Inter’s owners Suning owe a sum of €100 million in payments relating to the Nerazzurri, according to an Italian media report today.
As per Il Giorno’s print edition, the Chinese e-commerce giants owe that sum of money between player wages, transfer fees to other clubs and other payments that they have yet to pay.
A large amount of the money owed is due imminently, such as the Inter players’ salaries for the months of July and August 2020, which must be paid by the middle of next month.
The news comes at a time where Suning are reportedly looking to sell Inter and explains why they are seeking companies interested in investing capital into the club, such as BC Partners, who appear increasingly likely to make an offer for a majority stake.
Inter’s minority shareholders LionRock Capital are expected to leave the club during the transaction but it remains to be seen whether it will be Suning or BC Partners that acquire their 31.05% share in the Nerazzurri, which the Hong Kong-based group have controlled since the start of 2019.
Negotiations are proving complex and Suning would like to leave Inter with as little damage as possible, albeit they are aware that it is almost impossible for them to recoup the €600 million invested during their four and a half years in charge.