Suning Sale Rumours Indicate Company Will Sell Inter Too, Financial Reporter Argues

Suning Sale Rumours Indicate Company Will Sell Inter Too, Financial Reporter Argues
February 25, 2021 19:30
( )

Rumours of Suning selling shares in the company suggest that they will also sell Inter, according to a leading Italian journalist and football finance expert.

The Chinese e-commerce giants are suffering from a real lack of liquidity and rumours have surfaced today that they have put between 20-25% of Suning.com up for sale in a bid to raise funds.

As per Il Sole 24 Ore journalist Festa, this could also be a sign of the Chinese companies intentions when it comes to Inter.

In a response to a question from a Twitter follower today, Festa said: “If Suning really sell 25% of their company, I believe the money will be used by their holding company to repay various debts.

“In any case, whether it’s private groups who enter or even more so if the Chinese government gets involved, the message is clear: sell everything that can be sold, meaning Inter as well.”

According to a report from Gazzetta dello Sport this evening, Suning’s trading has been suspended on the Shenzhen stock exchange as people await further news on the company’s future.

Suning are reportedly considering selling control of their company to Jack Ma, raising further speculation that their days at Inter are numbered.

Chinese journalist Yuan Bi explained today that the final decision with regard to the Nerazzurri lay with Zhang Jindong himself.

By Cammy Anderson

Inter To Escape UEFA Sanctions For Involvement In Super League Project, Italian Broadcaster Reports

April 23, 2021 18:30
( )

Inter will not face punishment from UEFA over their involvement in the failed European Super League project, according to a leading Italian broadcaster today. Sky…

Inter Continue Shirt Sponsor Hunt With Samsung In Contention To Replace Pirelli, Italian Media Report

April 23, 2021 18:00
( )

Inter’s likely Serie A title triumph will give them a boost in their hunt for a new main shirt sponsor, according to a report in…

Inter To Release Aleksandar Kolarov Despite Importance In Nerazzurri Dressing Room, Italian Media Report

April 23, 2021 17:30
( )

Inter are all but certain to part company with Aleksandar Kolarov at the end of the season, according to a report in the Italian media…

Chelsea Striker Olivier Giroud Available For Inter On Free Transfer In Summer, Italian Media Report

April 23, 2021 17:00
( )

Inter will get another opportunity to finally sign Chelsea striker Olivier Giroud in the summer, according to a report in the Italian media. Calciomercato.com said…

Inter ‘In Advanced Talks’ With Oaktree Capital Group Over €150M Deal, US Media Report

April 23, 2021 16:30
( )

Inter are in advanced talks with Oaktree Capital Group over a €150 million deal to ease the club’s financial problems, according to a report in…

Inter To Be Without Arturo Vidal & Aleksandar Kolarov Again For Hellas Verona, Italian Broadcaster Reports

April 23, 2021 16:00
( )

Inter will have to wait a little longer before they can welcome Arturo Vidal back to action, according to a leading Italian broadcaster this afternoon.…

Close

Subscribe

to our newsletter