Investcorp will neither confirm nor deny Inter

By Antoine Rabito on Sunday September 24, 2023
Credit: Photo by Icon sport

Investcorp has been contacted about reports that the fund is ready to buy Serie A’s Inter from Suning, but would neither “confirm nor deny” the suggestions.

Reports emerged this week that Raine Group, the bank tasked with finding new investors for the Nerazzurri, had accepted a proposal from Bahraini group Investcorp. Tuttosport claimed that Investcorp was ready to invest around 1.3 billion euros in the purchase of the club, whose reputation was further enhanced last season when it reached the Champions League final. The Iqtisad Al Sharq newspaper reviewed the information and requested an official comment from Investcorp, but all it received was news that it would neither “confirm nor deny” the interest. Investcorp was one of the funds interested in buying Inter’s rivals AC Milan, before RedBird finalized the takeover. Suning and Inter president Steven Zhang are increasingly likely to sell the club, as the high-interest loan they took out with Oaktree Capital is due to be repaid in 2024, and they currently do not have the funds to cover this debt.

Antoine Rabito

Antoine Rabito

Italian soccer fan from France. Everyday, I read the italian newspapers looking for the best informations to share.

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