Friday January 25 2019
OFFICIAL: Thohir sells Inter stake

Inter have announced that Erick Thohir has sold his 31.05 percent share in the club to Hong Kong-based fund LionRock Capital.

A statement on Inter’s official website read: “FC Internazionale Milano S.p.A announces that LionRock Capital has reached an agreement with International Sports Capital HK Limited to acquire their 31.05% shares in the Club. Thus, LionRock Capital becomes the new minority shareholder in Inter.

“The Club welcomes LionRock Capital to the Inter family and expects them to assist and support Suning in bringing further success to Inter both on and off the pitch. The Club extends its appreciation to Erick Thohir for his past contributions and wishes him every success in the future.”

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.

Keung Tseung said: “We are very optimistic about the business development prospects of all sports-related activities and with over 110 years of history and global influence in the football area, FC Internazionale Milano has exciting future development potential.

“LionRock Capital will fully support Inter’s key objective to make the Club one of the world’s top football clubs both on and off the pitch.”

The deal ends Thohir’s five-and-a-half-year association with the Nerazzurri, the Indonesian having already sold a majority stake to Suning Group in 2016.

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