Thrifty, prudent and capable of taking on the heavy legacy of leading Inter after Angelo Moratti, he did so by combining results with impeccable running of the club. In 16 years as Nerazzurri President, Ivanoe Fraizzoli oversaw two Scudetto wins, two Coppa Italia triumphs and the side reached the 1972 European Cup final after starting again from zero, emerging from the heavy shadow cast by Helenio Herrera’s team which had dominated Italy and Europe.
According to Fraizzoli who succeeded Moratti in 1968, the first gospel was to have everything in order. You couldn’t make mistakes, not even with a cent. The blood of a Lombard entrepreneur flowed through the President’s veins. Everything could be planned, even a Scudetto. Three years was the time limit, there was a limited budget and a need to know how to make do. Intelligent solutions at a reduced cost were required. Two followed. One was certainly Roberto Boninsegna who started out at the Inter academy before moving around Italy and he came back to Milan in the summer of 1969 following a brief experience in North America. The other was the Primavera Coach Giovanni Invernizzi who replaced the Paraguayan Heriberto Herrera five matches into the 1970-71 season.
They were two decisive moves as Inter finished as the Champions of Italy for the eleventh time following an epic comeback over rivals Milan and Boninsegna was top scorer with 24 goals. Under Fraizzoli’s management, the Coppa Italia was won twice in 1978 and 1982 along with another Scudetto in 1980. On 18th February 1984, Fraizzoli sold a club free of debts to Ernesto Pellegrini after 16 years at the helm.