Suning To Sell Majority Control Of Inter By End Of 2022 Due To New Chinese Government Regulations, Italian Media Report – SempreInter.com

Category: Media Control

Inter owners Suning will have to sell their majority shares in Inter by the end of the calendar year 2022, according to Italian media.

This is the claim of Rome-based newspaper La Repubblica, via FCInter1908, who report that the current owners will be forced to give up control of the Nerazzurri due to a new directive by the Chinese government regarding investment abroad.

Suning have been persistently linked with a sale of the Nerazzurri, usually due to the financial situation of the club, but also due to regulations that the Communist Party of China has been introducing limiting investment abroad.

According to La Repubblica, a new directive prohibiting non-strategic investment by Chinese companies in foreign businesses will affect Suning, who will have to give up control of Inter as a result.

Meanwhile, La Repubblica also reports that the Nerazzurri owners are hoping to get the new stadium plans moving quickly along with AC Milan so as to make the club a more attractive asset.

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Suning To Sell Majority Control Of Inter By End Of 2022 Due To New Chinese Government Regulations, Italian Media Report - SempreInter.com

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June 15th, 2022
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