InterSpac proponent Carlo Cottarelli has spoken about the plan for implementing the InterSpac project of fan ownership for the Nerazzurri.
In a press release reported by FCInter1908, the Italian economist explained that he is hoping to work with the current Nerazzurri ownership who know of his plans, and laid out a timeline for their implementation.
Cottarelli is a well-known proponent of bringing a popular share ownership model to Inter, and the InterSpac project represents a concrete attempt to put his ideas into practice.
Cottarelli defends the viability of the InterSpac project and explains methodically how the project would be carried out, involving an informed transition from the current ownership model to one in which fans can buy shares in the club.
He begins with the following:
“We want to carry out a great project of popular share ownership. To strengthen Inter with capital provided by us fans, supplemented with resources from institutional investors, in an economically sustainable framework.
“This is already happening at other glorious clubs such as Bayern Munich.
“We want to work together with the current owners,” he continues, “who have already been informed of our initiative.
“Our only aim is to support the team we love. We are grateful to President Zhang for bringing Inter back to the top of football.”
Proceeding, Cottarelli detailed the steps he wishes to take which would first establish the viability of the project and then lay a groundwork for it to function.
The economist lays out step by step the phases of the plan and how they would support his idea:
“The first step will be symbolic. By the end of June we will bring into the company InterSpac SRL, chaired by me, a small group of well-known Inter fans, who will buy a small share [of the Nerazzurri]: sportsmen, musicians, writers, journalists, television presenters. They will help to make the project known.”
For the second stage:
“We want to measure how much interest there is in our initiative. We have commissioned IQUII and its Sports Intellegence Unit to conduct an in-depth study on the subject.
“On Friday June 25 it will be put online and on social media channels, and relaunched by media partners.
“There will also be a questionnaire on popular shareholding,” he continues, “through which Inter fans will be able to make their opinions known, informally.”
After this, the project will continue as follows:
“If, as we think, there is sufficient interest from all parties involved, including ownership, and after defining the technical details of the operation, we will request the authorization of all the competent bodies and start collecting resources from fans and others.”
On the time-scale expected for this step, Cottarelli said this:
“This will take several months, although the exact times will depend on the technical details of the operation.”
“In any case,” Cottarelli concludes, “we think that the popular shareholding model is also valid for other Italian clubs.”
“To discuss this structural, long-term vision, we will hold a public meeting in Milan at the end of September, inviting, in addition to members of InterSpac, personalities from the world of Italian and international football.”
“At this point, let’s go! Come on Inter! And we hope that other Italian fans will want to follow our lead.”