Amidst rising debts and growing financial concerns, Inter owners Suning have no option but to sell the club, according to Italian journalist Fabio Ravezzani.
The Chinese retail conglomerate have owned a majority stake in the Nerazzurri since June 2016, but are currently in negotiations to sell, with British private equity fund BC Partners granted exclusivity to the club’s accounts last month.
However, with players’ wages from July and August deferred until this month, and a similar arrangement seeing November and December salaries delayed until May, concern is growing over Suning’s financial capabilities.
Meanwhile, Inter worked with Real Madrid to defer an instalment of the transfer fee for Achraf Hakimi until March, but risk exclusion from European competition if they fail to pay their debts.
Taking to social media to express his concern at the financial state of the club, Telelombardia journalist Ravezzani declared that BC Partners’ due diligence had revealed the situation to be worse than expected and claimed that Suning must sell up.
“Unfortunately it seems that Inter’s financial situation after the due diligence is worse than any forecast. This will force Suning to sell and accept heavy losses, but the future of the club is not in question,” Ravezzani tweeted.
Purtroppo pare che la situazione finanziaria dell’Inter dopo la due diligence risulti peggiore rispetto a ogni previsione. Questo obbligherà Suning a vendere in tempi brevi e soprattutto ad accettare offerte pesantemente al ribasso. Ma il futuro del club non è in discussione.
— Fabio Ravezzani (@FabRavezzani) February 6, 2021
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