Inter Milan's new board of directors is expected to be decided on June 28, and Steven Zhang, Suning CEO Zhang Jindong's son, is likely to become the club’s new president. The 25-year-old is the current manager of Suning's international relations.

The meeting will be followed by a press conference to announce the future of the club, reported Football Italia.

Zhang Jindong is reported to be setting up a subsidiary of Suning Sports for the management of Inter. Suning Sports is a branch of the multinational Suning Commerce.

Zhang's right-hand man Ren Jun is now in charge of the new company. Ren manages a wide variety of businesses and the report says he “seems unlikely to funnel his work into Inter alone.”

Earlier this month, Chinese retail giant Suning announced that it has acquired an approximate 70% stake in Italian football club Inter Milan. This deal, which is valued at about €270 million, has become a milestone in the company’s sports plans.

Source: Football Italia

Proofread by Sean O Diobhilin