The Suning Commerce Group

brehme1989

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I just don't believe there is any investors, there isn't even any rumors about that. In any case they are the owners so they are in charge of the valuation of course and ultimately the selling decision, but I have a feeling that people are just asking sunning to "sell" from time to time becuase of a negative sporting period. It seems that some people in reality want Sunning to "give away" the club, which is really something absurd to expect and then be angry about, I mean why would anyone expect them to give the club for free or for a loss after investing so much without any return for all these years? That shit just just doesn't register for me.
Asking for 1bn and not finding an investor is one thing.
Asking to hand out the club for free is another, and no one said it's what needs to be done.

At the moment, Suning doesn't want to sell the club because they sold Suning shares for 2bn. They wanted to sell Inter for 1bn before that, now they're sticking around but with no intention of getting the club where it should be headed.
You fear American owners because they'll be asset stripping? Well, Suning is doing that already...

Problem is that Suning hasn't decided if they wanna stay for the long run or not. At the time, they just want to have one part of their portfolio see its debt reduced, regardless of how that comes in place.

We need an owner that cares. At the moment only the management shows some care but their hands are tied by bad and absent owners that don't communicate their intentions in time.

For example they were pissed at the Hakimi transfer because they decided to update the management of their summer intentions in August rather than in May/June... We're freezing contract agreements in December and January because they wanted to discuss shit after the Liverpool game...

The club cannot go forward this way. Even Italian bureaucracy finds this micromanagement intervention annoying.
 

magnesium

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As long Suning here, Marotta the only pillar we have.

Calhanoglu free, Dumfries 15m, Gosens 22m...

This three already one of the best their positions and we only get them for 37m :yao:

Without Marotta we will come to Spalletti era instead compete Scudetto :sneaky:
 

WLEXT

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>> Pinamonti
Asking for 1bn and not finding an investor is one thing.
I don't believe this rumor.

At the moment, Suning doesn't want to sell the club because they sold Suning shares for 2bn. They wanted to sell Inter for 1bn before that, now they're sticking around but with no intention of getting the club where it should be headed.
You fear American owners because they'll be asset stripping? Well, Suning is doing that already...
I don't know about this really, I feel like they are trying to reduce cost because it became impossible to increase revenue especially when covid happened. It's something that I agree with and I don't know if there is another option. I don't fear or mind American owners, even though not a single one enjoyed sporting success in Italy unlike Sunning, my real fear is that this league will never improve with the dinosaurs in charge of it, I don't know how we will increase our revenue playing under this league, we still haven't been allowed to build our own stadium.

Problem is that Suning hasn't decided if they wanna stay for the long run or not. At the time, they just want to have one part of their portfolio see its debt reduced, regardless of how that comes in place.

We need an owner that cares. At the moment only the management shows some care but their hands are tied by bad and absent owners that don't communicate their intentions in time.

For example they were pissed at the Hakimi transfer because they decided to update the management of their summer intentions in August rather than in May/June... We're freezing contract agreements in December and January because they wanted to discuss shit after the Liverpool game...

The club cannot go forward this way. Even Italian bureaucracy finds this micromanagement intervention annoying.
I can see some of this stuff you are saying being true and I agree that some things felt delayed like the contract renewals you mentioned, in my opinion Sunning should improve in this regard no doubt, I don't know if covid affected Zhang's stay in Italy, but there is room for improvement here, they should keep someone in Italy or delegate to Marotta, I'm still satisfied with their performance last year, I hope our managment are satisfied with Zhang and renew soon.
 
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Candreva Crosses

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Asking for 1bn and not finding an investor is one thing.
Asking to hand out the club for free is another, and no one said it's what needs to be done.

At the moment, Suning doesn't want to sell the club because they sold Suning shares for 2bn. They wanted to sell Inter for 1bn before that, now they're sticking around but with no intention of getting the club where it should be headed.
You fear American owners because they'll be asset stripping? Well, Suning is doing that already...

Problem is that Suning hasn't decided if they wanna stay for the long run or not. At the time, they just want to have one part of their portfolio see its debt reduced, regardless of how that comes in place.

We need an owner that cares. At the moment only the management shows some care but their hands are tied by bad and absent owners that don't communicate their intentions in time.

For example they were pissed at the Hakimi transfer because they decided to update the management of their summer intentions in August rather than in May/June... We're freezing contract agreements in December and January because they wanted to discuss shit after the Liverpool game...

The club cannot go forward this way. Even Italian bureaucracy finds this micromanagement intervention annoying.
You're telling me Suning is fucking us over? Thanks, now I don't feel alone anymore.
 

Il Drago

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Inter Corporate CEO Alessandro Antonello On Suning Selling Club: “No, No, No, Suning Committed To Long-Term Investment”​

Inter Corporate CEO Alessandro Antonello has reiterated that Nerazzurri owners Suning are not interested in selling the club, although they are interested in minority investors.

Speaking to media outlet Financial Times, the executive stressed that the current owners have no interest in selling the Nerazzurri despite rumours of a sale to the Saudi sovereign investment fund.

The Nerazzurri’s debt and liquidity issues as well as the issues at the parent company Suning.com since the beginning of the pandemic have made the operation of the Nerazzurri difficult for the current owners and led to speculation that they could sell their controlling share.

However, Antonello made very clear that the Chinese company continue to have a vision for the club and that they are seeking minority investment as well as new revenue sources and infrastructural improvements as ways to stabilize their ownership.

“No, no, no,” Antonello responded when asked if Suning were considering the possibility of an outright sale. “The shareholder [Suning] is committed to long-term investment in the club.”

Antonello and the club did not comment on whether there have been talks with the PIF, but according to the Financial Times a source close to the club denied any contact.

The Nerazzurri executive also noted that one of the main thing that Inter as well as other Italian clubs must do is keep up with the English Premier League, whose broadcast revenues are set to climb to £10.4 billion during the 2022-25 cycle from £9.2 billion.

“We need to be stimulated by the improvement of the Premier League in order to work very hard and to recover the gap,” Antonello emphasized.

The CEO also spoke of “competitive balance” being necessary in the game to keep fans interested, which the Financial Times took to be a reference to the failed Super League project from last April.

Given that revenues among Serie A clubs have fallen more sharply than revenues of clubs in other European leagues, the necessity for structural improvements to the earning power of Italian clubs appears clear.

As the Financial Times note, talks with external investors such private equity firms CVC Capital Partners and Advent International, as well as Italian investment group Fondo FSI, failed to come to anything, with CVC eventually turning to invest in La Liga instead.

Antonello was keen to stress that this kind of external investment is “not the only way” for Italian clubs to reverse their downturn in fortunes.

“It could be private equity, it could be something different,” he explained, “but what’s most important is to have someone supporting us in a new governance and creating value-added for Serie A in the future.”

The Nerazzurri as well as city rivals AC Milan are continuing to press on with their plans to build a new stadium to take the place of the San Siro in Milan, a key component to securing their financial futures.

Meanwhile, despite absolute denials that a sale to the PIF or any other buyer is on the cards, the club are also looking for minority investors to inject capital into the club.

Ultimately, Corporate CEO Antonello stressed that the current owners are fully committed to the Nerazzurri for the future, even though there are many difficulties that they must navigate.
 

bubba zanetti

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What investment? Selling our best players and gettin ol trash for free?
 

Solfice

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Zhang being in the stadium gives me Thorir vibes.
 

Master Inter

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I just want to say "Fuck you sunning"
I wish they sell inter asap to pif or any rich investor.

even though we won scudetto last season we still have big problem with squad depth.
But They can't keep or improve winning team, instead they prefer dragging inter to this disaster.
 

bubba zanetti

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They will invest in Inter in long term.LOL
 

Universe

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I've said this before but I don't doubt that Suning genuinely want to be in it long term.

Their goal is to downsize and remain "operational" with a skeleton crew and bare bones budget, until they and the club can slowly return towards financial health. Eventually, the aim is to become financially self-sustainable in the meantime.

Obviously the problem is that the team will not be competitive in that duration. Given the lack of movement on the stadium, the increasing debts, and lack of improvement in their financial circumstances, such an outcome is ludicrously unrealistic within any reasonable time frame.

I am not willing to wait 5, 10, 20 years for Suning to get themselves out of debt for my team to finally be able to buy good players. And there's ZERO indication that the deeper financial issues could realistically be resolved within 5 years. The debt, Inter's and Suning's, is simply too catastrophic.
 

CafeCordoba

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At least he was watching there in the stadium that shit show next to Marotta. Hopefully they changed a few words.
 

interman

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What I don't understand is why Marotta stays if there is no project, only for his salary? he doesn't care? he likes to sell players and buy cheap?
 

.h.

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probably because Marotta can see the vision to execute on the longer term?
 

Corrode

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Marotta x long term vision isnt exist. He works for short terms only. His scouting players range also too limit on Italy only. Thats why we see Caicedo, Kolarov, Dzeko, Sanchez etc.
 

.h.

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Wtf, he rejected a 900m offer? What the fuck is going on here. Are they waiting tk get the stadium built then sell for way more? Or has Suning got money again?
Honestly don't believe it for a second, look at the spate of PIF rumours before Christmas.
 
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