NEWS
Friday February 26 2021
Official: Suning looking for ‘suitable Inter partners’

Suning has confirmed the support of Inter with or without additional external help, but adds ‘it is also sensible and prudent to look outside.’

Inter Media and Communication Spa, the sole manager and operator of the media, broadcast and sponsorship business of Inter released the financial report for the first six months of 2020-21.

Suning has confirmed they are looking for partners that can help the group support Inter.

“As part of ongoing capital structure and liquidity management, the business and our ownership are in talks to provide a number of solutions in this respect,” the statement reads.

“Whilst Suning have confirmed their commitment to the ongoing financial support of the club with or without additional external support, it is also sensible and prudent to look outside.

“With that in mind Suning appointed key advisers in Asia to work with them to find suitable partners, be that with an injection of equity capital or otherwise. Talks with key potential partners in this respect remain ongoing.”