Steven Zhang Reluctant To Sell Inter While Nerazzurri Fighting For Serie A Title, Italian Media Report

Steven Zhang Reluctant To Sell Inter While Nerazzurri Fighting For Serie A Title, Italian Media Report
February 18, 2021 12:30
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Inter president Steven Zhang still does not want to sell the club, according to an Italian newspaper report today.

As per Tuttosport, Zhang is reluctant to leave the Nerazzurri while they are fighting to win the Serie A title and he hopes to find a solution that will enable Suning to continue as owners.

Inter could secure a loan to help them cover their short-term financial costs, with the club currently speaking to Bain Capital over such an arrangement.

The US-based group are not interested in purchasing shares but are currently evaluating the club with people who specialise in credit and debt management.

Suning also have an offer on the table from BC Partners to buy the club worth €800 million and a response will have to be given by the end of next week.

The Turin-based publication said the Nerazzurri’s majority shareholders would probably try to squeeze more money out of BC Partners during their talks, should their plan to obtain a loan fall through.

BC Partners’ valuation for the club remains some why shy of Suning’s €1 billion asking price, but they could include a series of add-ons to help bridge the gap.

By Cammy Anderson