Inter Deny Rumors Claiming Suning Want To Sell Stake At Club, Italian Media Report

Inter Deny Rumors Claiming Suning Want To Sell Stake At Club, Italian Media Report
July 16, 2021 11:30
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SempreInter.com

Inter have denied that owners Suning are looking to sell their shares in the club.

This according to today’s print edition of Rome-based newspaper La Repubblica, who report that the club have given confirmation that the company have no intention of giving up control of the Nerazzurri.

In recent days, founder Zhang Jindong has stepped down as the head of parent company Suning.com amid mounting liquidity and debt problems faced by the company.

This has led to rumours about how Suning and the Zhang family could act in their other business affairs, with the Nerazzurri being one of the major assets held by the company.

As of yet, all indication by the company and by the club has been that Suning intend to continue on with the club.

The owners will hope to steer the club through financial problems of its own, with widely-reported problems meeting financial obligations in recent months having led to the club having set strict financial targets for the summer and accepting a significant loan from American fund Oaktree Capital.

For now, however, it will be Suning at the head of this project.

By Toni Weeler

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