Erick Thohir

[firmino]

according to several news sites, among which sky sport italia, thohir will get around 150 mil euros for his 30%

 

[n4l]

that's only 500M total valuation...

 

[brehme1989]

that's only 500M total valuation...

What was the valuation when Thohir took over from Moratti? Wasn't it something like 300m?

And what was the valuation when Suning took the majority?

 

[n4l]

I actually don't know/can't remember. But I wasn't saying it in a bad way, just in light of the recent speculation articles about 800M valuation.

 

[firmino]

news outlets here seems to agree but at the moment it's still a rumour, not official figures.

 

[brehme1989]

I actually don't know/can't remember. But I wasn't saying it in a bad way, just in light of the recent speculation articles about 800M valuation.

I know, just wanted to compare the valuations and see if there's a similarity with Suning taking over. Could be part of that deal from back then.

 

[CafeCordoba]

It was about 350m€, the whole valuation of Inter back then. Thohir bought 70% from Moratti (and then later the rest).

So the value has increased for about 150m€. Good, bad or expected, can't say anything.

edit.

Moratti -> Thohir 250m€ for 70%

https://www.forbes.com/sites/afonte...-erick-thohir-at-480m-valuation/#6e8f7a4f6ad1

Thohir -> Suning 270m€ for 70%

https://www.reuters.com/article/us-...-in-inter-milan-for-307-million-idUSKCN0YR03T

 

[.h.]

honestly theres a lot of detail at the assumption of debt level too, that we cant ignore

 

[Pimpin]

honestly theres a lot of detail at the assumption of debt level too, that we cant ignore

I was going to say that, enterprise value has more elements to it

 

[Bluenine]

Thohir gets a lot of stick here, some justified, but he does not get credit for his good work. Thohir brought a lot of financial discipline at Inter, he was instrumental at reducing costs drastically to make Inter a viable proposition for serious businesses like Suning to invest in.

Even though I am very fond of him, Moratti left Inter in a mess with huge costs structures, declining revenues and in a state of sporting disaster at a time when FFP would make it very difficult to get back. Thohir did the first step, he reduced the costs and brought them in line with our revenues, and then sold us to a serious, rich new owner. Suning are addressing the next two issues, increasing revenues and improving on the sporting side, which in these days of FFP/SA goes hand in hand.

The way I look at it, Thohir was like a good caretaker coach who inherited a mess and laid the foundation for the new coach to build upon.

 

[DARi0]

Good caretaker? Yes.
Good investor from his perspective? Yes, he didn`t put his own money at risk but as a loan towards the club and made a lot of money in just a couple of years.
Good investor from fan`s perspective? No. He didn`t do enough to narrow the gap, even Napoli were managed better.

 

[dax21]

After our treble Napoli pretty much skyrocketed into being a consistently formidable club. Going from Serie B to a top 4 contender year in and out is quite a feat, can't think of another European club who managed such a transformation.
It's unfair to compare Inter to Napoli, we were heading in opposite directions.

 

[firmino]

Well, at least he handed the club to Suning. That's a merit and it happened because of his good work on the financial side.

When you think that berlusconi sold milan to yonghong li...

 

[Candreva Crosses]

When you think that berlusconi sold milan to yonghong li...

Which ended up to one of the most powerful companies in the world.

 

[Il Drago]

LIONROCK CAPITAL ACQUIRES 31.05% OF FC INTERNAZIONALE MILANO S.P.A.
LionRock Capital becomes the Second-Largest Shareholder in the Italian Football Club

MILAN — FC Internazionale Milano S.p.A announces that LionRock Capital has reached an agreement with International Sports Capital HK Limited to acquire their 31.05% shares in the Club. Thus, LionRock Capital becomes the new minority shareholder in Inter.

The Club welcomes LionRock Capital to the Inter family and expects them to assist and support Suning in bringing further success to Inter both on and off the pitch. The Club extends its appreciation to Erick Thohir for his past contributions and wishes him every success in the future.

Commenting on the transaction, Steven Zhang, President of FC Internazionale Milano said: “In 2018, thanks to the efforts of the entire staff, of our management, coaching team and players, we have achieved strong results in sports performance, commercial growth, and marketing and media innovations. This gives us full confidence for the future development of the Club and has led to the interest of LionRock Capital. In addition to this partnership, we also look forward to establishing further global sporting and commercial relationships. Together with our partners, we continue working on our prime objective – to make Inter a top club worldwide on and off the pitch and to provide the best possible experience for millions of Inter fans.”

“We are very optimistic about the business development prospects of all sports-related activities and with over 110 years of history and global influence in the football area, FC Internazionale Milano has exciting future development potential. LionRock Capital will fully support Inter’s key objective to make the Club one of the world’s top football clubs both on and off the pitch,” said Daniel Kar Keung Tseung, Founder and Managing Director of LionRock Capital.

https://www.inter.it/en/news/65983/lionrock-capital-acquires-31-05-of-fc-internazionale-milano-s-p-a

 

[ScottishInterista]

So what does this mean in regards to the club? Will they invest, increase our Asian exposure or what?

 

[rsz85]

So what does this mean in regards to the club? Will they invest, increase our Asian exposure or what?

we will sign Messi, Hazard, Debruyne, Kroos and DeGea in the summer!

 

[Wobblz]

https://www.inter.it/en/news/65983/lionrock-capital-acquires-31-05-of-fc-internazionale-milano-s-p-a

Glad we got rid of ET who was as an active figure at the club as a wax sculpture.

Those guys, Lion Rock, are a printing company!? Since when book publishers and printers make sufficient money to buy 30% in a football club and why the hell would they anyway.

LION ROCK GROUP LIMITED, formerly 1010 Printing Group Limited, is an investment holding company principally engaged in the provision of printing services. The Company is also involved in the production and distribution of books and publications, as well as the provision of corporate management services, graphic design services and printing agency services through its subsidiaries. Its core products include hard back books, paperback books, wire-o binding, saddle stitching, children’s books, board books and book plus.

At least that gives me hope one day I might be able to afford some shares in Inter as well :alone:

 

[.h.]

Which ended up to one of the most powerful companies in the world.

I assure you not one of us would want to be owned by a vulture hedge fund. That story will only end badly.

 

[Jane The Virgin]

Lion Rock are a printing company alright - printing money that is. Lol


Jokes aside... what a cheesy name. What a fishy name... what a “imma bout to scam you all” name