LionRock Capital is the Hong Kong based fund prepared to invest in Inter by purchasing Erick Thohir’s 31.05% stake in the club according to a report from Gazzetta dello Sport.
LionRock was formed in 2011 by Daniel Kar Keung Tseung, a Chinese and US businessman with over 25 years of experience in world business in China and Southeast Asia, and primarily invests in sports but also invests in markets such as e-commerce, food, the medical sector and also real estate.
The fund already has solid relations with the Suning Group due to already having shares in the Chinese group and Inter would appear to be the next step in their partnership.
The Milan based newspaper confirm that LionRock will pay €150 million to takeover Indonesian tycoon Thohir’s stake in the club.
Gazzetta have also taken a look at Inter’s stadium situation, something that will be greatly helped by LionRock’s investment.
As early as February, the club intends to take decisive steps on this front. The original idea of renovating San Siro is no longer the preferable idea but the construction of a new stadium in the same area is.