Fortress are in talks with Suning over acquiring a minority stake in Inter and Steven Zhang could return to Milan to discuss a potential deal.

Inter owners are looking for suitable partners to support the club and financially and consider different options.

British fund BC Partners wanted to acquire a majority stake in the club, but their €700m offer was not enough for Suning, who value the club around €1 billion.

Fortress are in talks with Suning over acquiring a minority stake in Inter and Steven Zhang could return to Milan to discuss a potential deal.

Inter owners are looking for suitable partners to support the club and financially and consider different options.

British fund BC Partners wanted to acquire a majority stake in the club, but their €700m offer was not enough for Suning, who value the club around €1 billion.

For this reason, they’ve been in talks with other subjects and the Zhang family is now considering an offer from private equity fund Fortress.

The American fund would acquire a minority stake in the club with a €250m bid.

Reports in Italy suggest Inter and Fortress could reach an agreement by the end of the month.

Negotiations are at an advanced stage, so much so, according to La Gazzetta dello Sport, Inter President Steven Zhang is expected to land in Milan in the coming weeks to follow talks and discuss a possible deal personally.

Leave a Reply

Your email address will not be published. Required fields are marked *