Inter Milan Chief Executive Giuseppe Marotta Is Looking For Fresh Investment In The Club

Chinese retail giant Suning owns 68.5% of the club, which is suffering like rivals due to the fallout from the COVID-19 pandemic. The remaining shares are owned by investment firm Lionrock Capital.

“The owners are working for the good of Inter, the goal is to reach an agreement with a partner to get the liquidity that is needed right now,” Marotta told Rai Radio 1, adding Suning had invested 700 million euros ($845 million) in the team so far.

Inter Milan was one of the three Italian founding members, alongside Juventus and AC Milan, of the European Super League, a breakaway project which collapsed few days after its announcement.

You Might Also Like  Liverpool fans kick against buying back Coutinho from Barcelona

Earlier this year Suning held exclusive talks with London-based BC Partners, which was interested in a majority stake in the club, but talks did not bear fruit.

Inter Milan is now looking for a financing deal of up to 250 million euros to meet immediate needs and recently has been holding discussions with Bain Capital Credit and Oaktree Capital Group on the matter, two sources said.

The loan would be granted to Great Horizon Sarl, the Luxembourg-based vehicle through which Suning controls the club, one of the sources added.

You Might Also Like  UEFA Awards!! Liverpool Star Mohammed Salah Speaks After Failing To Win Any Thing

Bain Capital Credit declined to comment. Oaktree was not immediately available for a comment.

About Frizzy 9878 Articles
Ibrahim Firdaous Atilehin-Oluwa an Award winning blogger Born On December 24. My talents include sleeping, eating, hating myself saying the wrong things, listening to awesome music" i love making Friends and am friendly too, i like meeting reasonable people whom will add more good to my life. Contact Me, Frizzy4web@gmail.com.

Be the first to comment

Leave a Reply

Your email address will not be published.


*