La Repubblica points to the Chinese government’s ruling on football as the reason why Suning decides to sell Inter shares, now the new stadium risks being postponed.

The Chinese government’s interest in the world of football as an investment for Chinese companies has waned and Suning are forced to adapt, according to La Repubblica.

Suning must now comply with the provisions coming from Beijing and the impact of the coronavirus pandemic has affected their position.

La Repubblica points to the Chinese government’s ruling on football as the reason why Suning decides to sell Inter shares, now the new stadium risks being postponed.

The Chinese government’s interest in the world of football as an investment for Chinese companies has waned and Suning are forced to adapt, according to La Repubblica.

Suning must now comply with the provisions coming from Beijing and the impact of the coronavirus pandemic has affected their position.

Seven years ago, the Chinese government encouraged businesses to invest in football, but now consider them ‘limited access’ and Financial Times reports they are labelled ‘opaque elite policies, between corporate adventurism and real search for gain’.

La Repubblica reports Suning are in debt after the pandemic too and are thus looking to sell a stake in Inter, also because football has become ‘superfluous to support growth in China’.

With negotiations for the sale of shares in the Nerazzurri, the newspaper reveals the project of the new San Siro risks being postponed.

The report writes the ‘prospect that Suning Holdings Group will not be in control could delay the project of the new San Siro, an investment of €600m’.

Mayor Beppe Sala reportedly waits to understand who the next owner of the club will be.

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