Inter’s €800M Sale From Suning To BC Partners ‘Imminent’, Italian Media Report
BC Partners are closing on a deal to buy Inter for nearly €800 million, according to an Italian media report today.
As per Tuttosport’s print edition, negotiations between the British-based private equity fund and Suning have reached a decisive phase.
Rumours from financial circles suggest that BC Partners will purchase the Nerazzurri ‘imminently’, having completed due diligence on Inter’s accounts last month.
The report comes a day after BC Partners chief Nikos Stathopoulos confirmed that the fund were considering investing in elite football clubs.
Tuttosport’s story contradicts another article in Wednesday’s papers, with Corriere dello Sport claiming that Saudi Arabia’s Public Investment Fund (PIF) had overtaken BC Partners in the battle to buy Inter, have made Suning an offer which was more in line with their demands for the club.
That said, Fabio Ravezzani reported something similar to the Turin-based paper yesterday when he tweeted to say BC Partners were on the verge of purchasing the Nerazzurri.