That policy saw coach Antonio Conte leave, reportedly because he was unhappy that he would not be able to build on his title-winning squad, and Inter sell two of its top players in Romelu Lukaku and Achraf Hakimi.
Inter’s owner, retail giant Suning, is also struggling because of the impact of the pandemic and halted operations at its Chinese football club.
But Inter remains positive for the upcoming season.
“The current season offers signs of recovery: Besides the partial reopening of stadiums, the positive summer transfer campaign and the signing of new global sponsorship contracts bear witness to the Inter brand’s constantly growing appeal,” the club said.
“These actions will make it possible to significantly reduce the group’s losses.”
Inter also secured a financing deal with Oaktree Capital in May that saw the American investment fund purchase a minority stake in the Serie A club and give the Nerazzurri a much-needed loan.
The deal reportedly entailed a cash injection of 275 million euros ($336 million), with a majority of that in the form of a loan.
Simone Inzaghi replaced Conte as coach. Inter lies second in the Italian league after six matches and has yet to lose.