BC Partners will almost certainly not be taking over at Inter anymore, according to a report in the Italian media today.
Il Giorno’s print edition explained that Suning’s talks with the British-based private equity firm were practically over, following months of speculation about a sale.
Suning never budged from their €1 million valuation for Inter while BC Partners were only ever willing to offer €750 million to buy the club.
Both parties remained rigid in their initial positions and have therefore never been close to agreeing a price for a deal.
Suning have since moved onto a different strategy and are now exploring the possibility of a loan, the report continued, which would enable them to remain Inter’s owners.
Earlier today, the Chinese retail giant reiterated that they were committed to supporting Inter financially after the Nerazzurri held a board meeting over a video call.
Inter recorded a €62.7 million loss during the second half of 2020, a figure which could nonetheless have been worse given the drop in revenues thanks to COVID-19 and playing in empty stadiums.
