Despite Amanda Staveley’s Denials PIF Still Interested In Inter But Suning Want €1Billion, Italian Media Claim

Despite Amanda Staveley’s Denials PIF Still Interested In Inter But Suning Want €1Billion, Italian Media Claim
November 13, 2021 19:00
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Saudi fund the PIF remain interested in buying Inter from Suning, although the Chinese company are demanding €1 billion for the sale.

This according to this week’s print edition of Italian news magazine Panorama, who claim that in spite of public denials by PIF executive Amanda Staveley, the Saudi fund are still aiming to purchase the Nerazzurri.

The PIF have been linked with trying to buy Inter for some time, with reports last month suggesting that a deal was close before denials refuted them.

Rumours that a sale could be close have nevertheless persisted, although PIF executive Staveley gave yet another firm denial recently, with Suning also stating that they have no intention of selling the club.

However, Panorama report that the interest from the PIF remains, and that they aim to complete the purchase having already taken over Premier League club Newcastle United.

They claim that the PIF intend the challenge Qatar-owned Paris Saint-Germain by taking over at the Nerazzurri.

Suning, however, are stated to be asking for at least €1 billion in exchange for the club, and it remains to be seen if the PIF are willing to meet this amount.

However, the Chinese company may have limited say in the matter, as Panorama report that they could have to sell the club as a matter of political necessity due to new policy mandates in China.

By Toni Weeler

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