Inter have undergone a change to their ownership structure, with Grand Tower named as the overall owners under Suning following investment in the club earlier this month.
As reported in today’s newspaper edition of La Gazzetta dello Sport, the Nerazzurri have revamped the chain of command at the club and newly formed Grand Tower have been announced as the majority shareholder in the club.
Grand Tower are completely owned by Great Horizon, the company that had previously been declared as the majority shareholders of Inter, and is also based in Luxembourg, prompting the newspaper to suggest that the change was made to take advantage of taxation benefits.
Suning reached an agreement with US investment firm Oaktree Capital earlier this month to secure a €275 million loan and it is common to see structural changes and reorganisations following such heavy investment.
Chinese retail firm Suning have been at the helm of the Nerazzurri since 2016 and this season oversaw a first Serie A title in 11 years.
