Suning Group reportedly wants to buy out Erick Thohir at Inter, but the Indonesian is said to be demanding €200m for his 30 percent stake.

According to Corriere della Sera, the pair “aren’t in total harmony” after Thohir rejected Suning’s offer of €42.5m for his Inter shares, instead holding out for signficantly more.

The newspaper notes this poses “another problem” for the Chinese conglomerate, which also has “no intention” of splashing the cash in January.

Suning Group reportedly wants to buy out Erick Thohir at Inter, but the Indonesian is said to be demanding €200m for his 30 percent stake.

According to Corriere della Sera, the pair “aren’t in total harmony” after Thohir rejected Suning’s offer of €42.5m for his Inter shares, instead holding out for signficantly more.

The newspaper notes this poses “another problem” for the Chinese conglomerate, which also has “no intention” of splashing the cash in January.

Suning’s investment in the Nerazzurri has slowed down in recent times, and a €300m bond offering was recently issued to raise capital.

Consequently, the club would need to sell before they can buy next month, with Suning’s spending power being curbed by Chinese market restrictions.

Thohir took over Inter in October 2013 but sold 70% of their shares to Suning for €270m last year, although he is still officially the Beneamata’s chairman.

Leave a Reply

Your email address will not be published.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