Fresh reports about Inter being for sale emerged from the English press Tuesday. Steven Zhang has turned to advisors Goldman Sachs and Raine, which were recently instrumental in the Chelsea takeover by Todd Boehly.
As per La Gazzetta dello Sport, the Nerazzurri brass was irked by the article and brushed it off. They did hold talks with the banks but didn’t sign an official mandate. As for now, Suning wants to hold onto the club. Instead, they have been searching for a minority stakeholder that would help them out. Despite the cost-cutting measures, the outfit is far from self-sufficient, and it is losing about €10M per year. They were in the red for €140M in 2021/2022.
The Inter president should further clarify his intentions in a board meeting on October 28th. He has often spent time in the United States in the last few months, which has fueled speculations. While they aren’t actively shopping the team, they are open to giving it up if somebody comes in with a €1.2B offer, the publication adds. That isn’t imminent, but it would potentially become easier if the project for the new stadium received the greenlight relatively soon.
CEO Giuseppe Marotta was quizzed about the prospective Inter sale yesterday.
“The situation is above the management. I can only say that the ownership has always been very close to the team and fulfilled their financial obligations. We pay regularly. The Zhang family has spent €800M over the years. We can’t complain and we are doing what we can in today’s struggling football landscape.”
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