Suning Has Lost 90% Of Its Stock Exchange Value In The Last Four Years As Financial Woes Increase, Italian Media Report

TURIN, ITALY - MARCH 18: FC Internazionale board member Steven Zhang Kangyang looks on prior to he Serie A match between FC Torino and FC Internazionale at Stadio Olimpico di Torino on March 18, 2017 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)

Suning has lost 90% of its stock exchange value over the last four years which is why they have a decision to make regarding their ownership of Inter, according to a report in the Italian print media.

As has been reported by Corriere dello Sport, the financial woes being suffered by Inter’s owners continue to increase.

The stock of the company is now at its lowest-ever point in regard to the stock exchange, having dropped by 90% in the last four years.

This trend is why they took out the loan from Oaktree Capital Group which is the only money that can now be invested into Inter.

There is a liquidity crisis at the company and they need to find outside investment in order to keep hold of Inter, else they will be forced to sell the club.

The loan from Oaktree Capital Group needs to be paid back with interest by the end of June, 2024.