Menu
Franchises

Indonesian Erick Thohir 'Edges Closer' To Taking Controlling Interest In Inter Milan

Serie A side Inter Milan "is edging closer" to a deal with businessman Erick Thohir that would see the Indonesian tycoon "acquire a majority share in the Serie A giants," according to the AFP. Thohir "has been linked with a takeover of the Italian club since last season." Inter President Massimo Moratti and Thohir met twice, in May and June, but "failed to reach agreement." However, reports in La Gazzetta dello Sport newspaper on Thursday said that the pair "had held talks in Paris this week" and had made "significant progress" toward signing a deal that would see Thohir acquire a majority 70% stake. Moratti, "who made his fortune in the oil industry," and Thohir were not quoted in the report (AFP, 9/19). REUTERS' Massimo Gaia reported Moratti said on Thursday that "no binding agreement had yet been reached to sell a stake" in the club. Italian media have said that Thohir might be willing to pay up to €350M ($474M) for 75% of the cash-strapped Serie A club. Moratti said, "No, absolutely not." He said that "another month of talks would be needed." Moratti: "There are no major problems to reach an eventual agreement." Moratti "does not expect to remain at the club as chairman after the deal." He said, "I don't know. With this situation... no, I don't think so" (REUTERS, 9/19).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/09/20/Franchises/Inter-Milan.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/09/20/Franchises/Inter-Milan.aspx

CLOSE