Inter Milan have been affected by the ongoing investigation into fraudulent financial practices in Italian football after the club’s offices were raided on Tuesday with Italian law enforcement claiming that various documents had been seized by them.
According to the reigning champions of Serie A, the documents demanded from them were related to the sale of players in 2017/18 and the 2018/19 football seasons.
The statement released by the club stated: “The request was made by the Milan Public Prosecutor’s Office to verify that the relevant capital gains were correctly recorded in the accounts”
“The club’s financial statements have been drawn up in compliance with the most rigorous accounting principles.
“No Inter employee is being investigated. No charges have been made. As the statement released by the Public Prosecutor’s Office says, these are preliminary investigations.”
It can be recalled that investigators paid a visit to the offices of Juventus last month. Six officials of the Old Ladies are currently being investigated and the club president Andrea Agnelli and vice-president Pavel Nedved are included.
Reports suggest that the probe is concerning inflated transfer valuations that allow players to move from one club to another for a higher fee than they are worth officially.
We wait to see how this development unfolds and hope that it won’t drive Italian club football into the mud.