SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
It appears Inter Milan President Erick Thohir’s wish to welcome new investors to the club will come to fruition, with reports indicating a Chinese group is closing in on an agreement.
While it is unknown whether the new investors will be a conglomerate or the Suning Commerce Group (who own Jiangsu in the Chinese Super League) reports suggest they will secure a 20 percent stake in the club.
Following a recent lengthy email from Inter’s chief executive Michael Bolingbroke to his fellow club executives, an urgent and important gathering at the team’s headquarters in Milan has been scheduled for the start of this week.
Anticipated talking points on the meeting agenda are set to address President Erick Thohir’s devotion to the club and his refusal to sell majority shares.
A long list of invites to the gathering this week suggests that a major decision could be on the cards regarding the club’s financial future, as Thohir continues to work towards securing foreign investment to make up for a possible deficit if the club misses out on Champions League football next season.
Source: gazzettaworld
Proofread by John Devlin.
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