Inter's Financial Situation

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These cunts spent 3 months agonizing whether they could approve 50 bucks for Acerbi. Now they're suddenly going to do a capital injection?

1. I'll believe it when I see it
2. It'll probably be some laughable amount, like 15m
3. Where are they even going to get that money from? Probably another loan with obscene interest rates
 

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These cunts spent 3 months agonizing whether they could approve 50 bucks for Acerbi. Now they're suddenly going to do a capital injection?

1. I'll believe it when I see it
2. It'll probably be some laughable amount, like 15m
3. Where are they even going to get that money from? Probably another loan with obscene interest rates
All sources report it's gonna be around 100m.
 

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how much rich is zhang kangyang so far? that's another question. can his money pay skriniar's new contract?
 
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Irequis

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They are suffering a great loss, they are under multiple legal charges, they are about to sell this club. Why would Suning inject 100 M under such dire conditions?
 

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I'll repeat what I said a while ago


Inter is owned by Suning Sports - which is 10% owned by Suning Appliances, and 90% owned by Suning Holdings. Suning Holdings is 100% owned by Zhang.

Our fate actually has comparatively *little* to do with the Suning retailer - there is coincidence in the naming and a 10% ownership but that's about it. There is, absolutely, a bunch of 'political' implications of that joint ownership, but the actual legal direct impact is a lot smaller than people think. Everyone here talks as if we're 100% owned by Suning Appliances Group, when we arent. The retailer could go bust and the major implication for Inter is that 10% of our ownership would then be sold off and change. Of course, in reality, there'd be pressure from CCCP for Zhang to sell off assets e.g. Inter and inject cash into Suning, (well, potentially, Evergrande might actually change that view), but we are absolutely not owned by Suning the retailer.
 

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I'll repeat what I said a while ago


Inter is owned by Suning Sports - which is 10% owned by Suning Appliances, and 90% owned by Suning Holdings. Suning Holdings is 100% owned by Zhang.

Our fate actually has comparatively *little* to do with the Suning retailer - there is coincidence in the naming and a 10% ownership but that's about it. There is, absolutely, a bunch of 'political' implications of that joint ownership, but the actual legal direct impact is a lot smaller than people think. Everyone here talks as if we're 100% owned by Suning Appliances Group, when we arent. The retailer could go bust and the major implication for Inter is that 10% of our ownership would then be sold off and change. Of course, in reality, there'd be pressure from CCCP for Zhang to sell off assets e.g. Inter and inject cash into Suning, (well, potentially, Evergrande might actually change that view), but we are absolutely not owned by Suning the retailer.
In what dream world did you think of all that?

If Suning retail business goes bust, the 90% will be worthless... I mean, what on earth are you trying to say here? I'm puzzled by your stance.
 

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Suning Holdings is an unrelated company. The naming conventions are misleading, but where you read Suning Holdings, you can take the name to be "Zhang's family trust".

Suning.com, for example, is apparently about 18% directly owned by Zhang and about 2.7% owned by Suning Holdings. Suning Holdings sounds like the name of the group that owns all the Suning entities and would be listed on the stock market; it isn't.

If retail goes bust, Suning Holdings obviously has to write down one of it's to 0 valuation, but they hold 2.7% of a company with a market cap of about 2.5 billions euros ATM - so their stake is worth about 70mil euros. Inter is worth much much more than that to Suning Holdings as an example.
 

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Just to be clear why I'm saying all this

The financial woes of Suning the retailer have an indirect impact on Inter (e.g. non payment of dividends would mean Zhang has less money to inject into us). Thats the extent of what the losses at Suning retail mean for Suning Holdings. If Zhang has personal cash, or profit from other business operations be owns via Sunings Holding (such as the financial business), he could conceptually (barring any CCCP policies) inject that money back to the club.

People conflate the (admittedly very confusing) ownership a lot - we are very minimally owned by Suning the retailer, we just happen to be owned by a company that has a similar name and some owners in common
 

brehme1989

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You're giving this too much theoretical thought.


If Suning goes bust, Zhang is toast. If he keeps Inter, then so is Inter. The semantics aren't necessarily, we aren't discussing the legal or theoretical consequences but the real ones.

Suning Holdings is a useless organization, it directly depends on Zhang's situation with Suning.com.
 

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So in a Western organisation without the constraints of the CCCP, everything I've said there would be correct and applicable. Clearly that additional Lena does change the picture
 

brehme1989

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So in a Western organisation without the constraints of the CCCP, everything I've said there would be correct and applicable. Clearly that additional Lena does change the picture
It still wouldn't be correct in the real world.

It may be true in the USA and maaaybeee in the UK, but it's not how the world works.
 

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They're unrelated entities, it's how it works anywhere in Western Europe. You can see Suning Holdings effectively as a private equity firm with a very small stake in Suning Appliances...
 

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You're giving this too much theoretical thought.


If Suning goes bust, Zhang is toast. If he keeps Inter, then so is Inter. The semantics aren't necessarily, we aren't discussing the legal or theoretical consequences but the real ones.

Suning Holdings is a useless organization, it directly depends on Zhang's situation with Suning.com.
suning holdings and great horizon co as a shell (fake) company to launder money?
 

brehme1989

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They're unrelated entities, it's how it works anywhere in Western Europe. You can see Suning Holdings effectively as a private equity firm with a very small stake in Suning Appliances...
Practically the same UBO means that the relationship is solid and that's what the courts also say. In Italy.

That's not how it works in China anyway, who cares about western Europe?

For some reason you're in teacher mode about some theories that stand in cases that are not related to what we have here. Dig further if you wanna understand the dynamics here.
 

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suning holdings and great horizon co as a shell (fake) company to launder money?
No.. there's no need to push this money laundering agenda this sort of business structure is super common
 

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Looks like a huge revenue increase last year (+75m). We need to wait to see some forecasts this year and also soke write downs eg socios
 
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