Inter’s owners Suning remain hopeful they will not be forced to sell the club, according to a report in the Italian media today.
As per Gazzetta dello Sport’s print edition, Suning’s decision to sell 20-25% of their shares in Suning.com is likely to have an effect on Inter, who they have owned since the summer of 2016.
The sale of the shares, perhaps to the Chinese state itself, should not take any longer than five days and is said to be a clear sign that Suning have an urgent need for liquidity.
However, the group are still trying to avoid selling Inter for now, the Milan-based paper claims, instead seeking a short-term loan which could act as a bridge to better financial times.
Zhang Jindong and his family are unable to export capital from China to Europe to address Inter’s financial issues, meaning they are having to look elsewhere to guarantee cash flow.
Inter confirmed in a statement this morning that Suning remained committed to the club, with or without additional external support.
