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Sport Soccer-Inter must cut wages to survive COVID-19 hit, says Marotta

17:25  15 may  2021
17:25  15 may  2021 Source:   reuters.com

Soccer-Inter on brink of Serie A title with win that relegates Crotone

  Soccer-Inter on brink of Serie A title with win that relegates Crotone Soccer-Inter on brink of Serie A title with win that relegates CrotoneInter are on 82 points, 14 clear of second-placed Atalanta, and need one point to guarantee a first league title since 2010 due to their superior head-to-head record over the Bergamo club.

(Reuters) - Inter Milan CEO Giuseppe Marotta says the Italian club must reduce its wage bill to keep its business sustainable in the face of the financial difficulties caused by the COVID-19 pandemic.

Giuseppe Marotta et al. standing in front of a building: Serie A - Serie A hold an emergency meeting on coronavirus © Reuters/Alberto Lingria Serie A - Serie A hold an emergency meeting on coronavirus

Inter won their first Serie A title in 11 years at the start of May but reports in the Italian media say players and staff have been asked to sacrifice two months' wages to help ease the economic situation.

"The COVID-19 phenomenon has hit hard a business that was already difficult to sustain," Marotta told TG3.

"Now the main objective is to reduce costs, therefore also wages, which have a big impact, and then we must make the most of the resources at our disposal.”

Marotta hails Conte after Scudetto as Inter CEO remains hopeful over future of title-winning coach

  Marotta hails Conte after Scudetto as Inter CEO remains hopeful over future of title-winning coach Giuseppe Marotta discussed Inter's Serie A triumphant under Antonio Conte in 2020-21.Atalanta's 1-1 draw with Sassuolo on Sunday meant Inter were crowned champions of Italy for the first time since Jose Mourinho's treble-winning side in 2009-10.

La Repubblica reported on Thursday that Inter players and staff had refused a plea from club president Steven Zhang to give up two months' wages.

A source with knowledge of the matter confirmed the report to Reuters.

Marotta said earlier in May https://www.reuters.com/world/china/soccer-inter-milan-ceo-says-owner-looking-partner-boost-liquidity-2021-05-03 that Inter's owners, Chinese retail giant Suning, are looking for a partner to inject fresh funds into the club.

And he has now hinted that the club will not be spending big in the forthcoming summer transfer window.

"We will guarantee maximum dedication and give everything to reach new objectives," he said.

"The equation that whoever spends the most wins is not always valid."

Inter win Serie A 2020-21: What next for Nerazzurri after ending Scudetto drought?

  Inter win Serie A 2020-21: What next for Nerazzurri after ending Scudetto drought? For the first time since 2010 Inter are Italian champions but where to from here for Antonio Conte's side?Still to this day, Inter remain the only Italian club to achieve the feat, having claimed the Champions League for the first time in 45 years.

Inter were one of three Italian clubs involved in last month's failed European Super League project, along with AC Milan and Juventus.

The breakaway league fell apart within 48 hours after most founding clubs, including Inter, pulled out following a fierce public backlash.

However, Marotta underlined that he believes the current football model requires a revamp.

"The gap between the Italian and English teams is quite evident. It's not a coincidence that the Champions League final is between two English clubs and Manchester United are in the Europa League final," he said.

"We are still a little behind the performances of the early 2000s that saw the Italian clubs at the top.

"We have work to do, but the model also needs to be reviewed."

(Reporting by Alasdair Mackenzie; Editing by Hugh Lawson)

Soccer-Conte, Martinez settle scores with friendly boxing match .
Soccer-Conte, Martinez settle scores with friendly boxing matchPlayers and staff built a makeshift ring using cones and tape, with Conte and Martinez both wearing boxing gloves as they were introduced by Inter striker turned ring announcer Romelu Lukaku.

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