Italian Journalist Fabrizio Biasin: “Zhang Family Have Given Goldman Sachs Mandate To Sell Inter For €1.2Bn”

Inter owners Suning and the Zhang family have given US investment bank Goldman Sachs the mandate to sell the Nerazzurri for an offer of at least €1.2 billion.

This according to Italian journalist Fabrizio Biasin, who reported in a tweet that the Zhangs have told Goldman Sachs to begin looking for a buyer, although this does not mean that any buyer has been found or that a deal is close.

Suning have been linked with a sale of Inter for some time, with the financial situation at both the club and the parent club having raised doubts about the viability of their ownership, although all past links with a sale have come to nothing.

However, now according to Biasin the Chinese company have taken the decision to sell Inter and have initiated the process of looking to see if a buyer can be found who meets their valuation, although it will remain to be seen if this search is successful.

Biasin tweeted, “The Zhang family have given Goldman Sachs the mandate to sell Inter. Their request is €1.2 billion. This does not mean that a buyer will be found ‘tomorrow’ but it’s true that the process has been initiated.”

La famiglia #Zhang ha dato mandato a Goldman Sachs per la cessione dell’#Inter.

Richiesta 1,2 miliardi.

Questo non significa che i compratori arriveranno “domani”, ma è vero che il processo è innescato.

— Fabrizio Biasin (@FBiasin) September 9, 2022