The Financial Times claims that Suning have put Inter up for sale, calling in Raine Group – who helped the sale of Chelsea this year – and Goldman Sachs to find buyers.
The Chinese conglomerate have until now always maintained they were seeking new investors to shore up the club coffers.
However, Italian and international media have long insisted that Suning are preparing to sell the Serie A side completely.
According to the well-respected Financial Times this afternoon, the process of getting someone to complete the takeover is well underway.
Goldman Sachs had already been given a mandate to find investors, but now US bank Raine Group have also been called in to work on the project.
Raine Group hit the headlines over the summer when Roman Abramovich used them to run the record-breaking £2.5bn auction of Chelsea.
Suning took over Inter in 2016 from previous owner Erick Thohir, while before that Massimo Moratti was at the helm.
It has become evident Suning needed to make a big change since February 2021’s $275m loan from Oaktree Capital, which is due for repayment soon.