Football finance website Calcio e Finanza have detailed the path of LionRock Capital’s acquisition of 31.5% of shares in Inter in recent months.
The Hong Kong based fund, led by Chinese-American businessman Daniel Kar Keung Tseung, used a holding company in the Cayman Islands in order to acquire 100% of International Sports Capital Spa, the company they hold their shares in the Nerazzurri through. Thus meaning it is not directly LionRock who are in control of the shares.
The report from Calcio e Finanza goes on to state that various companies and banks have released a pledge on the company’s shares used by former Inter president Erick Thohir – who the fund purchased the shares from – as a guarantee in various finance operations.
— Calcio e Finanza (@CalcioFinanza) March 18, 2019