Former Serie A side Inter Milan Owner Massimo Moratti said that he is "absolutely not" selling Inter shares after reports of Chinese investment, according to FOOTBALL ITALIA. Reports said that club President Erick Thohir was "looking to sell" 20% of the club’s shares to Chinese investors, 6% of which belonged to Moratti. Moratti denied that he is selling any of his stake in the club but underlined that "it’s right to seize these opportunities." He said, "Selling my shares? No, absolutely not. From my part there’s no intention to sell. ... In the future we will see, but for now there’s no movement" (FOOTBALL ITALIA, 4/4). FOOTBALL ITALIA reported in a separate piece Thohir has reportedly "had a proposal to take over" EPL club West Bromwich Albion turned down. Corriere dello Sport reported Thohir wants to own a Premier League club and "has already presented an offer to the Baggies." The first proposal "was turned down but the report says Thohir wants to enter the league due to its lucrative TV rights deals and could return to make another bid." Corriere writes that 20% of the club’s shares "could be sold for a fee" of between €70M ($80M) and €100M ($114M) (FOOTBALL ITALIA, 4/4).
