SempreInter.Com
·16 January 2021
SempreInter.Com
·16 January 2021
Negotiations between incumbent owners Suning and BC Partners over the sale of Inter are accelerating, with the London-based equity fund hoping to conclude a deal.
Suning are looking to sell the Nerazzurri and despite widespread interest, BC Partners are the most viable option after entering a period of exclusivity to access financial accounts and complete due diligence checks.
According to Sportmediaset, the equity fund could be in a position to begin finalising a takeover of Inter by the end of January, as the due diligence checks gather pace.
Whilst the two parties are yet to agree a fee, BC Partners’ initial valuation of €700 million falls someway short of Suning’s demands. However, should they raise their offer to closer to €900m, including taking on Inter’s debts, a complete takeover of the club could materialise.
Other options remain on the table however, with a 40% purchase to own the club alongside Suning before investing more heavily in the future a possibility.