Tuesday June 28 2016
Official: Inter complete baton pass

Inter have officially ratified the sale of the club to the new Chinese ownership and nominated their new board of directors.

The Nerazzurri sold their shares to the business group Suning earlier in June, but the board of directors remained temporarily the same, including president Erick Thohir.

In a long-anticipated meeting of the board today, the club has ratified the sale and passed the ownership to Zhang Jindgon. Thohir is still the nominal president, and he was the one who addressed the Press after the meeting.

“Three weeks ago we were Suning's guests in Nanjing to announce they'd purchased Inter's shares,” said the Indonesian magnate. “The meeting of the share-holders confirmed the club's purchase for 68.55 per cent of the shares.

“I'm honoured to confirm that I am still Inter's president, and that I hold 31 per cent of the club's shares. This is the beginning of a great cooperation between ourselves and Suning.

“The plans of the Chinese group are important, as is our club and our brand, and we're honoured that they decided to help our team develop.”

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