Zhang family have different visions for Suning at Inter

Zhang family have different visions for Suning at Inter

Zhang family have different visions for Suning at Inter. They are thinking among themselves when it comes to what to do with Inter Milan. As reported by Tutto sport‘s print edition. Suning’s chairman Jindong Zhang is pushing for the sale of the club after China changed its stance on football investment. The Chinese government are now backtracking just six years on from seemingly going all-in on football. They had to improve their national league and the national team. So that they could launch a bid to host the 2034 FIFA World Cup. Many Chinese businessmen and companies have since invested in the European clubs. Like Suning buying Inter in 2016 from Erick Thohir. With others buying into the likes of Aston Villa, Southampton, West Bromwich Albion, FC Sochaux and Slavia Prague.

Meanwhile, Inter’s president Steven Zhang, the son of Jindong, wishes to see out the remainder of the season as Inter owners. He hopes to be able to celebrate a first Serie A title win in their tenure in charge of the club. The Nerazzurri are favourites for the Scudetto after a long time. Also, Inter last won Serie A in the 2009/10 season.

Zhang family have different visions

Zhang family have different visions for Inter Milan

Inter are currently suffering from a lack of liquidity due to COVID-19 losses and China’s new limitations. This has forced Suning to seek fresh investment from private funds. Also, Suning would need to cede control of the club together in order to assure the Nerazzurri’s long-term financial stability. Hence, Zhang was reluctant to leave Inter as he was looking for a short-term loan option. So that he could help them to meet their financial needs.

There are a number of parties keen in buying either a minority or majority stake in Inter. Such as BC Partners, Fortress and the Public Investment Fund of Saudi Arabia (PIF). In any case, certain deadlines must be met by March 31. In order for Inter to be given a license from UEFA to take part in the European competition next season.

Leave a Reply

Your email address will not be published.