The Zhang family are working on finding buyers for Inter and are reportedly looking to find a new shareholder in the meantime.
The Financial Times detailed yesterday how the Nerazzurri have given a mandate to identify parties interested in buying the club to the Raine Group, a US investment bank who acted as an advisor for Todd Boehly’s Chelsea takeover. The Milanese club have also given this mandate to Goldman Sachs and are hoping to find buyers soon.
The Zhang family want at least €1 billion for Inter, a figure that has currently scared away buyers, but they hope that two extra factors will play into their hands. The first of these is the new stadium project, which is slowly moving ahead, and the other is the entry of a shareholder.
Calciomercato.com reports that Inter want to find a partner willing to invest into the club and become a shareholder, a buffer solution that allows them to stem the continuous outflow of capital. The club currently lose around €10m per month and the entry of a shareholder ensures a more stable short-term future, giving them time to find a serious buyer.
Funds from the US and Saudi Arabia have already expressed interest but things are still moving slowly at this stage.
Sorry,
Old “news” again, you have to do better than this.
I will believe it when the deal is consummated!