The value of Inter Milan has surged up by 146 percent, according to the annual KPMG report released on Thursday.

The report however showed that Inter’s city rival, AC Milan is the only club in Europe’s top 32 to have reduced value over the last five years.

In the last five years, the ownership of the Rossoneri had gone from Silvio Berlusconi to Yonghong Li and then Elliott Management.

The latter repossessed the club after the Yonghong Li family defaulted on loan repayments.

KPMG is an accounting firm that collates data from its various financial research and releases them as a full report. The study shows that Milan is the only European club in the top 32 to have failed to grow during the last five years and even lost value. The KMPG data revealed that the value of the Rossoneri valuation fell by three percent, from €545m to €526m.

Inter’s increase in value, on the other hand, gave them the biggest improvement behind Lyon that increased by 193 percent and Tottenham Hotspur that also increased in value by 158 percent.

With the latest report, the value of Inter Milan currently stands at €983m, which is almost double of their San Siro rivals.

KPMG Global Head of Sports Andrea Sartori in a chat with La Gazzetta Dello Sport noted that the two clubs took completely different paths, adding that the current owners of AC Milan have a very different objective to Suning Holdings Group which took over the ownership of Inter.

He further stated that Inter’s owners had benefitted from investment in the game by using the brand effectively to sell their product while Elliott Management, which is private equity doesn’t look like putting more effort into football investment.

He, therefore, said that it is no coincidence that Inter now has increased commercial value than it’s fellow city rival.

He also stated that part of what was responsible for the reduced value of Milan was accumulated losses of €442m in the last five years while Tottenham made €439m profit within the same period.

While noting that the change in ownership did more harm than good and the Rossoneri are paying the price for a lack of planning.

With the reduction of value, he said it will be hard to find investors for the Rossoneri increase the equity company wants to sell the club.

Written by: Oladipupo Mojeed