Inter’s owners Suning are in advanced talks with Fortress to secure short-term investment for the club, according to a report in the Italian media today.
Corriere dello Sport’s print edition said the Nerazzurri’s majority shareholders were likely to receive €250 million in the deal, split into two instalments of €150 million and €100 million.
Suning would use this money to help them cover Inter’s upcoming payment deadlines at the end of March.
These deadlines include paying Inter’s players their salaries for January and February, transfer fee instalments to other clubs and ‘agreements with other clubs to be updated’.
Suning are seeking a ‘financing’ deal with Fortress because the Zhang family do not intend to relinquish control of the club, despite their well-documented financial difficulties.
The Chinese company sold shares in Suning.com worth €2.3 billion recently to bring in much-needed cash, although the report warned there was no guarantee that Suning wouldn’t need to sell more assets in the foreseeable future.
