Inter reveal missed payments from shirt sponsor DigitalBits

Inter published their latest financial results for the second half of 2022 on Tuesday afternoon when it was revealed one of the club’s main sponsors is behind on their payment.

The Nerazzurri’s media company “Inter Media and Communication S.p.A.” announced that Zytara Labs, the parent company of shirt sponsor DigitalBits, hasn’t fulfilled their payment obligation for the shirt sponsorship originally signed in 2021.

“Sponsorship revenues already contracted for 2022/23 are in the region of €50 million. This also benefits from new contracts recently signed with eBay (sleeve sponsor) and LeoVegasNews (front of training kit),” read their statement.

“Though, this excludes the main jersey sponsorship contract currently in place with Zytara Labs LLC for €24 million fee plus bonus due to current uncertainty in respect of the ability of the partner to pay the due amounts (ability significantly affected by the current crisis in the cryptocurrency sector).”

Inter are widely expected to terminate the sponsorship sometime in the coming weeks.