Inter owners Suning have stabilized the financial situation at the company significantly over the past few months after recent difficulties.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who report that the Chinese company’s debt situation has improved as was stated yesterday by founder Zhang Jindong.
Suning’s debt and liquidity crises have been widely reported, having also been exacerbated by the pandemic, and they were a key reason for the Nerazzurri’s own financial restrictions this year.
The company solid 16.96% of shares in Suning.com to a stable fund in July, and this looks to have had the desired effect of stabilizing the overall situation at the company.
It remains to be seen how this upturn in Suning’s fortunes will affect Inter, but at the very least there will now be one less financial restriction as the team look to consolidate and give continuity to their strength on the pitch.
