Suning.

Report: Suning to buy 70% of Inter

Reports are spreading rapidly that Suning Group will buy 60-70 per cent of Inter stock and value the club at €700m.

The news emerged earlier today in La Stampa that the Chinese investors were looking not to take up a 20 per cent minority stake in the club, but the majority instead.

Sky Sport Italia and multiple other sources now claim Suning have agreed to buy somewhere between 60 and 70 per cent of the Nerazzurrri.

The value of the entire club is expected to be between €600m and €700m.

That is double what the side was worth when Indonesian investor Erick Thohir bought into the club just over two years ago.

Former patron Massimo Moratti would sell all of his 30 per cent stock, leaving current President Thohir as Honorary President with a remaining 40-30 per cent of the club.

http://www.football-italia.net/85193/report-suning-buy-70-inter

It's a done dealio at this point, Thohir confirmed it. Not sure how to judge the Thohir era, it was certainly a big improvement to the last few years of Moratti, but for 3 years we failed to reach the CL and that was always the objective. New owners will not be able to spend much this season due to FFP, but 2 year loan deals with obligation to by will do

Tomorrow the news conference will held in Suning hotel



(image reported by an Interista Chinese from Jiangsu https://twitter.com/magicrvn/media )

Shit just got real! Only thing I wish for before the year ends is concrete plans for a f'cking new stadium. It's just not possible to compete at the highest level without one. If there's one thing I envy Juve, it's there long term planning and how they always stay ahead in Calcio.