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Suning to buy 20% of Inter ?

By He Lanying 06 Apr 2016

China’s leading retailer, Suning Commerce Group, which recently bought Chinese Super League club Jiangsu, reportedly want to buy a 20 % stake of Italian Serie A side Inter Milan, according to Football Italia.

Inter President Erick Thohir’s search for investors in Asia has been well publicised as he looks for a fresh injection of cash into the club.

It is reported that the Suning Commerce Group, owners of Chinese Super League side Jiangsu Suning, intend to buy a 20 per cent stake in the Nerazzurri.

The newspaper believes this would be made up of 14 per cent of Thohir’s current shares and 6 per cent of former President Massimo Moratti’s.

That is despite claims by Moratti yesterday that he’s ‘absolutely not selling shares’.

The sale would reportedly bring in a figure of between €60-90m. However, the newspaper also believes that Thohir is considering a sale of his majority shareholding as a plan B.

Source: Football Italia

Proofread by John Devlin.

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