SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
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
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Gender equality will be reflected at OBS's coverage of the Paris 2024 Olympic Games
16 Apr 2024 12:20
Related coverage
China's Dalian Wanda in talks to buy Ironman parent
07 Aug 2015
23 Aug 2016
Former NBA star to promote Sacramento Kings’ new arena in China
14 Mar 2016
PPTV updates partnership with UFC
06 Nov 2017
Chinese Super League is earning more money
13 Jan 2015
More from Yutang Sports
SportAccord 2024 - MediaAccord is ‘rare opportunity’ to meet before Paris 2024
08 Mar 2024
SPORTACCORD 2024 INSIGHTS: Paris 2024 here we come!
02 Jul 2024
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024
Interview Part I with Martin Gibbs, Managing Director of SportAccord: the Power of Sport Is Real
21 Mar 2024
Yutang Sports
loading...