Inter’s owners Suning have agreed a deal for their company to resume broadcasting Serie A games in China, according to a leading Italian journalist.
PPTV Sports, owned by Suning, stopped showing Italy’s top flight matches a week ago after missing payment deadlines.
However, as per La Repubblica’s Franco Vanni, Suning have now agreed a ‘bridging deal’ with IMG, who own Serie A’s overseas TV rights, to continue showing games again with immediate effect.
Vanni took to Twitter today to share the news, posting: “Confirmation arrives.
“From today PPTV can broadcast the matches of the Serie A in China.
“The owner of the broadcaster, Suning, has reached a ‘bridging agreement’ with IMG, who hold the foreign rights of the league.
“The service was suspended on February 5 due to missed payments.”
The details of the agreement are not yet known but this agreement would appear to be good news for Suning, in a period where the Nerazzurri’s majority shareholders are experiencing great financial difficulties.
Inter are currently suffering from a lack of liquidity due to the COVID-19 pandemic and the Chinese government restrictions in relation to the exporting of capital to Europe.
Suning, who have owned Inter for the past four and a half years, are reported to be in talks with BC Partners over the potential sale of the club, with a whole array of other financial groups linked with potential investment into the Nerazzurri.
Arrivaconferma: PPTV da oggi può nuovamente trasmettere le partite della #SerieA in Cina 🇨🇳
Il proprietario dell’emittente #Suning ha raggiunto un “accordo ponte” con IMG, che detiene i diritti esteri del campionato. Il servizio era stato sospeso il 5/2 per mancati pagamenti
— franco vanni (@franvanni) February 12, 2021