Milan City Council Request Details About Inter Minority Shareholder Lion Rock Capital, Italian Media Report

Milan City Council Request Details About Inter Minority Shareholder Lion Rock Capital, Italian Media Report
December 14, 2020 00:30
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Milan City Council wants to know more details about Inter minority shareholder Lion Rock Capital, as they continue to work on the new stadium project, according to a report from today’s paper edition of the Turin based newspaper Tuttosport.

The report details how the minority shareholder Lion Rock Capital purchased 31.05% of Inter from Indonesian businessman Erick Thohir in January of 2019.

The City Council want more details because the company used to purchase these shares is based in notorious tax haven the Cayman Islands.

One of the offices of the Hong Kong based investment company are also registered in the Caribbean island.

Inter and AC Milan are currently working through the bureaucratic process of getting approval for their new stadium project.

The two teams are ready to leave the existing San Siro, renovate it into a public access multi-sports arena, and move into a custom built stadium, fully owned by the clubs.

By Apollo Heyes

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