Investcorp & Ares Capital Interested In Buying Inter From Suning, Italian Media Claim

Investcorp & Ares Capital Interested In Buying Inter From Suning, Italian Media Claim
July 3, 2022 12:15
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Bahrain-based fund Investcorp and US fund Ares Capital are interested in buying Inter from Suning, according to a report in Italian media.

The two funds are linked with an interested in purchasing the Nerazzurri in today’s print edition of Rome-based newspaper Corriere dello Sport, who report that there are factors in play which would lead both funds to be serious in their interest.

In the case of Investcorp, the Bahraini fund has already been strongly linked with an attempt to purchase Inter’s city rivals AC Milan, before the talks fell through and it was instead RedBird Capital which purchased the Rossoneri.

However, the fund has hardly lost its interest in taking over a big Italian club, with the aim of improving their image globally and in Europe.

Meanwhile, Ares could see there being tax benefits to purchasing the Nerazzurri, as the US government is aiming to encourage investment by US-based funds in Europe, with the aim of countering Chinese investment in the continent.

Due to these factors, the Corriere suggests that both of these funds could be plotting a takeover of the Nerazzurri from current owners Suning, although they would only be the latest parties rumoured to be keen to buy the club.

By Toni Weeler

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