Suning would be making an ‘absurd’ mistake to sell their majority stake in Inter now, according to Italian football finance expert Marco Bellinazzo.
In the past week there has been plenty of speculation regarding the Chinese company’s ownership of Inter and the rumours forced Inter president Steven Zhang to come out and categorically deny rumours last Saturday.
Zhang’s denial has done nothing when it comes to stopping the talk of a sale, though, with many reports stating there are parties interested in obtaining a minority stake in Inter, if not a majority stake, depending on what Suning’s desire is.
“The real issue is whether Suning wants to sell the majority or not, but I say no,” he explained to Italian broadcaster Sky Sport Italia, this afternoon.
“It would be absurd at this time to give up the majority after all the investment made, which amounts to more than €600 million.”
Bellinazzo, who is a journalist for Italian finance newspaper Il Sole 24 Ore, proceeded to explain what could potentially happen as far as fresh investment into Inter is concerned.
“What could happen instead is that LionRock and their 31% stake could be passed to another fund which, instead of lending money, could directly add capital and become a partner, perhaps re-evaluating the stake once the Covid emergency is over.”
In conclusion he addressed the rumours regarding international investment fund BC Partners and their reported interest in getting involved at Inter.
“BC Partners could easily put a billion on the plate and buy Inter, but Suning wants to complete the sporting and economic goal,” he assured supporters.