Inter Milan owners Suning will reportedly receive what could be a satisfying offer from a Middle Eastern group that’s looking to buy the club.
According to Il Corriere dello Sport via FcInterNews, investment bank Raine Group, along with Goldman Sachs, has been working on finding a new buyer for the club.
Current club owners Suning are struggling to pay back the Oaktree loan. The deadline is set for May 20th 2024.
Therefore, selling the club could be an inevitable solution for club president Seven Zhang and Suning Group.
As the source explains, Raine Group believes it has found the right buyer in the form of an investing group based in the Middle East.
Inter Milan Owners Suning Could Receive An Enticing Offer From A Middle Eastern Group
The report claims that the negotiations are already at an advanced stage. An official offer from the interested party could well be on the way.
The intermediary (Raine Group) expects the bid to be high enough to satisfy Suning’s financial requests.
Moreover, the source claims that Zhang could be willing to lower his demands as the Oaktree loan’s deadline looms ever closer. Suning’s initial valuation of the club was above one billion euros.
China-based Suning Group has been Inter’s majority owner since 2016. However, their financial troubles could spell the end of their tenure at the club.