Bellinazzo: “Inter, the communication from Suning has arrived. Funds, the next steps “

Important news on the horizon for Inter’s corporate future: the economic journalist talks about it

The sporting results are absolutely positive, but also from a corporate point of view, good news could soon arrive for Inter fans. Marco Bellinazzo, guest of the YouTube channel ‘Il Verbo del Vate’, explained the latest developments of the Nerazzurri house: “The situation at Inter has been much more serene in the last period. Not only from a sporting point of view. Not later than a few hours ago, Suning confirmed its willingness to remain as the main shareholder. The search for a lender / minority shareholder who can take over the shares of LionRock or a little more, but not the majority. We reason on the basis of various dossiers that are now on the table also for a hybrid operation model which means acquiring a part of shares or making first a loan which in part can be transformed into an equity investment by the lender who would become a new shareholder “.

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It seemed that the negotiation between Suning and BC Partners could reach the white smoke, but the latest developments certify the interruption of the dialogues instead. Bellinazzo explains: “The transaction with BC Partners was closed where the parties did not agree on the evaluation of the club and over the weeks the situation of the Suning group has been clearing up, also through the sale of Suning.com shares, and the trend of the championship pushed Suning to want to exploit the investment of over 700 million already made, it would have been absurd to lose it at a time like this. The best partner is now being sought that can guarantee a loan of between 250 and 300 million to complete the season. Then we will understand how to refinance the 375 million bond and how to eventually transform a part of this investment into shares “.

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Great weight on the strategies of the Chinese giant and on the final decision had and will have the opinion of the Chinese Communist Party. Bellinazzo also talked about this: “The strategy launched five years ago by the Chinese government in football to attack new markets on the model of what was done by the countries of the Arabian Gulf provided for strongholds and Inter was a central element in the project. Many in Beijing had hesitations about ‘ operation costing more than 700 million for results that did not arrive The dynamics of this championship created in Suning itself and in those in the Communist Party who opposed the operation a different evaluation in the margins to carry it out.

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Seeing the first Chinese club in a league among the top 5 in Europe means seeing a first effect of this strategy. Everything will be done not to create any corporate problems for the team and continuity will be sought for next season to assault Europe. Suning wants to be the main shareholder unless an offer of 1 billion arrives, but there are no such offers and there have never been any. “

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