PA Sport

Inter Milan yet to fully satisfy UEFA FFP targets

Inter Milan yet to fully satisfy UEFA FFP targets
By PA Sport

21/04/2017 at 17:13Updated 21/04/2017 at 17:16

Inter Milan remain subject to a UEFA Club Financial Control Body settlement agreement despite meeting their Financial Fair Play target for 2016.

In May 2015 the Serie A club were told by European football's governing body they had to limit losses to 30million euros in 2016, which they have done, and then break even this year else a fine of 7m euros would be applied and a settlement regime remain in place.

Before existing transfer restrictions and limitations on the number of players that may be included in their senior squad can be lifted, they must fulfil their obligations for this calendar year.

A statement published on Inter's official website on Friday said the club had, compared to the financial results of 2015, moved from a deficit of 110million euros to reach the quota set by UEFA.

The governing body said Inter, along with Turkish clubs Besiktas and Trabzonspor, had only partially fulfilled the targets set for the 2016-17 season.

Inter are bidding to secure a Europa League place and will hope to have fully satisfied UEFA's demands before the summer in order to name a full 25-man squad for the competition.

The Nerazzurri, managed by Stefano Pioli, are currently four points behind Atalanta, who occupy the nearest European place in the Serie A table.