Inter are not the first club targeted for investment by Saudi Arabia’s Public Investment Fund (PIF), as explained by a report in the Italian media today.
As per La Repubblica’s print edition, Saudi Arabia’s Crown Prince Mohammed bin Salman tried to get involved in football last year when a real interest was shown in purchasing Premier League club Newcastle United.
A deal appeared one step from completion, but Amnesty International and beIN Media Group got in the way and talks collapsed, with speculation over the state’s involvement in the killing of journalist Jamal Khashoggi.
PIF are now keen on investing in Inter, with further details available in today’s edition of Gazzetta dello Sport.
La Repubblica’s report went on to explain that BC Partners, who have been in talks with Inter owners Suning for over a month, have less constraints than PIF do, but there is a big difference between supply and demand.
BC Partners are widely reported to have made an offer, with various reports having stated the offer is €750 million while others have said €800 million.
Suning are thought to be looking for a sum in the region of €1 billion to sell Inter, who they have owned since the Summer of 2016.
