Italian Journalist Fabio Ravezzani: “Chinese Government Restrictions Leave Suning With No Option But To Sell Inter”

Italian Journalist Fabio Ravezzani: “Chinese Government Restrictions Leave Suning With No Option But To Sell Inter”
January 14, 2021 09:30
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Inter’s owners Suning have no option but to sell the club if they wish to find new investors for the Nerazzurri, according to Italian journalist Fabio Ravezzani.

The comments from Ravezzani, who is the director of Italian broadcaster TeleLombardia, come at a time when there is intense speculation over a potential change of ownership at Inter, with CEO Beppe Marotta yesterday confirming that Suning were ‘evaluating opportunities’ for the club.

Chinese government restrictions have made it difficult for current club owners Suning to see out their project for Inter as envisioned and as a result they are reportedly in talks with private equity fund BC Partners.

BC Partners could be interested in more than just a minority share in the Nerazzurri, who are said to be valued at in the region of €1 billion, and they are currently carrying out due diligence of Inter’s accounts before deciding whether or not to make an offer to Suning for part or the majority of shares in Inter.

Ravezzani tweeted: “I don’t think there is a single economically powerful company that would agree to enter Inter as minority shareholders, knowing that every decision the club makes is conditioned by the unfathomable workings of the Chinese communist government.

“For that reason, the only option is to sell the club.”

By Cammy Anderson

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