe Meazza is Inter's all-time top goalscorer, with 284 goals in 408 games. Behind him, in second place, is Alessandro Altobelli with 209 goals in 466 games, and Roberto Boninsegna in third place, with 171 goals over 281 games. Helenio Herrera had the longest reign as Inter coach, with nine years (eight consecutive) in charge, and is the most successful coach in Inter history with three ''Scudetti'', two European Cups, and two Intercontinental Cup wins.
José Mourinho José Mário dos Santos Mourinho Félix GOIH (; born 26 January 1963), is a Portuguese professional football manager and former player who is the current head coach of Italian Serie A club Roma. Once dubbed "The Special One" by the British ...
, who was appointed on 2 June 2008, completed his first season in Italy by winning the Serie A title and the Supercoppa Italiana; in his second season he won the first "
treble Treble may refer to: In music: *Treble (sound), tones of high frequency or range, the counterpart of bass *Treble voice, a choirboy or choirgirl singing in the soprano range *Treble (musical group), a three-piece girl group from the Netherlands *T ...
" in Italian history: the Serie A, Coppa Italia and the UEFA Champions League.


Players


First-team squad


Other players under contract


Out on loan


Youth teams


Women team


Notable players


Retired numbers

3 – Giacinto Facchetti,
left back In the sport of association football, a defender is an outfield position whose primary role is to stop attacks during the game and prevent the opposition from scoring. Centre-backs are usually positioned in pairs, with one full-back on either s ...
, played for Inter 1960–1978 ''(posthumous honour)''. The number was retired on 8 September 2006, four days after Facchetti had died from cancer aged 64. The last player to wear the number 3 shirt was Argentinian center back
Nicolás Burdisso Nicolás Andrés Burdisso (born 12 April 1981) is an Argentine football manager and former professional player who played as a centre back. Burdisso began his career with Boca Juniors. Here, he won Argentine Championships, three Copa Libertado ...
, who took on the number 16 shirt for the rest of the season. 4 –
Javier Zanetti Javier Adelmar Zanetti (; born 10 August 1973) is an Argentine former professional footballer. He is regarded as one of the best players of his generation, and is especially well known for his role in Inter Milan's treble-winning 2009–10 seas ...
, defensive midfielder, played 858 games for Inter between 1995 and his retirement in the summer of 2014. In June 2014, club chairman Erick Thohir confirmed that Zanetti's number 4 was to be retired out of respect.


Technical staff

:'


Chairmen and managers


Chairmen history

Below is a list of Inter chairmen from 1908 until the present day.


Managerial history

Below is a list of Inter coaches from 1909 until the present day.


Corporate

FC Internazionale Milano S.p.A. was described as one of the financial "black-holes" among the Italian clubs, which was heavily dependent on the financial contribution from the owner Massimo Moratti. In June 2006, the shirt sponsor and the minority shareholder of the club,
Pirelli Pirelli & C. S.p.A. is a multinational tyre manufacturer based in Milan, Italy. The company, which has been listed on the Milan Stock Exchange since 1922, is the 6th-largest tyre manufacturer and is focused on the consumer production of tyre ...
, sold 15.26% shares of the club to Moratti family, for €13.5 million. The tyre manufacturer retained 4.2%. However, due to several capital increases of Inter, such as a reversed merger with an intermediate holding company, Inter Capital S.r.l. in 2006, which held 89% shares of Inter and €70 million capitals at that time, or issues new shares for €70.8 million in June 2007, €99.9 million in December 2007, €86.6 million in 2008, €70 million in 2009, €40 million in 2010 and 2011, €35 million in 2012 or allowing Thoir subscribed €75 million new shares of Inter in 2013, Pirelli became the third largest shareholders of just 0.5%, . Inter had yet another recapitalization that was reserved for
Suning Holdings Group Suning Holdings Group Co., Ltd. () is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group. Acc ...
in 2016. In the prospectus of Pirelli's second IPO in 2017, the company also revealed that the value of the remaining shares of Inter that was owned by Pirelli, was write-off to zero in 2016 financial year. Inter also received direct capital contribution from the shareholders to cover loss which was excluded from issuing shares in the past. ( it, versamenti a copertura perdite) Right before the takeover of Thohir, the consolidated balance sheets of "Internazionale Holding S.r.l." showed the whole companies group had a bank debt of €157 million, including the bank debt of a subsidiary "Inter Brand Srl", as well as the club itself, to Istituto per il Credito Sportivo (ICS), for €15.674 million on the balance sheet at end of 2012–13 financial year. In 2006 Inter sold its brand to the new subsidiary, "Inter Brand S.r.l.", a special purpose entity with a shares capital of €40 million, for €158 million (the deal made Internazionale make a net loss of just €31 million in a separate financial statement). At the same time the subsidiary secured a €120 million loan from
Banca Antonveneta Banca Antonveneta S.p.A. was an Italian bank based in Padua, Italy. The bank was absorbed into Banca Monte dei Paschi di Siena in 2013. In 2008, it was the 9th largest banking group in Italy in terms of customer loans and the 8th largest in terms ...
, which would be repaid in installments until 30 June 2016; '' La Repubblica'' described the deal as "doping". In September 2011 Inter secured a loan from ICS by factoring the sponsorship of
Pirelli Pirelli & C. S.p.A. is a multinational tyre manufacturer based in Milan, Italy. The company, which has been listed on the Milan Stock Exchange since 1922, is the 6th-largest tyre manufacturer and is focused on the consumer production of tyre ...
of 2012–13 and 2013–14 season, for €24.8 million, in an interest rate of 3 months Euribor + 1.95% spread. In June 2014 new Inter Group secured €230 million loan from
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
and UniCredit at a new interest rate of 3 months Euribor + 5.5% spread, as well as setting up a new subsidiary to be the debt carrier: "Inter Media and Communication S.r.l.". €200 million of which would be utilized in debt refinancing of the group. The €230million loan, €1 million (plus interests) would be due on 30 June 2015, €45 million (plus interests) would be repaid in 15 installments from 30 September 2015 to 31 March 2019, as well as €184 million (plus interests) would be due on 30 June 2019. In ownership side, the Hong Kong-based International Sports Capital HK Limited, had pledged the shares of Italy-based International Sports Capital S.p.A. (the direct holding company of Inter) to
CPPIB The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Can ...
Credit Investments for €170 million in 2015, at an interest rate of 8% p.a (due March 2018) to 15% p.a. (due March 2020). ISC repaid the notes on 1 July 2016 after they sold part of the shares of Inter to
Suning Holdings Group Suning Holdings Group Co., Ltd. () is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group. Acc ...
. However, in the late 2016 the shares of ISC S.p.A. was pledged again by ISC HK to private equity funds of OCP Asia for US$80 million. In December 2017, the club also refinanced its debt of €300 million, by issuing corporate bond to the market, via
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
as the bookkeeper, for an interest rate of 4.875% p.a. Considering revenue alone, Inter surpassed city rivals in Deloitte Football Money League for the first time, in the 2008–2009 season, to rank in ninth place, one place behind Juventus in eighth place, with Milan in tenth place. In the 2009–10 season, Inter remained in ninth place, surpassing Juventus (10th) but Milan re-took the leading role as the seventh. Inter became the eighth in 2010–2011, but was still one place behind Milan. Since 2011, Inter fell to 11th in 2011–12, 15th in 2012–13, 17th in 2013–14, 19th in 2014–15 and 2015–16 season. In 2016–17 season, Inter was ranked 15th in the ''Money League''. In 2010 ''Football Money League'' (2008–09 season), the normalized revenue of €196.5 million were divided up between matchday (14%, €28.2 million), broadcasting (59%, €115.7 million, +7%, +€8 million) and commercial (27%, €52.6 million, +43%). Kit sponsors Nike and Pirelli contributed €18.1 million and €9.3 million respectively to commercial revenues, while broadcasting revenues were boosted €1.6 million (6%) by Champions League distribution. Deloitte expressed the idea that issues in Italian football, particularly matchday revenue issues were holding Inter back compared to other European giants, and developing their own stadia would result in Serie A clubs being more competitive on the world stage. In 2009–10 season the revenue of Inter was boosted by the sales of Ibrahimović, the
treble Treble may refer to: In music: *Treble (sound), tones of high frequency or range, the counterpart of bass *Treble voice, a choirboy or choirgirl singing in the soprano range *Treble (musical group), a three-piece girl group from the Netherlands *T ...
and the release clause of coach
José Mourinho José Mário dos Santos Mourinho Félix GOIH (; born 26 January 1963), is a Portuguese professional football manager and former player who is the current head coach of Italian Serie A club Roma. Once dubbed "The Special One" by the British ...
.FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2010, PDF purchased from C.C.I.A.A. (in Italian) According to the normalized figures by Deloitte in their 2011 ''Football Money League'', in 2009–10 season, the revenue had increased €28.3 million (14%) to €224.8 million. The ratio of matchday, broadcasting and commercial in the adjusted figures was 17%:62%:21%. For the 2010–11 season, Serie A clubs started negotiating club TV rights collectively rather than individually. This was predicted to result in lower broadcasting revenues for big clubs such as Juventus and Inter, with smaller clubs gaining from the loss. Eventually the result included an extraordinary income of €13 million from RAI. In 2012 ''Football Money League'' (2010–11 season), the normalized revenue was €211.4 million. The ratio of matchday, broadcasting and commercial in the adjusted figures was 16%:58%:26%. However, combining revenue and cost, in the 2006–07 season they had a net loss of €206 millionFC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2007 (in Italian), PDF purchased from C.C.I.A.A. (€112 million extraordinary basis, due to the abolition of non-standard accounting practice of the special amortization fund), followed by a net loss of €148 million in the 2007–08 season,FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2008, PDF purchased from C.C.I.A.A. (in Italian) a net loss of €154 million in 2008–09 season,FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2009, PDF purchased from C.C.I.A.A. (in Italian) a net loss of €69 million in the 2009–10 season, a net loss of €87 million in the 2010–11 season,FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2011, PDF purchased from C.C.I.A.A. (in Italian) a net loss of €77 million in the 2011–12 season,FC Internazionale Milano S.p.A. ''bilancio'' (financial report and accounts) on 30 June 2012, PDF purchased from C.C.I.A.A. (in Italian) a net loss of €80 million in 2012–13 season and a net profit of €33 million in 2013–14 season, due to special income from the establishment of subsidiary Inter Media and Communication. All aforementioned figures were in separate financial statement. Figures from consolidated financial statement were announced since 2014–15 season, which were net losses of €140.4 million (2014–15), €59.6 million (2015–16 season, before 2017 restatement) and €24.6 million (2016–17). In 2015 Inter and Roma were the only two Italian clubs that were sanctioned by the UEFA due to their breaking of
UEFA Financial Fair Play Regulations The UEFA Financial Fair Play Regulations (FFP) are a set of regulations established to prevent professional football clubs spending more than they earn in the pursuit of success, and in doing so not getting into financial problems which might th ...
, which was followed by AC Milan which was once barred from returning to European competition in 2018. As a probation to avoid further sanction, Inter agreed to have a three-year aggregate break-even from 2015 to 2018, with the 2015–16 season being allowed to have a net loss of a maximum of €30 million, followed by break-even in the 2016–17 season and onwards. Inter was also fined €6 million plus an additional €14 million in probation. Inter also made a financial trick in the transfer market in mid-2015, in which
Stevan Jovetić Stevan Jovetić ( cnr, Стеван Јоветић, ; born 2 November 1989) is a Montenegrin footballer who plays as a striker for Bundesliga club Hertha BSC and captains the Montenegro national team. Jovetić's primary position is a second s ...
and Miranda were signed by Inter on temporary deals plus an obligation to sign outright in 2017, making their cost less in the loan period. Moreover, despite heavily investing in new signings, namely
Geoffrey Kondogbia Geoffrey Edwin Kondogbia (born 15 February 1993) is a professional footballer who plays as a defensive midfielder for La Liga club Atlético Madrid. Born in France, he represents the Central African Republic national team. He can also play as a ...
and Ivan Perišić that potentially increased the cost in amortization, Inter also sold
Mateo Kovačić Mateo Kovačić (; born 6 May 1994) is a Croatian professional footballer who plays as a midfielder for Premier League club Chelsea and the Croatia national team. He is usually deployed in a central or box-to-box role, but can play in deeper po ...
for €29 million, making a windfall profit. In November 2018, documents from
Football Leaks Football Leaks was a leak in association football revealing "murky" financial transactions in the world of European professional football and exposes the tax tricks employed by some of the continent's biggest stars. It began with a series of in ...
further revealed that the loan signings such as
Xherdan Shaqiri Xherdan Shaqiri (; born 10 October 1991) is a Swiss professional footballer who plays as a winger for Major League Soccer club Chicago Fire and the Switzerland national team. Shaqiri began his career at FC Basel, winning honours including t ...
in January 2015, was in fact had inevitable conditions to trigger the outright purchase. On 21 April 2017, Inter announced that their net loss (FFP adjusted) of 2015–16 season was within the allowable limit of €30 million. However, on the same day UEFA also announced that the reduction of squad size of Inter in European competitions would not be lifted yet, due to partial fulfilment of the targets in the settlement agreement. Same announcement was made by UEFA in June 2018, based on Inter's 2016–17 season financial result. In February 2020, Inter Milan sued
Major League Soccer Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada ...
(MLS) for trademark infringement, claiming that the term "Inter" is synonymous with its club and no one else.


Kit suppliers and shirt sponsors


See also

* Dynasties in Italian football * European Club Association


Notes


References


External links

*
FC Internazionale Milano
at Serie A
FC Internazionale Milano
at UEFA {{DEFAULTSORT:Internazionale Football clubs in Italy Football clubs in Milan Association football clubs established in 1908 Italian football First Division clubs Serie A clubs Serie A winning clubs Coppa Italia winning clubs G-14 clubs 1908 establishments in Italy Unrelegated association football clubs FIFA Club World Cup winning clubs UEFA Champions League winning clubs UEFA Cup winning clubs Intercontinental Cup winning clubs