Inter Milan CEO says owner looking for partner to boost liquidity

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MILAN (Reuters) - Inter Milan's owner is looking for a partner to inject fresh resources into the Italian Serie A soccer team, its Chief Executive Giuseppe Marotta told local radio on Monday, a day after the club clinched its first Serie A title in 11 years.

Chinese retail giant Suning owns 68.5% of the club, which is suffering like rivals due to the fallout from the COVID-19 pandemic. The remaining shares are owned by investment firm Lionrock Capital.

Inter Milan was one of the three Italian founding members, alongside Juventus and AC Milan, of the European Super League, a breakaway project which collapsed few days after its announcement.

 

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