The Suning Commerce Group

[Meysam]

Please No Arabs, Chinese or Russians

 

[vex]

The best thing zhang can do is leave the club on a high while winning a second star, so hopefully these latest rumors are true.

I would even prefer slightly less ambitious owners in exchange for finally getting some financial stability and to not feel like we are hanging on a cliff every summer.

 

[.h.]

Please No Arabs, Chinese or Russians

So you prefer broke bitches then I guess because you've just ruled out a large part of the wealth

 

[.h.]

The best thing zhang can do is leave the club on a high while winning a second star, so hopefully these latest rumors are true.

I would even prefer slightly less ambitious owners in exchange for finally getting some financial stability and to not feel like we are hanging on a cliff every summer.

Tbh, the only way that can be delivered atm is by cutting the squad. The problem is our cost basis. Financial security means getting rid of maybe 50m/yr in cost for the club. Will leave as an exercise to the reader to decide which 50m they cut

 

[CafeCordoba]

We are very close to break if ownership change happens as that will trigger the payment of the 415m debt the club has (I think some of the capital of that debt has been paid back so it's little less than 400m€).

When that is paid, there won't be 30m annual interest payments anymore. New owner doesn't need to cover losses too much, if anything, if we keep increasing our revenue streams.

 

[Gal]

Please No Arabs, Chinese or Russians

They are the only one with money and willingness to spend it on football. European billionaires aren’t all that interested in wasting on sports to the same degree they used too and when they do it’s as investment and similar reasons and often they are requiring the club to be self sustaining. American are generally focused on their own sports, so it’s mainly just fonds who might show some interest, but usually with the purpose of increasing the value and sell it on to some fool of a billionaire who is looking out for a new flashy toy, at best you get a Italian American millionaire that won’t bring us anywhere.

Those nationality are the only ones who just spend with no thought of regaining what they spend. That won’t be the case with Americans or Europeans.

So pick your drug

 

[ADRossi]

It's not like we're seriously linked to any owners, aside from the Finnish fraud.

 

[varmin]

Corierre say that the Royal Suidis Family are in touch with Zhangs few months ago. I don't know how reliable is that rumor, but I personally don't mind arabs if they do not interfere Marotta and Ausilio 's work.
If we have a healthy owner, who can inject some recourses in the club, we can own serie A for next couple of seasons easily.

 

[Corrode]

Please No Arabs, Chinese or Russians

actually the owner right now is Chinese.

But you are right. Inter need to get managed back into Italian, European, and Western people. The european actually managed better in football and in term of managing after all.

 

[Forzanerazzurri]

There's a lot of smoke on this one

 

[brehme1989]

There definitely was Saudi interest. Only issue is that across town there's an equally likely change of ownership situation pending if they knock the door.

 

[IL Fenomeno]

Corierre say that the Royal Suidis Family are in touch with Zhangs few months ago. I don't know how reliable is that rumor, but I personally don't mind arabs if they do not interfere Marotta and Ausilio 's work.
If we have a healthy owner, who can inject some recourses in the club, we can own serie A for next couple of seasons easily.

Yes but for which price? The price we pay is using blood money and this is not what Internazionale stands for

 

[varmin]

Yes but for which price? The price we pay is using blood money and this is not what Internazionale stands for

All of the money of the billionaires are blood ones.

 

[CafeCordoba]

All of the money of the billionaires are blood ones.

This is just a false equivalency statement.

 

[Kramerica Industries]

Yes but for which price? The price we pay is using blood money and this is not what Internazionale stands for

We all have an idea of what we think Inter is supposed to stand for as an institution, going back to our origins and literally the basis for the name of our club, but then we also are reminded that our most visible fan group is full of dickheads who hate black people and Jews, which would seem to go directly against what we stand for. So we're probably giving ourselves too much undue credit.

 

[DARi0]

There's a lot of smoke on this one

Inter finances examined​

As reported by Corriere della Sera and Il Sore 24 Ore via Calciomercato.com, the aforementioned Saudi family have hired a well-respected law firm based in London to start collecting as much information as possible regarding Inter’s financial situation. Zhang and Suning value Inter at around €1.2 billion.

Official documents, budget reports and even the minutes of recent Board of Directors meetings have all been sent over ahead of an official due diligence report. The Saudi family are keen to understate the full extent of the economic landscape at the Nerazzurri before taking the next steps.

Zhang, Suning and let's face it - the Chinese government managed to get themselves plenty of time to stabilise the club & prepare for this sale.

From one year to another:

- the losses have been reduced​

- the revenues have increased​

- the operating costs have been reduced after covid​

- the assets (players value, stadium) stayed around the same level​

- the sporting achievements have increased​

​

So I'm sure the documents are fine.​

​

Now the only thing that I don't understand is why would the buyer pay the 1 or 1.2B to Zhang? Just because Suning can extend their loan?​

​

I mean if I were the buyer, I would just wait for Suning to fail pay back. In a hurry to take over? Talk directly to Oaktree so they don't extend the loan deadline.​

 

[brehme1989]

We all have an idea of what we think Inter is supposed to stand for as an institution, going back to our origins and literally the basis for the name of our club, but then we also are reminded that our most visible fan group is full of dickheads who hate black people and Jews, which would seem to go directly against what we stand for. So we're probably giving ourselves too much undue credit.

I know this is played out a lot, but let's be honest, the 1908 split didn't happen to welcome "blacks and jews".
It was an attack on the Milan board at the time that abided by a stupid decision to ban non-Italians (ie Swiss, Austrohungarian + Germans) from participating in the following league. That gladly was revoked the following summer, so a few months earlier and Inter probably never exists.

Ironically, Milan signed the first black person in Serie A.
Over 50 years later...


No idea why people are fixated on bringing up contemporary notions to a 100+ year situation where this would have been an alien view to those people.

 

[CafeCordoba]

Inter finances examined​

Zhang, Suning and let's face it - the Chinese government managed to get themselves plenty of time to stabilise the club & prepare for this sale.

From one year to another:

- the losses have been reduced​

- the revenues have increased​

- the operating costs have been reduced after covid​

- the assets (players value, stadium) stayed around the same level​

- the sporting achievements have increased​

​

So I'm sure the documents are fine.​

​

Now the only thing that I don't understand is why would the buyer pay the 1 or 1.2B to Zhang? Just because Suning can extend their loan?​

​

I mean if I were the buyer, I would just wait for Suning to fail pay back. In a hurry to take over? Talk directly to Oaktree so they don't extend the loan deadline.​

AFAIK due diligence is conducted AFTER an offer has been accepted. I think these reporters are talking BS as per usual (when it comes to actual events and proceedings).

Latest from Gazzetta is Zhang would be securing 400m 3-year funding from a British fund to cover the Oaktree loan payment. So Oaktree would be out of the game.

And of course, reader discretion is adviced.

 

[.h.]

AFAIK due diligence is conducted AFTER an offer has been accepted. I think these reporters are talking BS as per usual (when it comes to actual events and proceedings).

Latest from Gazzetta is Zhang would be securing 400m 3-year funding from a British fund to cover the Oaktree loan payment. So Oaktree would be out of the game.

Correct. You make a general offer, it gets accepted, and then you DD all the details.

 

[magnesium]

Something fishy. Saudi or middle east billionaire always buy bottom or mid table club, like City, Newcastle or PSG. They prefer build something from bottom, and take few years to become powerhouse like City.

Inter, on other hand is very costly investment. We have already good structure, and if they buy Inter, they will miss something pride like make small club to become big club.