The Chinese delegation from the Suning Group landed in Milan to meet Inter, with a sale deal apparently very nearly reached.
President Erick Thohir is attempting to find some new liquidity to face the club's considerable debts. The cash influx resulting from qualification to the Champions League looks increasingly out of the club's reach, so a sale of the club's shares is being considered.
The Chinese delegation from the Suning Group landed in Milan to meet Inter, with a sale deal apparently very nearly reached.
President Erick Thohir is attempting to find some new liquidity to face the club's considerable debts. The cash influx resulting from qualification to the Champions League looks increasingly out of the club's reach, so a sale of the club's shares is being considered.
According to the Corriere dello Sport, a Chinese delegation has now landed in Milan and are running a due diligence in Inter's accounts to verify whether an investment would be financially viable.
Apparently Thohir is willing to sell up to 20 per cent of the club's shares, provided that former President Massimo Moratti is happy to give up some of his shares too as part of the sale.
Moratti currently owns 29.5 per cent of Inter, which would make him the new majority holder if he kept all of his shares and Thohir sold from his own stock alone. This would result in the Italian's dramatic return as the club's President, but this is not a likely option as Thohir will not go through with the sale if it means losing control of the club, either to Moratti or to Suning.
The Chinese delegation currently includes about 10 people, mostly managers and accountants.
A deal has apparently already been drafted and may be signed in the near future, bringing an estimated €50-€60m in the Nerazzurri's accounts.