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Sky Sport have given important updates regarding the negotiations between Erick Thohir and the Suning Commerce Group. Sky say that in the next few hours the Chinese group could acquire the majority of Inter shares that could pass in Zhang Jindong‘s hands. It is believed that the SCG value the nerazzurri at around 650 million euro.

Sky also reported that former president Massimo Moratti could be close to selling all his shares and would therefore exit the club entirely: Suning would take all 30% of Moratti’s shares and 30% of Thohir’s  total shares, understood to be around 60/70%. Thohir would remain a minority shareholder and as a reward for his efforts since taking over Inter, he could well remain president of the club still.

The deal could and should be concluded by the Summer especially after a number of meetings in recent days have sped up the process. The deal itself will have no impact on Inter’s market and the current FFP figures will stand.

Source: Sky Sport