BC Partners made their final offer to Suning to buy Inter last night and an Italian media report has today provided more details on the proposal from the British-based private equity fund.
As per Italian business newspaper Il Sole 24 Ore, the offer is in the region of €750 million, including debts, and that is for a very big stake in the club.
The Inter-owning Zhang family consider this offer to be too low, however it is reasonable to think that BC Partners have offered around the above amount because if they did indeed take over, Inter would need a capital increase of €200 million by the end of the year.
Inter would need this capital increase in order to meet their financial needs between player salaries, interest payments on bonds and instalments due for player transfers.
Therefore if Suning value Inter too high, BC Partners would not be able to make it a sustainable operation.
In the meantime, the report goes on to explain that negotiations are now underway with both Fortress and Mubadala while Swedish fund EQT are studying Inter’s situation too.
It also said that if Suning failed to supply Inter with the necessary financial resources in the coming weeks and months, the need to find a new partner would become urgent.