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SBD Global/October 3, 2013/Franchises

Serie A Inter Milan Owner Massimo Moratti To Sell Club To Erick Thohir 'Within Week'

Serie A Inter Milan Owner Massimo Moratti said that "the club's sale to Indonesian Erick Thohir may be sealed 'within the week,'" according to the BBC. Moratti hopes Thohir, a part owner of Major League Soccer club D.C. United and NBA Philadelphia 76ers, "will help ease debts of about" £250M ($406M). Moratti: "I hope to see an even stronger Inter. We could be close to signing contracts but, until it happens, I can't make any announcement. Maybe the signatures will arrive within the week." Thohir "is reported to be seeking a 75% stake in Inter" in exchange for €350M ($476M) (BBC, 10/2). FOOTBALL ITALIA wrote according to Corriere della Sera, Moratti "is quoted as praising the incomer at a board meeting earlier this week." The paper reports that Moratti said, "The Indonesians are not here to conquer us, they are here to give strength to the club and will make it grow further" (FOOTBALL ITALIA, 10/2).
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