Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).

From:
To:
 

SBD Global/November 28, 2013/Franchises

New Inter Milan Owner Says He Won't 'Splash Cash' On Top Tier Players

Serie A Inter Milan President Erick Thohir said that his priority "will be putting the club back on a sound financial footing and not splashing the cash on top drawer players," according to the AFP. Thohir, who recently acquired a 70% majority stake in the Nerazzurri from former Owner Massimo Moratti, "was elected president of the Serie A giants two weeks ago." Fans are "hoping his investment will lead to a move away from the San Siro ground Inter share with city rivals AC Milan to a new, purpose-built arena." However, the 43-year-old Indonesian businessman indicated that fans "may have to be patient." Thohir: "If you ask me if I'm going to buy new players, my answer is always the same. Our decisions will be taken together, but with one eye on the budget. There would be no unilateral decision on my part, that's what's different from the past." He added, "We will buy players, but we're going to be careful with our spending. Our objective is financial restructuring, creating a club which is in sound financial health, as agreed with Moratti." However, a new stadium "could be further in the future." Thohir: "One day we will have our own new stadium, but at this point we can't say if we're going to build one" (AFP, 11/27).
Return to top

Related Topics:

Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug