There have been no significant updates on the Inter sale front in the past few days, according to an Italian media report today.

As per La Repubblica’s print edition, BC Partners are still the ‘first option’ to buy into the Nerazzurri and there are negotiations taking place between the fund and Suning, but it cannot be ruled out that someone else could step in.

The report from the Rome-based news outlet advised supporters to watch out for Emirati state fund Mubadala, who remain a credible alternative should the British fund prove unable to reach a deal with Suning.

BC Partners are widely reported to have made an offer to Suning for Inter already but the offer is allegedly €200 million short of Suning’s asking pricem, which has been reported as €900 million by some and €1 billion by others.

The British-based private equity fund, as per what has been reported so far, are the only party to have completed the due diligence process on Inter’s accounts and the only part to have also made an offer.