Suning’s Only Interested In Selling Minority Stake At Inter Whilst Potential Buyers Want To Buy Them Out, Italian Media Report

Suning’s Only Interested In Selling Minority Stake At Inter Whilst Potential Buyers Want To Buy Them Out, Italian Media Report
December 29, 2021 19:00
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Inter owners Suning are only interested in selling a minority share at the club, while all potential buyers so far have only been interested in taking full control.

This according to today’s print edition of Rome-based newspaper Corriere dello Sport, who report that the Chinese company are having difficulty finding buyers for a minority stake in the Nerazzurri.

Suning have made no secret of the fact that they are looking for investment in Inter, with the owners looking to cover the debt and liquidity problems that the club faces.

However, so far they have held firm that they do not intend to sell the club outright but only wish to find a minority investor.

This has proved tricky so far, however, as no investors have shown any interest in a stake such as the 31.05% owned by LionRock.

The Nerazzurri reported losses of €245.6 million on their last financial statements, and even with the prospect of a new stadium in the near future, they are far from an attractive prospect for investors without the possibility of having control in decision-making and corporate strategy.

By Toni Weeler

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