Bahraini fund Investcorp are reportedly serious about purchasing Inter from Suning and are working on setting up a consortium.
The Nerazzurri have been rocked by financial concerns in recent years, stemming from the COVID pandemic and its effects on the businesses of owners Suning. The recent crackdown on foreign investment in China did little to help matters and the club have been in a delicate position, having limited resources in the transfer market.
President Steven Zhang and Suning have not seemed keen to sell Inter but their loan commitments with Oaktree are a problem that still needs to be resolved.
As detailed by Il Sole 24 Ore, Investcorp want to get their hands on Inter and have started to find investors to help form a consortium capable of taking over the club from Suning.
The Bahraini fund want to collect between €545m and €654m before taking their next steps, Economy Middle East reports. They were previously interested in picking up Milan before RedBird purchased the club from Elliott Management.
Economy Middle East states: “Investcorp’s interest in acquiring Inter is also a reflection of the growing interest in football clubs as lucrative investment opportunities, particularly among wealthy individuals and investment companies in the Middle East and Asia.”