The Chinese group has purchased a 70 percent stake in the club from Erick Thohir, who became majority shareholder and president of Inter in 2013, for a reported fee of €270million.
The deal was announced on Sunday via the social media pages of Super League outfit Jiangsu Suning before confirmation of the deal came at a news conference held on Monday.
The chairman of the group Zhang Jidong welcomed the deal as a watershed moment for a growing football market in China.
Monday, 6 June 2016
Inter Milan Fc Sold For €270million
The Chinese group has purchased a 70 percent stake in the club from Erick Thohir, who became majority shareholder and president of Inter in 2013, for a reported fee of €270million.
The deal was announced on Sunday via the social media pages of Super League outfit Jiangsu Suning before confirmation of the deal came at a news conference held on Monday.
The chairman of the group Zhang Jidong welcomed the deal as a watershed moment for a growing football market in China.
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