Italian Media Argues Why Suning Could Soon Sell Ownership Stake At Inter

Italian Media Argues Why Suning Could Soon Sell Ownership Stake At Inter
August 9, 2021 18:40
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Inter could be set for a change of ownership which would see the club run differently than it has been under Suning, with the Chinese company possibly preparing to sell the Nerazzurri, perhaps to Oaktree Capital.

This according to today’s print edition of Milan-based newspaper Libero, who argue that the steps taken by Suning to financially stabilize the club and reduce the debt and liquidity problems could be laying the groundwork for a sale by making the club more attractive as an asset.

Libero suggest that Oaktree could be set to eventually take over the club from Suning by purchasing their controlling share in the club, with the American fund having given a sizable loan to the club earlier this year.

Were Oaktree to take the club over, the order of business would likely look like running the club similarly to how city rivals AC Milan have been run since their takeover by Elliott Management Corporation in 2018, with an eye to sustainability rather than spending big in pursuit of titles.

However, should this transition be made it is still expected, according to Libero, that the club will prioritize competing for the Champions League, with the money and prestige associated with the top European competition a cornerstone of keeping the club running at a high financial level.

By Toni Weeler

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