Italian Journalist Marco Bellinazzo: “Suning Selling Inter To BC Partners Can’t Be Completely Excluded”

Italian Journalist Marco Bellinazzo: “Suning Selling Inter To BC Partners Can’t Be Completely Excluded”
January 13, 2021 21:15
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Suning completely giving up their stake in Inter is something that cannot be ruled out, at least according to noted Italian football journalist Marco Bellinazzo.

“The situation is in full evolution,” he explained in an interview with Italian news outlet TuttoMercatoWeb’s radio station TMW Radio, earlier on today.

Bellinazzo then went on to explain how measures introduced by the Chinese government with regards to spending outside of the country have resulted in a change of strategy from football club owning Chinese businesses.

“Back in August, indications had arrived from China on how to manage football outside the country and beyond.

“Now a sort of austerity of Chinese football has been launched and restrictive rules have been created in a bid to enhance the domestic product.

“The COVID-19 crisis then led companies to focus on their core businesses, leaving out other investments, including those in football.”

The Il Sole 24 Ore journalist then went on to discuss the possibility of Inter being sold by Suning, something he admits cannot be ruled out.

“Zhang Jindong looked for other lenders, starting with funds.

“A sale of the majority stake or a complete departure of Suning from Inter cannot be excluded.

“It will take some time, because the meetings are also with other funds, who have Inter’s dossier in hand.”

British based private equity fund BC Partners have been most strongly linked with buying a stake in Inter and many reports have stated that they may even be interested in the acquisition of a majority stake in the club, which has been owned by Suning since the Summer of 2016.

By Cammy Anderson

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