There is no indication that Suning have any plans to sell Inter according to a report from the online edition of Italian daily newspaper La Repubblica.
Inter, like every club around the world, have been impacted financially by the COVID-19 pandemic with the Nerazzurri club registering a loss of no less than €102.4 million in the past financial year.
At a meeting between club management, coach Antonio Conte and Inter president Steven Zhang earlier on this week, it was decided that there is a need to cut the clubs costs and this has led to multiple rumours spreading.
Rumours in the last few hours have suggested that a London based investment bank were asked to look for investors to take over Suning’s 68.55% majority stake in the club but this report states that there is no confirmation of these rumours.
The only confirmation at the moment is that Suning are looking for lenders for the €375 million bond, which is due to expire in 2022.
The report from the Milanese news outlet goes on to add that there is no truth in reports that have suggested that Suning are looking for minority shareholders to support or replace LionRock capital, who hold a 31.05% stake in the Nerazzurri club.
