Inter Milan owners Suning are still aiming to maintain the club’s ownership, reportedly refusing two proposals to sell.
The Chinese group acquired the club’s majority shares back in 2016 with Steven Zhang assuming office as club president.
But with the deadline of the Oaktree loan looming on the horizon, some believe Suning could opt for a sale.
The company will have to repay the loan or refinance it before May 2024 (the deadline date). Otherwise, a sale could prove to be the most viable escape route.
But according to Il Giorno via FcInter1908, Suning and Zhang are yet to show any signs of surrender.
The Chinese group still values the club at no less than 1.2 billion euros. The Inter owners could even ask for a higher figure if a serious suitor emerges and makes a vigorous attempt to buy the club.
But in the meantime, the source notes that Suning have already rejected two separate approaches.
The first came from Finnish billionaire Thomas Zilliacus. The self-proclaimed Inter fan revealed that he had already met Zhang and received a firm “no” as an answer.
Suning Are Refusing To Surrender The Ownership Of Inter Milan And Have Rejected Two Offers To Sell
The other offer came from Italian minister Carlo Cottarelli and the Interspac project. The reply was similar to the first case.
Nevertheless, Zhang will certainly discuss these topics in the upcoming shareholders meeting.
Thus far, the young Inter president had often dismissed Suning’s exit talks, labeling them as mere rumors.
