Inter will not be sold to new owners within the next month because prospective investors BC Partners need four weeks to complete due diligence of the Nerazzurri’s financial accounts, as explained by an Italian media report today.
Various reports of late have hinted that the private equity fund are not only interested in a minority stake but are even interested in purchasing a majority stake in the club.
As per Il Sole 24 Ore’s print edition, BC Partners have opted against seeking any financial or legal advice for conducting their due diligence, which should take around a month.
Goldman Sachs, an advisor of Inter’s current owners Suning, will in fact manage the discussions.
When the actual negotiations get underway, the report goes on to explain that BC Partners will then choose their own advisors, with many investment banks having already come forward offering their services to them.
BC Partners analysis of Inter’s financial health should be concluded within the next four weeks and after that it remains to be seen what happens.
Inter’s CEO Beppe Marotta confirmed before today’s 2-1 win at Fiorentina in the Coppa Italia that Suning were ‘evaluating interest’ in the club.