The Suning Commerce Group

Capo

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Unsure if anyone is posting links;





 

Irequis

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In my opinion, Middle East financial group is the best football club owner compared to other regions. I am not talking about money only, but also about ambition and roadmap. They know either if the club should go big instantly (see City and PSG) or grow gradually (see Newcastle with their players and manager choice).
Other options are:
  1. Italian: Enough with the lunacy. De Laurentis, Gaucci, Ferrerro etc the list about insane heads are endless and somehow being Italian is the common denominator.
  2. US: Must avoid. Almost everything they touch turn into shit for they understand nothing about football. MU become a cashcow for Glazer, Kroenke destabilized Arsenal instantly, Boehly is playing real life FM now, Pallotta ran Roma onto ground, only FSG seems okay but I can't remember any other decent US-owned club.
  3. East Asians: Really depends on who is the owner. A scumbag like Peter Lim and Li Yonghong should be hindered. Suning used to be good. They had ambition, they had money, and they manage us well. Too bad they are restricted by their emperor's policy it is time to part ways.
When we consider the available suitors and their reputation, PIF should be considered the best option.
 

bubba zanetti

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"Speaking to the Twitch stream of Italian news outlet Calciomercato.it, as reported by FCInter1908, Bellinazzo also predicted that Saudi sovereign wealth fund the PIF would be unlikely to purchase Inter due to the conflict of owning two clubs in the Champions League, considering their ambitions for Newcastle United.

Suning could very well sell Inter at some point in the relatively near future, with the mounting financial pressure faced by their ownership widely known and reports continuing to emerge that they are looking for buyers for the right price.
There is still a lot of uncertainty around when and how a sale would take place, as well as the identity of any potential buyer for the club, but Bellinazzo believes that it will happen sooner or later and provided some analysis on the matter.

He explained, “There’s a situation that’s ongoing, that of Chinese investments in European football, and it’s come to an end. Inter are relying on self-financing, but that’s not a viable path for the long term, the idea of a sale has been on the table for a long time.”

“There is still a very high valuation,” he noted, “with the sale of Milan acting as a benchmark.”

And regarding the possibility of the PIF purchasing Inter, he said that “I’ve always been skeptical about a legal question, considering that this is the same party that already bought Newcastle United. They would have two clubs and could not have both in the Champions League.

With Inter struggling to get going this season, it perhaps isn’t a surprise to see PIF linked with a change of ownership again.

It won’t surprise Newcastle United fans to hear that PIF are at the centre of it all once again, with rumours suggesting the new owners at St James’ Park are keen to diversify their assets further by investing into another club.

This has been covered in Italy, where, once again, there are many conflicting reports on the matter, with some saying the deal is already done, while others believe there is no interest.

While this doesn’t affect Newcastle directly, it’s clear that their owners picking up a new club could lead to less money being given to the Magpies on the transfer market, as PIF try to improve two teams instead of one.

Either way, FC Inter News, who have been adamant for some time now that there are no talks regarding a sale of the Serie A side, continue their stance on Friday.

Following rumours that Inter could be sold for €1.2bn, they state that, according to their information, ‘there is no official request, no due diligence’, nothing.

In fact, they’ve learned that the Newcastle owners, after already buying the Premier League side, are ‘not interested in investing in football again’, and already rejected the idea of going for an Italian side because ‘it was less advantageous from an economic point of view’.

That is a stark contrast to what others in Italy are saying, with both Fabrizio Biasin and Elio Corno believing that the current owners, Suning, want to sell.

The former of the two, relayed by Area Napoli, said: “The Zhang family have given a mandate to Goldman Sachs for the sale of Inter. Request €1.2bn. This doesn’t mean that buyers will arrive tomorrow, but it’s true that the process is triggered.”

As for Corno, he goes one step further, speaking to Telelombardia: “I learned that the Nerazzurri club was sold for €1bn. It’s all done. The operation will be made official during the break for the World Cup in Qatar. It’s a very large financial operation, there are enormous amounts at stake.

“Everyone knows this, but no official information has yet been given on the negotiation, which in fact has already concluded. The Chinese hand over to PIF, the new owners who have also bought Newcastle. It’s all done and confirmed. Inter are in the hands of new owners.”

Only time will tell if this is true or not, but Corno is putting his neck on the line here, that’s for sure."
 

DiegoMilito22

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According to Carlo Festa (Il Sole 24 Ore), American investors are more likely to invest right now. PIF are no longer interested in investing in Italy.
 

bubba zanetti

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According to Carlo Festa (Il Sole 24 Ore), American investors are more likely to invest right now. PIF are no longer interested in investing in Italy.
Americans suck. Hope there is some middle east despot that is also football fanatic out there😏
 

.h.

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Been saying this since PIF bought Newcastle. There's no way they buy a "top club" otherwise they are consigning Newcastle to be their second choice/almost feeder club. The rewards in England are far higher than Italy. Even City don't have a good tier second choice club. Red bull are the only people who come close to it.
 

.h.

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How's he gonna buy Inter for 1.2 billion, he hasnt that money.

Leveraged buy out, he takes on debt, milks inter. Same as United.

Suddenly Suning doesn't seem so bad eh?
 

Stefan

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There are a lot more opportunities in England than there are in Italy. So many I don't need to go over them I hope. There are also potential issues with UEFA should both clubs make Champions League, and I'm sure that's the level PIF want Newcastle to be at.

They currently need to go in rather hard at Newcastle and would need to do the same here too. I know they have basically unlimited money but I can't see them doing that for 2 clubs, nor can I see UEFA being fine with that.

PIF are very unlikely to make a move for this club any time soon imo. Newcastle is their project. Whoever buys this shithole from Suning is going to be someone who enforces strict rules regarding our financials so they can sell the club for profit years down the road. We're going to go through what Milan just did.
Red bull has 2 clubs...
 

Il Drago

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My question about their evaluation is what happens with the debt to Oaktree? Who's paying it?
 

.h.

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My question about their evaluation is what happens with the debt to Oaktree? Who's paying it?
It'll depend - if the price excludes debt (e.g. Zhang take on the debt), then they'll use the money to repay it early. If the debts come with the club, then the new owners will pay it according to existing schedule.

Itll probably depend by the debt too - e.g. our bonds are on a fixed schedule
 

bubba zanetti

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Leveraged buy out, he takes on debt, milks inter. Same as United.

Suddenly Suning doesn't seem so bad eh?
How many cents Stevie puts in your pocket? Just joking, we know he cant💩
 

.h.

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My point is simply that reality has a way of doing away of our dreams of new owners.

You're all hoping for a PIF, Qatar Investments fund, or whatever - reality is probably we get some businessman who injects a little bit of cash, maybe clears our debts, but then still drives the same overall agenda that Suning did. And that is if we're somewhat lucky, tbh.
 

bubba zanetti

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My point is simply that reality has a way of doing away of our dreams of new owners.

You're all hoping for a PIF, Qatar Investments fund, or whatever - reality is probably we get some businessman who injects a little bit of cash, maybe clears our debts, but then still drives the same overall agenda that Suning did. And that is if we're somewhat lucky, tbh.
Even in banter era we would be proactive during mercato. It cant be worse than this.
 

Nothing

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In my opinion, Middle East financial group is the best football club owner compared to other regions. I am not talking about money only, but also about ambition and roadmap. They know either if the club should go big instantly (see City and PSG) or grow gradually (see Newcastle with their players and manager choice).
Other options are:
  1. Italian: Enough with the lunacy. De Laurentis, Gaucci, Ferrerro etc the list about insane heads are endless and somehow being Italian is the common denominator.
  2. US: Must avoid. Almost everything they touch turn into shit for they understand nothing about football. MU become a cashcow for Glazer, Kroenke destabilized Arsenal instantly, Boehly is playing real life FM now, Pallotta ran Roma onto ground, only FSG seems okay but I can't remember any other decent US-owned club.
  3. East Asians: Really depends on who is the owner. A scumbag like Peter Lim and Li Yonghong should be hindered. Suning used to be good. They had ambition, they had money, and they manage us well. Too bad they are restricted by their emperor's policy it is time to part ways.
When we consider the available suitors and their reputation, PIF should be considered the best option.
Would love to have an owner like Glazer as long as we have competent sporting director
 

Il Drago

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Libero report it's certain Zhang will ask the new owners to continue cooperating with Marotta.
While Libero are usually a shit source the article is written by Biasin which makes it a lot more reliable. He also claims Oaktree are also pushing for the sale. I guess they want to be certain they will get their money back but shouldn't they be in favor of Suning failing to repay them, get the club at a ridiculously low price and sell it on a profit? It's a bit baffling to ne
 

bubba zanetti

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"Inter owners Suning have not given Goldman Sachs a mandate to sell the club, but they have asked the US-based investment bank to actively search for a partner to invest alongside them.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, who report that the Nerazzurri owners met with Goldman Sachs representatives recently and their request was to look for a business partner in order to inject cash and make the club’s financial situation more viable.

Goldman Sachs consultants were at Inter’s Champions League group stage opener against Bayern Munich on Wednesday, and held a meeting with Suning to discuss the strategy and wishes of the Nerazzurri owners.
Things have hardly gotten more straightforward for Suning’s ownership on a financial level, with the failure to hit the net profit goal in the summer transfer window and the collapse of the shirt sponsorship deal with DigitalBits adding to the situation with the need to pay back the €275 million loan from Oaktree by 2024.

However, the owners are still not thinking about selling the club outright, although they could certainly be open to this should the right offer arrive.

Right now, Suning’s priority has been to tell Goldman Sachs to search for new investors to potentially be partners in their ownership of the Nerazzurri, but not to speed up the process of selling the club."

Every news about sale is contradicting previous one.
 
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