According to several reports in Italy, Suning have rejected a €750m bid from BC Partners to acquire a majority stake in Inter.
La Gazzetta dello Sport, Il Corriere dello Sport and Tuttosport confirm the British fund has made an offer to buy a majority stake in the club.
The proposal is in the region of €750m, but the demand is close to €1b.
According to several reports in Italy, Suning have rejected a €750m bid from BC Partners to acquire a majority stake in Inter.
La Gazzetta dello Sport, Il Corriere dello Sport and Tuttosport confirm the British fund has made an offer to buy a majority stake in the club.
The proposal is in the region of €750m, but the demand is close to €1b.
According to Tuttosport, BC Partners have also offered an extra €200m to cover short-term debt and the Financial Times confirms Suning are ‘rushing to raise at least $200m in emergency cash.’
BC Partners’ exclusivity period ended in January, which means Suning can hear offers coming from different suitors.
Ares, Fortress, Equt and Arctors are same of the funds that are reportedly interested in beginning talks with the Inter owners.
According to La Gazzetta dello Sport and Tuttosport, the Zhang family would be open to selling only a minority stake in the club.