Inter President Steven Zhang declared that the Nerazzurri are not for sale by Suning yesterday, and positive signs from China could be part of the reason why this is the case.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who report that the President’s confidence stems from some positive developments from Suning’s fortunes in China.
One of the main reasons why Suning have been persistently linked with a sale of Inter over the past couple years has been that directives from the Chinese Communist Party could make investment in the club difficult.
This has been brought up with respect to recent reports that the owners have asked US-based investment banks to look for buyers for the club.
However, Zhang’s words yesterday went against these reports, as the President stated in no uncertain terms that there is no intention on Suning’s part to sell Inter.
Behind the scenes, this could mean that the current Nerazzurri owners are working with the investment banks only to find minority investors and not outright buyers.
According to the Gazzetta, part of the reason for this is positive developments in what happened in the recent congress of the Chinese Communist Party, of which Zhang’s father Zhang Jindong has always been close.
Zhang will therefore also be expected to reiterate the message that the Nerazzurri are not for sale in the annual shareholders meeting on Friday, and the reasons behind this would appear to be filtering from China.
