The Suning Commerce Group will buy 20-30 per cent of Inter for €80m in November, according to reports.

The Chinese investors have been in talks with the Nerazzurri to buy a stake for some time and officially announced their interest on Monday.

Corriere dello Sport reports today that the group will acquire between 20-30 per cent of the Beneamata’s shares for a total of around €80m.

However, Erick Thohir has no intention of giving away the majority stake and therefore any increase in the group’s involvement is unlikely.

The Suning Commerce Group will buy 20-30 per cent of Inter for €80m in November, according to reports.

The Chinese investors have been in talks with the Nerazzurri to buy a stake for some time and officially announced their interest on Monday.

Corriere dello Sport reports today that the group will acquire between 20-30 per cent of the Beneamata’s shares for a total of around €80m.

However, Erick Thohir has no intention of giving away the majority stake and therefore any increase in the group’s involvement is unlikely.

The newspaper has also speculated on the time frame of a deal, as although negotiations are believed to be at an advanced stage, it’s unclear when ithe deal could be finalised.

Corriere doesn’t believe a confirmation is imminent and suggests that the most plausible time is November, as on the 15th of that month the three-year agreement between Thohir and Massimo Moratti will expire.

Therefore from that moment onwards the ownership structure of the club can change and the report says that Moratti’s future involvement is uncertain.

There have been rumours recently that the former President was looking to sell all his shares, but his future will become clearer in November according to the outlet.

Leave a Reply

Your email address will not be published.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