Il Sole 24 Ore have examined the seemingly imminent transfer of Erick Thohir’s 31.05% shares to Hong Kong based fund LionRock Capital.
A shareholders meeting will take place next month where the transfer of the Indonesian’s shares can be ratified and representatives from the fund can be added to the board of directors at Inter.
LionRock Capital will purchase former Inter president and majority shareholder Thohir’s shares in the club for a sum of €150 million.
The report goes on to give a background on the fund who have links to Suning. The fund is headed by Chinese-American businessman Daniel Kar Keung Tseung and already has shares in the Suning Sport group.
The operation can be seen as a ‘bridge’ deal of sorts wherein the shares would temporary belong to someone else which would allow Suning to reacquire them in the future, which in turn would end the coexistence of Suning and Thohir at Inter.
