Inter’s Financial Accounts Could Lead To Suning Selling The Club, Italian Media Report

Inter’s Financial Accounts Could Lead To Suning Selling The Club, Italian Media Report
October 1, 2021 20:00
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SempreInter.com

The worrying financial figures that were published by Inter this week could force Suning to sell the club and cut their losses, according to a report in the Italian media.

As has been reported by Corriere dello Sport today, the Chinese ownership is facing up to losses of almost €250 million which is a staggering figure.

There have been reported throughout the summer that the Chinese ownership is awaiting bids from investors such as the PIF from Saudi Arabia or American organisations.

The company that has loaned Inter money to keep them afloat over the summer, Oaktree Capital Group, are also considered candidates to buy the share of the club that Suning own.

There has recently been two new directors placed on Inter’s Board of Directors and they were both put there and recommended by Oaktree Capital Group, which further suggests that they are slowly taking more of a hold on the club.

By Euan Burns

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