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China's Suning Group Reportedly Close To 20% Stake In Inter Milan

Chinese Suning Group investors will reportedly "be able to buy" 20% of Serie A side Inter Milan, according to FOOTBALL ITALIA. The club is negotiating with foreign business partners "with a view to selling some of the club's shares." Prevailing reports suggest its partners "could be the Suning Group from China." According to the Gazzetta dello Sport, Suning is "about to receive permission from the Beijing government to invest capital abroad, which would open to an investment in the Italian football club." The group would buy 14% of the club's shares "from President Erick Thohir, and another 6 percent from former President Massimo Moratti, for a total of one fifth of the club's assets" (FOOTBALL ITALIA, 4/10).

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