Italian Report Analyses Impact Of Suning Group Since Their Inter Takeover

Italian Report Analyses Impact Of Suning Group Since Their Inter Takeover
February 8, 2020 12:20
( )

A report from today’s paper edition of the Rome based newspaper Corriere dello Sport has analysed the impact that the Zhang family and Suning group have had on Inter since their takeover.

The report details how the Chinese company have invested more than €700 million into the club, as well as successfully launching a €300 million bond on the market in order to have more capital. The company invested heavily to make the squad competitive, starting with their €10 million net plus €2 million offer to Italian coach Antonio Conte.

After Conte’s arrival, Suning began to invest heavily in the squad, the report continues. The company invested over €220 million over the last two transfer windows, showing their hunger to win. The club’s president, Steven Zhang, has discussed his desire to bring the club greatness many times and for this reason has increased the club’s turnover as well with new sponsorships from China, up to €417 million in the last fiscal year.

The next change Suning wants to implement, the report highlights, is the change of the club’s shirt sponsor. Inter will end their partnership with Pirelli in the summer of 2021, although the Italian company will still work with the Nerazzurri in other ways. The Evergrande group has already been in contact with the Zhang family over a possible deal.

By Apollo Heyes
Close

Subscribe

to our newsletter