Hong Kong Fund Likely To Enter Inter Next Month

Hong Kong Fund Likely To Enter Inter Next Month
January 14, 2019 14:00
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Corriere dello Sport that believe it will be during February that the Hong Kong based private investment fund takeover Erick Thohir’s stake in Inter.

Thohir left his position as president of the club back in October and was replaced by Steven Zhang, who became the youngest president in Inter history.

The Indonesian tycoon still holds a 31.05% stake in the club though and despite initial negotiations with Inter’s owners Suning about selling his shares to them, the shares now look set to belong to the Hong Kong fund instead.

Should negotiations reach a conclusion, another shareholders meeting will have to be called at Inter where the board of directors will see some movement due to the need for representatives of the Hong Kong fund.

Thohir bought a controlling stake in the club from Massimo Moratti back in 2013 but sold his controlling stake and retained a minority stake as he sold the club to Suning in 2016.

 

 

Cammy Anderson
By Cammy Anderson