After seeing lengthy negotiations fail to yield an agreement, BC Partners have not completely closed the door on a future takeover of Inter from Suning.
The London-based equity fund were granted a period of exclusivity in January but failed to reach an agreement to purchase the club, whilst US firm Fortress have sought to buy a minority stake.
As reported in today’s newspaper edition of Tuttosport, Inter President Steven Zhang would favour Fortress’ approach and is keen to remain at the Nerazzurri whilst bringing investment in.
However, BC Partners continue to remain a long-term option, despite their €800 million offer for an overall takeover falling short of Suning’s €1 billion valuation.
The British firm have taken a step back from negotiations but have not moved on entirely, and instead are employing a tactical retreat to gauge Suning’s financial situation over the coming months.
Meanwhile, Zhang is keen to reach an agreement with an investor as soon as possible to cover expenditures to agents and intermediaries.
Live Comments
Welcome to our Live Comments section, where new comments will appear automatically
Add a Comment