Serie A club Internazionale have announced the sale of a controlling stake in the club to Chinese retail giants Suning Commerce Group Co. Ltd, and the club’s fans are hoping that it could provide their team with a much needed financial boost.

 

Inter Milan have fallen hard and fast from the heady heights of their treble winning 2009-10 season, and the Nerazzuri have now failed to qualify for the Champions League for the fourth year in a row.

However, the investment by Suning could be a huge boost to the club’s ambitions, with the Chinese retail giants purchasing a 69% stake in the club for an overall price of €750m.

“Suning will inject a steady stream of capital investment in Inter Milan, which will help attract more talented players,” said chairman Zhang Jindong, according to BBC.

The Internazionale faithful reacted on Twitter as the news was met with a sense of optimism.


Leave a Reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Recommended

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.