Five Chinese inducted into Inter’s new Board

Suning Holding Group’s takeover of Serie A giants Inter Milan FC has been officially approved. The move was ratified at the Club’s Shareholder’s Meeting, chaired by Indonesian tycoon Erick Thohir in Milan yesterday.

According to Baraka Nasari of The Offside, the meeting also approved the appointments of Inter Milan’s new Board of Directors, which sees Erick Thohir remain as the President and Executive Chairman at the Club. In addition to Erick Thohir, Mr. Handy Soetedjo, Mr. Michael Bolingbroke, Mr. Nicola Volpi and five Chinese officials from Suning Group were inducted onto the new Board of Directors. These new Chinese members, namely Mr. Ren Jun, Mr. Mi Xin, Mr. Yang Yang, Mr. Liu Jun and Mr. Steven Zhang, are Managing Directors at Suning’s retail, culture, sports and investment departments.

The Chairman of Suning Holdings Group, Zhang Jindong, said: 'I deeply believe that, with the support of all the Nerazzurri fans worldwide, the support of Suning's resources, the effort and commitment of Inter's expert leadership and drawing inspiration from a model like Massimo Moratti, we will be able to revive the former splendour and restore Inter to glory.'

Inter President Erick Thohir said: "I welcome the new Directors and I am proud of the strategic partnership formalised today with Suning Holdings Group that will enable us to take the next step in the project and return Inter to its rightful place in the world of football.”

Source: The Offside

Proofread by Sean O Diobhilin