Inter Could Soon Find Themselves Under American or Middle Eastern Ownership, Italian Media Report

Inter Could Soon Find Themselves Under American or Middle Eastern Ownership, Italian Media Report
September 23, 2021 15:20
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Inter could be owned by either an American company or a Middle Eastern sovereign wealth fund within the next year as Suning prepare to listen to offers, according to a report in the Italian print media today.

As has been reported by Italian finance newspaper Il Sole 24 Ore, Suning is ready to start listening to offers for the Nerazzurri due to the financial hardships that the company is in.

Suning are under pressure from the government in China as well as the US hedge fund Oaktree that provided a €275 million loan for the club this summer.

The Saudi Arabian sovereign fund, PIF, has been looking for an investment opportunity in European football for some time. They have been linked with Manchester United in the past, and very nearly bought Newcastle United just over a year ago.

There is also a chance that Inter could become a US-owned club like many others in Serie A.

By Euan Burns

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