Exclusive – Neither Milwaukee Bucks Co-Owner Marc Lasry Nor Saudi Arabic PIF Currently In Talks With Suning To Buy Inter Milan

Exclusive – Neither Milwaukee Bucks Co-Owner Marc Lasry Nor Saudi Arabic PIF Currently In Talks With Suning To Buy Inter Milan
October 1, 2022 16:42
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Neither NBA team Milwaukee Bucks co-owner Marc Lasry or Saudi Arabic sovereign wealth fund Public Investment Fund, PIF, are currently in talks with Suning to buy any stake in Inter, SempreInter.com can reveal.

In the last week, several reports in the Italian media have stated that the 63-year old businessman and hedge-fund manager was one of many potential buyers who want to begin due diligence in order to buy Inter Milan from Suning.

However, a spokesperson for Avenue Capital Group, the investment firm in which Marc Lasry is chairman, CEO and co-founder, told SempreInter.com that the American investor is not interested in buying the Nerazzurri.

“Mr. Lasry has never expressed any interest in purchasing the Inter Milan club. Recent media reports suggesting such interest are inaccurate.”

The denial first appeared late last night, Friday September 30th on Twitter, when account Inter_Xtra tweeted that representatives of Mr Lasry had denied the negotiations.

Furthermore, SempreInter.com can also reveal that there are currently no ongoing negotiations between Suning and Saudi Arabic sovereign wealth fund Public Investment Fund, PIF, regarding Inter Milan.

Recently reports circulated in Italy claiming PIF and Suning were in talks about a potential sale of Inter Milan.

However, several sources from all parties involved have independently of one another confirmed that there are currently no ongoing talks or contacts between Suning and PIF, over an investment or a purchase of any stake at Inter Milan.

By Nima Tavallaey Roodsari