The Suning group have not instructed the Rothschild bank to look for buyers for Inter, according to a report from Italian journalist Carlo Festa on Twitter earlier today.
The report details how a report from Rome based newspaper Corriere dello Sport suggested that the Milanese club’s owners were looking for buyers to purchase a majority stake in Inter due to the financial effects of the Covid-19 pandemic, and instructed the Rothschild bank to search for buyers.
This is untrue, as the Rothschild bank are not even the bank of reference for the Suning group, who instead are historically close to Goldman Sachs in London.
Suning are looking to refinance bonds and increase revenue, but not sell their stake in the Nerazzurri.
It has been made clear to coach Antonio Conte that Inter will not be looking to make any large investments in this month’s transfer window, with arrivals only coming after players have been sold, meaning the future of Christian Eriksen is now vitally important.
Festa discussed the situation on Twitter, saying:
“Rothschild has no mandate to sell Inter. The bank historically close to the Zhang family is Goldman Sachs in London. As I have already mentioned in recent days, the first step is to refinance bonds. Then Goldman has exploratory mandate on equity / partners.”
Rothschild non ha alcun mandato per cedere l’Inter. La banca storicamente vicina alla famiglia Zhang è Goldman Sachs sede di Londra. Come ho già anticipato nei giorni scorsi, il primo passo è rifinanziamento bond. Poi Goldman ha mandato esplorativo su equity/soci
— carlo festa (@carlopaolofesta) January 2, 2021