Inter Deny Rumours Of A Sale To PIF Being Close, Italian Media Report

Inter Deny Rumours Of A Sale To PIF Being Close, Italian Media Report
December 11, 2021 15:00
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Inter have categorically denied recent rumours that a sale to Saudi Sovereign Wealth fund is close at hand.

This according to today’s print edition of Rome-based newspaper La Repubblica, who report that Nerazzurri owners Suning remain committed to their continued control of the club.

Over the last couple days, new rumours have emerged which suggest that the PIF are only steps away from buying Inter from Suning.

These rumours have stated that when the Saudi fund takes over, Italian finance worker Nicola Volpi is set to take over as President.

However, according to the newspaper, the word from within the club is that there is no truth to these rumours, as the current owners are rather focusing on a search for new minority shareholders.

Suning plan to refinance the club’s bond early in 2022 and are also pressing ahead with plans to build a new stadium alongside AC Milan which are vital to their continued plans to run the club.

The current owners do not have any interest, however, in a full sale of the club but only in selling a minority stake to new financiers, according to the report.

By Toni Weeler

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