Turin based newspaper Tuttosport highlight the importance of the shareholder’s meeting in today’s paper edition of the newspaper in which a new President will be appointed and the Inter executives will be given a new direction.
According to the report “Suning are underway to take over the 30% of Inter shares that are still held by Erick Thohir, and according to certain agreements that were reached in 2016, the Indonesian should exercise the option that allows him to sell his shares in the first few months of 2019. In this sense, the shareholders’ meeting will give Inter an important direction, and a new president will be appointed there, considering that the three-year mandate that was given to Thohir and the board of directors is about to expire. Steven Zhang becoming the new Inter president shows further signs of Inter parting ways with Erick Thohir.”
“For months, the Zhang family has been studying the possibility of buying out Erick Thohir’s shares. Suning would like to be the complete owners of the club. There are also rumors of a possibility of a group of VIP Nerazzurri fans purchasing 10-12% of Inter. For now these are just rumors and talks between VIP fans who are considering this to be a very attractive investment due to a few reasons: Inter is due to come out of the settlement agreement next Summer and Inter are capable of reaching top four to qualify for the Champions League consistently” Tuttosport concludes.
