Inter fans should know more about the potential sale of the club from Suning to BC Partners at the end of January, according to a report in Italy tonight.
In an article for Il Sole 24 Ore, Carlo Festa has said the British investment firm could be looking to purchase a 51% stake, thereby becoming the Nerazzurri’s new majority shareholders.
Suning would retain the remaining 49% but the Chinese e-commerce giants would no longer be in control of the club,
“This is conjecture on my part, but I think a transaction of that kind could be feasible,” Festa wrote.
“BC Partners could buy out the 31.05% share currently held by LionRock Capital and add an injection of capital which would take them up to 51%.
“The partnership would enable BC Partners to have Asian retail colossus like Suning to help them continue expanding Inter’s brand in the Asian market.”
Inter’s chief executive Beppe Marotta confirmed before Wednesday’s Coppa Italia match against Fiorentina that Suning were ‘evaluating opportunities’ for the club, ‘while respecting Inter’s past, present and future value’.”
BC Partners are widely reported to be carrying out due diligence on Inter’s financial accounts at present, after which they could make Suning a first offer.
Further updates are expected before the end of the month, but it is clear speculation will only continue to increase with each day that passes.
