Inter’s majority shareholder Jindong Zhang is reportedly prepared to buy out Erick Thohir’s 30 per cent holding.
Chinese conglomerate Suning Group bought around 70 per cent of the club in 2016, with the former owner dropping to 30 per cent by taking control of Massimo Moratti’s shares.
Now il Sole 24 Ore reports that Suning are ready to take full control of the club – save for some minor shareholders – by buying out Thohir.
Inter’s majority shareholder Jindong Zhang is reportedly prepared to buy out Erick Thohir’s 30 per cent holding.
Chinese conglomerate Suning Group bought around 70 per cent of the club in 2016, with the former owner dropping to 30 per cent by taking control of Massimo Moratti’s shares.
Now il Sole 24 Ore reports that Suning are ready to take full control of the club – save for some minor shareholders – by buying out Thohir.
The Indonesian investor’s shares are valued at €150-200m, but there are currently restrictions on taking money out of China.
To get around that, Zhang is willing to offer shares in Suning Group in exchange for the Inter shares, which Thohir could then sell on.
Suning is one of China’s biggest companies, with revenues of around $22bn in 2016.