The latest news is that the SCG will become majority shareholders in Inter yet there are still other details needing ironed out and rumours floating about regarding the futures of Erick Thohir and Massimo Moratti in particular. Gazzetta dello Sport say that Thohir is selling the club at a hugely increased price to what he paid for it, thoughts to be around €250m in 2013. Thohir will sell for €500m but various rumours suggest that the SCG will pay in excess of €700m and up to €750m. Massimo Moratti is an important figure at this time with his 29.5% shares having two possible outcomes. The shares will either be sold directly to the Chinese group or through Thohir which could net the pair more money. It is expected that after Thohir sells his 70% shares he will remain president. The reason behind the sale is said to be Thohir’s failure to take Inter back to former heights and turn them into a more profitable enterprise, Failing to qualify for the Champions League more than likely dented the chances of Inter being profitable.
Source: Gazzetta dello Sport
that’s a lot of money-
Where does that estimation came from? It’s a bit unlikely that anyone will value us that much, but if it is indeed the case then Thohir would be half a billion dollar richer overnight.
Forbes values Inter Milan at $558m USD (€498.66m), include branding, sponsorship funds etc, the value makes sense.
Half of them in debt. Alright that makes sense mate.
Sounds like a lot of bulls**t
Hmm…. Hopefully it all works out for the club’s sake. Suning ultimately want to own a Premier League club, wouldn’t be surprised if they sell us off again within the next 2 years
as most of the premier league giants are already owned by almost equally rich oligarchs, i doubt they will buy one in any time soon, they are much more likely buy minority stakes and do the usual ’embrace extend extinguish’ like only Chinese companies can.