As takeover talks intensify, Inter owners Suning are hoping that increased interest in the club will give them a stronger hand when negotiating with potential investors.
The Chinese retail conglomerate have opened talks with a host of parties from around the world as they look to bring in investment or sell the club outright, amidst rising debt.
As reported in today’s newspaper edition of Tuttosport, Suning have been looking to strike a deal with British private equity fund BC Partners after they were granted a period of exclusivity in January.
However, with BC Partners currently unwilling to meet Suning’s €800 million valuation, the Chinese firm hope that interest from American investment firm Fortress and Saudi Arabia-based PIF will lead to an increased offer from BC Partners.
Whilst Fortress and PIF are currently only looking to purchase a minority stake of up to 30% in the club, Suning’s need to raise €200m just to settle outstanding debts for this season alone is likely to push them into looking for an overall sale of the club.
