The Suning Commerce Group

CafeCordoba

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How is it calculated that Juve owners have injected 400m when they injected more than that in last year.
 

Forzanerazzurri

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What have Suning done to make this asset worth $1B? They've managed to ruin our commercial revenues (again) after an initial positive run. They haven't made any progress on constructing a stadium. The thing investors care about - reliable, recurring revenue streams - don't exist.

Just because they poorly spent close to a billion dollars doesn't mean they deserve sympathy. It was their own doing.
Didnt they pour a ton of money in the HQ, training grounds, marketing, transfer budget etc?

That sum isn't from Moratti or Thohir. Moratti didn't spend a dime on this club post Treble and Thohir was, well, Thohir. I mean im not a fan of Suning either but to act like they havent invested in this club is disingenuous.
 

ADRossi

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Didnt they pour a ton of money in the HQ, training grounds, marketing, transfer budget etc?

That sum isn't from Moratti or Thohir. Moratti didn't spend a dime on this club post Treble and Thohir was, well, Thohir. I mean im not a fan of Suning either but to act like they havent invested in this club is disingenuous.
I'm not arguing they haven't invested. I'm arguing that they haven't invested wisely.
 

CafeCordoba

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Yeah, they've poured in all those hundreds of millions and the end result is what we see now.

Part reason is they are Chinese, they can't get fucking proper sponsorships, trying to make some shady deals in Asia and miss half of those money in the end. Now we are not getting any money from our main shirt sponsor but we need to use the shirts with their name on them because we don't have kits without the name, well fucking played. :D
 

StefanNedelchev

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Could you please stop be so negative?? Lets hope the deal will happen.. i cant stand these chinese fucks anymore.
 

compile

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Suning purchased 70% of the club for €275m + took on iirc 40% of debt. They invested in training facilities (renovating the building, pitches etc). The purchased terrible players (Mario, Kondo, Gabigol). They then proceeded to use Inter as an asset to take a €275m loan from Oaktree (which is most likely included in that chart). Suning have not injected almost €1BN on Inter. They are taking all loans etc into account, but Suning Holding hasn't injected more than €500m.

They cannot inject their own money into the club as they are restricted by the CCP in doing so. The loan to Inter is from Great Horizon Sarl, which is a company they set up in Luxembourg. They set up this company to funnel their money out of China most likely. Zhang has no money. LionRock Capital can force Suning to re-purchase their 31% stake at any given time now (they had a 4-5 year agreement where they wouldn't iirc), and Suning have no choice but to take another loan to pay that off.

Until Suning/Zhang are gone our financal problems will get worse. Milan was just purchased by the 2 biggest MLB teams (Red Sox/Yankees), their owners are ripe with money.

For 2021-2022, we made a profit of €161.05m in transfers. €197.05m total - €36m in purchases. Yet we still need to come up with €60m by next summer...
 
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William

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Could you please stop be so negative?? Lets hope the deal will happen.. i cant stand these chinese fucks anymore.
Hey, don’t be anti negative… 🤣😂

This world needs the balance from negative gits like me 😈
 

Adriano@10

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I don't believe in this rumour and also I wish we went a different route.
I agree but sadly i dont think we have much of a choice... Dont think there are multiple routes open to us and suning is gonna take who ever offers the most money.
 
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