Suning Could Remain Inter Owners If Nerazzurri Win Serie A Title, Italian Media Suggest

Suning Could Remain Inter Owners If Nerazzurri Win Serie A Title, Italian Media Suggest
February 23, 2021 12:45
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Steven Zhang remains reluctant for Suning to sell Inter but he is likely fighting a losing battle, according to an Italian media report today.

As per Tuttosport’s print edition, the Nerazzurri’s president does not wish to sell off a majority stake in the club now, but he knows this is likely ‘the final scenario’ for Suning.

Zhang is studying two alternative routes to solve Inter’s financial issues, hoping he can either find a partner to take over LionRock Capital’s 31.05% stake or secure a €200 million loan to meet Inter’s various deadlines next month and take the club through to the end of the season.

It is not out of the question that Suning could try to ‘find the strength’ to carry on as Inter’s owners if Antonio Conte’s side win the Serie A title, although the Turin-based paper warned this was unlikely.

There is still a stalemate in negotiations between Suning and BC Partners, who have upped their offer to €800 million but remain shy of Suning’s €1 billion asking price.

TS also praised Conte, Beppe Marotta and Alessandro Antonello for isolating the team from all Inter’s off-field issues, which have so far had no ill effect on their form in the league.

 

By Cammy Anderson

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