CBS Sports Journalist Ben Jacobs: “PIF Sources Again Denying Inter Takeover Is Close”

CBS Sports Journalist Ben Jacobs: “PIF Sources Again Denying Inter Takeover Is Close”
December 29, 2021 21:30
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Sources close to Saudi soveriegn wealth fund the PIF are once again denying that a purchase of Inter by the fund is close.

This according to CPS journalist Ben Jacobs, who reported in a tweet that the fund are not interested in purchasing the Nerazzurri from Suning but only considering buying a minority stake.

The PIF have been linked with a takeover of Inter for some time, with the fund having already considered the move and been in talks with Suning.

The current owners have been reported to be open to a sale or at least to selling a minority share, and this has led to some rumours that the PIF could look to take over at the club, especially after they took a controlling interest in Premier League club Newcastle United,

However, Jacobs reports that the fund are still nowhere near any sort of agreement with Suning on a sale despite some recent rumours being reported.

His tweet reads: “PIF sources (again) denying an Inter takeover is ‘days away’. Suning prefer minority investment. Notion a 1bn deal is already signed is being met with bemusement.

By Toni Weeler

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