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Sports News

Inter Milan deny rumours that owners Suning want to sell

Soccer Football - Europa League - Final - Sevilla v Inter Milan - RheinEnergieStadion, Cologne, Germany - August 21, 2020 Inter Milan president Steven Zhang in the stands before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) Lars Baron/Pool via REUTERS/File Photo

ROME (Reuters) - Inter Milan president Steven Zhang has shot down reports in the Italian media that he is looking to sell the Serie A club.

Reports on Monday Saturday said that the Rothschild bank has a mandate to sell the entire club, as well as to find new investors to replace Lion Rock as minority shareholders, but the 18-time Italian champions strongly denied the story.

“With regard to the rumours reported today, specifically referring to the possibility of FC Internazionale Milano being sold, president Steven Zhang categorically denies these false claims and stresses that they are entirely baseless,” a club statement read.

Chinese company Suning Holdings Group has been the majority shareholder of Inter since 2016, and Zhang was appointed president in October 2018 at the age of 27.

Under Suning’s ownership, Inter returned to the Champions League after a six-year absence in 2018 and finished as runners-up in the Europa League and Serie A in 2020, marking their highest league finish in nine years.

Reporting by Alasdair Mackenzie; Editing by Christian Radnedge

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