Suning Speeding Up Share Buying Negotiations With Inter President Thohir

Inter majority shareholders Suning and minority shareholder and club president Erick Thohir are speeding up the process of the Indonesian selling his remaining 31% shares to them according to a report from Tuttosport.

For the past few months it has become evidently clear that Suning intended to buy the tycoon out of the club to obtain all control.

The acceleration in negotiations is understood to stem from the fact that Thohir is looking to get his money so he can go and invest in English League One club Oxford United.

The Turin based newspaper go on to report that either Steven Zhang, Suning owner Jindong Zhang’s son, or current vice-president Javier Zanetti will become the club president once Thohir is out of the club.

Thohir first entered the Nerazzurri atmosphere in 2013 as he bought a majority stake in the club from long serving owner and president Massimo Moratti. In 2016 he sold the majority of shares to the Suning group and has become increasingly distant since.

Exit mobile version