Inter’s owners Suning are in contact with at least three parties over potential investment into the club, according to an Italian media report.
As per today’s print edition of La Stampa, Suning are engaged in preliminary talks with BC Partners, Blackstone CVC and Bain Capital, among others regarding the acquisition of a minority stake in the club.
Suning value Inter at €1 billion and would need an investor to cough up no less than €310 million to take the place of current minority shareholder LionRock Capital, who have a 31.05% share in the club.
The Chinese e-commerce giants are seeking partners who can inject fresh capital into Inter in what is a very difficult time due to the Covid-19 pandemic.
Things have only been made more difficult by the Chinese government’s latest restrictions as well as the friction between the government and Alibaba’s Jack Ma, who is a partner of Suning.
The report goes on to explain that a month ago, Zhang Jindong, the chairman of Suning, as part of a commercial agreement, offered a holding company that also includes the control package of Inter to Alibaba.
Inter do not consider this to be a worrying fact.
