It has been reported that negotiations are in progress for the purchase of Inter Milan by a wealthy Saudi Arabian family.
According to Italian news outlet Repubblica newspaper, the potential deal is unrelated to the Saudi Public Investment Fund (PIF).
Major owners Suning Holding had previously stated their intention to seek minority shareholders for the club rather than a full takeover.
However, Repubblica’s weekend edition now suggests that talks are ongoing with a prominent Saudi family, distinct from the PIF which acquired Newcastle United in 2021.
The Saudi family reportedly reached out to Suning representatives in China to express their interest in acquiring the Nerazzurri.
With time being crucial for Suning and Inter’s chairman Steven Zhang to secure new investors or renegotiate terms to delay a €375 million loan repayment to American investment fund Oaktree, including interest.
The repayment deadline is May 20, three years after the loan was provided to the Chinese holding company.
The club is now running out of time, and could speed up processes for the partial acquisition.
