Suning have continued negotiations to secure a short-term loan that would allow them to retain control of Inter, as talks with US investment firm Fortress are on-going.
The Chinese retail conglomerate have financed significant financial pressure and had been facing the prospect of selling the Nerazzurri, with British equity fund BC Partners hoping to complete an outright takeover of the club.
However, as reported in today’s newspaper edition of La Repubblica, Suning and Inter President Steven Zhang is determined to remain in post until at least the end of the season, with Antonio Conte’s side on course for a first Scudetto since 2010.
Suning have been negotiating with Fortress to secure a loan of €250 million in order to meet outstanding debts until the end of the campaign, whilst also allowing them to retain ownership of the club.
Alternatively, Suning could instead sell a minority stake of Inter to Saudi sovereign fund PIF, who are looking to invest in the city of Milan after seeing an approach for the famous La Scala opera house rejected.
BC Partners also remain in contention and are still determined to purchase Inter, having failed to agree a fee with Suning during discussions earlier in the year.
