The Suning Commerce Group

[CafeCordoba]

That would be something indeed.

And I'm not defending our current owners one bit. But at least they are in it basically for the money and initially for the exposure to Western markets. It's more transparent than those disgusting reporter killers (and no, Suning is directly related to Chinese state atrocities compared to Saudi sovereign fund to theirs).

 

[DARi0]

Inter sale: Saudi Arabia's Public Investment Fund interested as new bid revealed

According to reports in Italy, the Public Investment Fund of Saudi Arabia has shown interest in Inter, while Fortress Investment Group has already placed a bid to buy the club from Suning.

Suning is looking for "suitable partners” for Inter and according to reports in Italy, the Zhang family is ready to sell a minority or majority stake in the club.

The British fund BC Partners has been the first to show interest in acquiring a majority share in Inter, but the two parties have not yet reached an agreement as Suning values the club at €1 billion.

According to Il Sole 24 Ore, however, there are new funds willing to discuss a possible acquisition of the club.

The economic paper reports, Fortress, an American investment management firm, has made a preliminary bid to acquire a majority stake in the club.

“The offer is partly equity and partly financing and would also be aimed at refinancing the existing debt,” the paper reports.

As per La Gazzetta dello Sport, Saudi Arabia’s Prince Mohammad bin Salman is also interested in Inter and would be open to acquire a minority stake in the club through the Saudi Public Investment Fund. :datass:

> I hope Zhang only sells minority stake

 

[K.I.]

That would be something indeed.

And I'm not defending our current owners one bit. But at least they are in it basically for the money and initially for the exposure to Western markets. It's more transparent than those disgusting reporter killers (and no, Suning is directly related to Chinese state atrocities compared to Saudi sovereign fund to theirs).

Interesting

 

[javier_zanetti <3]

Suning is partly a state owned company so...

 

[cloudq]

Saudis?

I honestly threw up in my mouth a little

 

[Ronaldo]

Yea, fuck that shit. We shouldn't be associated with the Saudi government.

 

[brehme1989]

The moment we got Chinese owners, we "sold out", so I don't think there's much bearing or relevance to the amount of selling out.

One sell out brought us gobbi in the club, which for me is far worse than being associated with things outside of football and I've no intention of politicizing club ownership as long as it does not interfere by advantaging or disadvantaging our position in Serie A or Europe. Ie having an owner that controls Italy economically with threats or an owner that is also the prime minister of the country the club is based at feels more dodgy than having some Arab or Chinese pump money for the sake of it. This is oil money anyway, it's not drug trafficking or worse which would be despicable.

If you don't want to associate Inter with governments that indirectly fund the club by ownership, then just don't. It's the fund that is associated with them, not the club. I don't see that many talking about the Chinese government and the bad rep they have for some things, just because Suning is a "private company".


And no, I'm not a huge fan of this, but I honestly am at a position where I don't really care anymore. Unless UEFA and the European Union do something to fix football, we either have to become part of the system or whine about not being able to put out a fair fight. I prefer the good fight, but apparently in practice not that many are in favor despite their opposition in theory.

 

[Linege]

inter was sold like a fish by moratti, since then i dont give a flying f

give me some rich, money pumping owner, saudis? ok

chelsea, psg or city are the same

 

[delaurentis]

With all these investment groups, the lack of competitivity.... I'am becoming more and more detached from football.
It is what it is,

 

[Il Drago]

Inter sale: Saudi Arabia's Public Investment Fund interested as new bid revealed

According to reports in Italy, the Public Investment Fund of Saudi Arabia has shown interest in Inter, while Fortress Investment Group has already placed a bid to buy the club from Suning.

Suning is looking for "suitable partners” for Inter and according to reports in Italy, the Zhang family is ready to sell a minority or majority stake in the club.

The British fund BC Partners has been the first to show interest in acquiring a majority share in Inter, but the two parties have not yet reached an agreement as Suning values the club at €1 billion.

According to Il Sole 24 Ore, however, there are new funds willing to discuss a possible acquisition of the club.

The economic paper reports, Fortress, an American investment management firm, has made a preliminary bid to acquire a majority stake in the club.

“The offer is partly equity and partly financing and would also be aimed at refinancing the existing debt,” the paper reports.

As per La Gazzetta dello Sport, Saudi Arabia’s Prince Mohammad bin Salman is also interested in Inter and would be open to acquire a minority stake in the club through the Saudi Public Investment Fund. :datass:

> I hope Zhang only sells minority stake

Same. Out of the 3 options i would certainly prefer the hybrid model with Fortress. Saudis are an absolute no for me. Even if you turn a blind eye on everything else, we're talking about a state that was rumoured to fund terrorist organizations. Winning ISN'T the only thing that matters. I also have a bad feeling about BhenChod partners. I hope i am wrong.

 

[Pimpin]

One sell out brought us gobbi in the club, which for me is far worse than being associated with things outside of football

My guy hates Juventus execs more than totalitarian regimes

 

[CafeCordoba]

The moment we got Chinese owners, we "sold out", so I don't think there's much bearing or relevance to the amount of selling out.

One sell out brought us gobbi in the club, which for me is far worse than being associated with things outside of football and I've no intention of politicizing club ownership as long as it does not interfere by advantaging or disadvantaging our position in Serie A or Europe. Ie having an owner that controls Italy economically with threats or an owner that is also the prime minister of the country the club is based at feels more dodgy than having some Arab or Chinese pump money for the sake of it. This is oil money anyway, it's not drug trafficking or worse which would be despicable.

If you don't want to associate Inter with governments that indirectly fund the club by ownership, then just don't. It's the fund that is associated with them, not the club. I don't see that many talking about the Chinese government and the bad rep they have for some things, just because Suning is a "private company".


And no, I'm not a huge fan of this, but I honestly am at a position where I don't really care anymore. Unless UEFA and the European Union do something to fix football, we either have to become part of the system or whine about not being able to put out a fair fight. I prefer the good fight, but apparently in practice not that many are in favor despite their opposition in theory.

Suning owning Inter does not mean Chinese state and CCP are sportswashing Chinese state for the world. They tried to penetrate Western markets with this move. And Suning was in it for the money (exposure) in long term.

Saudi sovereign fund is controlled by the state and the fund buying football club has only one purpose: sportswashing.

And like I said earlier, I'm not defending the Chinese ownership. It already feels bad now that Inter has any connection to China. And if Chinese state fund would buy/own Inter, it'd be as repulsive as the Saudi one because the purpose of it would be the same.

But, I already run a scenario in my head that if the Saudi thing went through, how would I have to react. Obviously the answer would eventually be that I would just have to shut it down from my mind because I care about Inter and the football too much to drop that out. I just wouldn't like the situation at all.

 

[brehme1989]

Every chinese company is "the state fund".

 

[Il Drago]

Both La Repubblica and Sky have confirmed the interest of Saudi Arabia fund for the club.

 

[Pimpin]

Both La Repubblica and Sky have confirmed the interest of Saudi Arabia fund for the club.

---Mbappe------Lukaku------

-------Messi


--Davies--Barella---De Bruyne----Kimmich

-------------eriksen

--Bastoni------DeVrij-----Skriniar


-------Oblak

 

[SiamoNoi]

With all these investment groups, the lack of competitivity.... I'am becoming more and more detached from football.
It is what it is,

Yeah,better to have Moratti and be big black hole once again.

 

[brehme1989]

---Mbappe------Lukaku------

-------Messi


--Davies--Barella---De Bruyne----Kimmich

-------------eriksen

--Bastoni------DeVrij-----Skriniar


-------Oblak

Cannot field 12 players. It's the Saudis, not Agnelli.

 

[crzdcolombian]

Every chinese company is "the state fund".

So are American companies.... what is your point

I don’t care who owns us. We really never notice at all. Do you really want a d bag owner at all the games yelling at players

 

[TheNetworkZ]

Yeah I'm not a fan of the club I love so much being Saudi-owned. To a minority it may sound like we would become the next Man City or PSG in terms of spending but I'd just rather not get tangled in any Saudi affairs. Its already bad enough the club is being cucked by the Chinese government.

Sent from my SM-G973W using Tapatalk

 

[Il Drago]

Ben Jacobs:

The Gazzetta.it story is correct. PIF have explored a minority stake in #InterMilan. Told Yasir Al Rumayyan involved in talks. Up to 30% investment discussed which, based on Suning's highest valuation would be €300m (260m). Nothing agreed but may give Suning an out not to sell.

I am told PIF don't want to buy Inter outright, contrary to the approach of BC Partners & Fortress. A halfway approach might be to partner with Fortress, who did toy with a joint bid alongside UAE's Mubadala Investment Company in February. But nothing came of this in the end.

Conflicting reports as to whether BC Partners are still the frontrunners or talks have fallen through in a reported €800m deal. Told Suning would still prefer to find a way not to sell the club, hence the appeal of PIF. But all early stages unlike talks with BC Partners.

This is another complicated investment (should it materialise) for PIF. They know appeal of Italian football from hosting two Super Cups. & beIN has not rebid for Serie A rights. But Serie A will surely have beoutQ concerns. After all Serie A rights were stolen, too.

The only difference between Serie A & EPL is Serie A, during the height of beoutQ, put commercial gain above piracy and still brought the Italian Super Cup to Saudi, much to the dismay of beIN. That's partly why beIN haven't rebid for Serie A & financially this move backfired.

Serie A refunded beIN 120m after conceding Saudi piracy made MENA rights de-facto non-exclusive. Whereas they only got 18m from Saudi for Super Cup. But it'd be plausible Saudi bids for Serie A rights if (still a big if) they invest in Inter & that'd be lucrative for Serie A.

At this stage all that's clear is PIF have engaged with Suning, & with a very different investment model to other suitors. Told this doesn't end their interest in #NUFC, but it obviously shows they are actively looking elsewhere. They are opportunistic & Inter is available.

https://twitter.com/JacobsBen/status/1367123882952585219

No idea about this guy's reliability but i thought it was worth posting.