Hong Kong-based firm LionRock Capital and not Alibaba’s Jack Ma will reportedly buy Erick Thohir’s 31.05 percent stake in Inter.
Ma was first thought to be joining forces with Suning Group, but Gazzetta dello Sport claims Thohir is ‘about’ to hand over his shares to LionRock.
The newspaper explains the fund is already planning to help Inter build their new stadium, for which there could be ‘important developments’ as early as February.
LionRock was founded in 2011 by Daniel Kar Keung Tseung, a Chinese-American businessman who has 25 years of business experience in China and Southeast Asia.
La Gazzetta concludes it could pay ‘a figure very close to €150m’ for the Indonesian’s stake in the Nerazzurri.