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Inter will not be a simple market, the line to follow has come from property: a market without cost, first it is sold and then it is bought. But the priority is to reduce the amount of salaries and get rid of the players outside of Conte’s project.
“In connection from Nanking with coach Conte and with coaches Marotta, Antonello, Oriali and Ausilio, President Steven Zhang had just dictated the line for the winter session. No expenses, substantial cut in salaries, thinning of the workforce. In fact, the first move, the dry loan from Nainggolan to Cagliari, immediately followed up on the club’s new financial policy manifesto. And it was inevitable to wonder if austerity, with the second team one point behind Milan, does not represent the prologue of Suning’s disengagement from Serie A, which he had entered with a bang. It is known how, in one of the first meetings, Zhang senior asked the sports executives of the time to do everything possible to hire Leo Messi. But judging by the strategies dictated by Zhang Junior for the January 2021 market, the enthusiasm of that time seems to have completely faded. “, reveals La Repubblica.
“In the past few hours, news of the assignment had spread to a London-based investment bank. Seek buyers of the majority package of shares in Inter, controlled by Suning (68.55%), and the mandate to a renowned Milanese firm in the Garibaldi area to manage the legal part of the operation. For the moment, however, the only confirmation remains in the Lender Search for the $ 375 Million Bond, Due 2022. Nor does the idea of looking for a minority shareholder, instead of or alongside Lion Rock Capital (the Hong Kong fund that acquired 31.05% of the shares in early 2019) does not find all the credit in the financial circles of Milan and London. quotas of the former president, the Indonesian Thohir). Practice suggests that no large businessman, fund, or company invests in football to leave control of a company to others. Unless gradual entry postulates the next rise in no time.
The economic crisis of Covid today discourages investments in football. As for the possibility of Suning leaving Serie A, it should be remembered that a year and a half ago he did not even consider the possibility of selling Inter to foreign funds. Meanwhile, the situation has certainly changed and may have chilled the Zhangs, even if there is no hint of a Milan-like parable for now. It passed in just three and a half years from Berlusconi to the mysterious Chinese Li to the current ownership of the Anglo-American fund Elliott “explains the newspaper.
“The knot of the Chinese government remains the delicate point, even more than the unknowns about the project of the new stadium with Milan. The times when President Xi Jinping, a soccer fan, planned to transform China into the top soccer power by 2050, seem far away. The passage from the strict salary ceiling (1.7 million net per year foreign footballers) in the Super League to the disengagement of large companies, which have been prohibited from associating their names with that of the teams. Suning, owner of Jiangsu winner of the last Super League, may abandon football investments in China.
Inter fans are interested up to a point. Rather, they wonder if Inter will remain something else for the Nanjing holding company, which has so far invested more than 600 million in the club. The elimination of the Champions League and the Europa League means another fifty million lost revenue. And the pay cut is now a declared unpretentious move. In and around Beijing, when you say enough, there are no half measures. That is also why Inter’s priority problem today is not Deputy Lukaku “, concludes Repubblica.
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