Suning and BC Partners signed an exclusive agreement regarding negotiations for potential investment into Inter back in December, according to an Italian media report today.
FCInterNews.it claim that this agreement will prevent any other interested parties from holding talks with Suning over potential investment into the club until at least the beginning of February.
Suning and BC Partners are thought to be in agreement that Inter are worth around €750 million in total, debt included.
BC Partners have not yet made their offer for the club, though, and they will not do so until they have completed their due diligence of Inter’s accounts, at which point they will decide whether to continue down the path that they have started on.
Negotiations are being handled by Inter president Steven Zhang, the son of Suning chairman Zhang Jindong, and BC Partners co-head Nikos Stathopoulos.
The report goes on to explain that there are so many different variables in play, meaning it is difficult to establish at the moment whether the parties will reach an agreement over a minority stake at Inter or whether BC Partners could take control of the club with a majority stake.
