A reporter for Il Sole 24 Ore claims both Inter owners Suning and Milan patrons Elliott Management are looking to sell the Serie A clubs.
Il Sole 24 Ore is Italy’s equivalent of the Financial Times and Carlo Festa is one of their chief reporters.
Festa insists that “both Inter and Milan are potentially on sale. Suning will accept the first suitable offer. Elliott are getting closer to the end of the temporal horizon of their investment.
“Investors will be able to choose between two clubs in Milan.”
Suning’s situation is no secret, as they have had to vastly scale back their investments in the wake of the pandemic and a clampdown in China on dealings in other countries.
They have already sold Achraf Hakimi and Romelu Lukaku to balance the books, also shutting down their Chinese Super League club Jiangsu Suning.
As for Milan, Elliott Management are an investment fund who essentially received AC Milan after previous club President Yonghong Li defaulted on loan repayments, leading to a repossession of his assets.
The intention had always been to help develop the club, make it more of an appetising prospect for future investors and then sell at a profit.
Now that they have qualified for the Champions League, that time is coming to find a long-term owner.