As talks with British equity fund BC Partners for a takeover of the club progress, Inter owners Suning are coming under increasing financial pressure.
Reported in today’s edition of Corriere della Sera, the London based fund have reached an exclusivity agreement to access Inter’s financial accounts ahead of a proposed takeover, although negotiations are set to continue over the coming weeks.
However, current owners Suning are believed to be facing financial uncertainty, as BC Partners’ consider whether to push for a complete takeover of the club or opt for a majority stake, whilst taking on Inter’s debts.
Suning will be unable to court alternative offers from other interested parties throughout the exclusivity period, as they look to reach a deal to cash in on Inter.
Meanwhile, Chinese Premier League club Jiangsu Suning, who like Inter are under the ownership of the Zhang family, have reported financial issues of their own. Indeed, wages to staff have gone unpaid for three months and the ownership are facing the possibility of intervention by FIFA.
