Inter’s ownership saga has taken another twist with two new names linked with investing into the Nerazzurri tonight.
As per a report from Il Sole 24 Ore, Suning are seeking alternative options to secure capital for Inter after talks with BC Partners reportedly fell through.
American colossus Fortress Investment Group is thought to be interested in buying into the club, although they might not enter Inter alone.
Fortress could recruit help from Mubadala, a sovereign wealth fund from the United Arab Emirates, and form a consortium to buy into Inter together.
Il Sole’s report said the situation concerning Inter’s corporate future has ‘suddenly changed’ during the last three days, following a series of video calls between Suning and other potentially interested groups.
Suning are now considering a form of ‘hybrid financing’, which would see them cover Inter’s debt through a combination of private equity investments and financial instruments (monetary contracts).
Carlo Festa assured it was still too early to understand how the situation would evolve because everything ‘still seems to be at the beginning’.
In any case, BC Partners intend to present Suning with an offer for Inter by the end of this week, having completed their analysis of the Nerazzurri’s accounts last Friday.
The British-based firm needed longer than anticipated to finish their due diligence because Inter’s financial situation was ‘more complex than they had initially expected’.
The report said further details would be published in tomorrow’s print edition.
