At the moment there are no ongoing negotiations between current Inter owners Suning and Saudi sovereign wealth fund the PIF regarding a possible sale of the club, despite rumours to the contrary.
This according to Italian news outlet FCInterNews, who report that the PIF have not made a new improved offer or done any due diligence necessary to resume any talks with Suning, as had been suggested in a report.
A report emerged from Italian broadcaster SportItalia shortly after Inter’s Champions League group stage opener against Bayern Munich that the PIF had made a new offer worth €1.2 billion to Suning to buy Inter and that negotiations are now underway.
However, according to what FCInterNews has ascertained, there are no talks ongoing, and in fact the PIF have preferred to invest in Premier League club Newcastle United.
According to the report, the Saudi fund continue to reject the possibility of investing in an Italian football club on the basis that it is less financially advantageous than an investment in the Premier League, where among other factors, broadcasting revenues are significantly higher.
If an offer of €1.2 billion were to really arrive to purchase the Nerazzurri, then Suning would very seriously consider it, but at the moment there is no concrete offer of this size, while there is some tentative interest from funds in the US.
Meanwhile, as FCInterNews notes, the situation with US-based fund Oaktree Capital is still ongoing, with the large loan that the Nerazzurri took on last summer due to be fully repaid by 2024.
In this case, ownership of the Nerazzurri could pass into the hands of Oaktree as was the case when Elliott Management took over Inter’s city rivals AC Milan, but this situation would be unrelated to the PIF.
