Football
Ben Gladwell, Italy correspondent 8y

Chinese investors close to securing Inter Milan deal - Massimo Moratti

Former Inter Milan president Massimo Moratti has said negotiations with Chinese investors Suning Commerce Group are close to conclusion.

Suning Commerce Group wants to secure a 70 percent stake in the club, buying out the almost 30 percent still owned by Moratti and making current president Erick Thohir a minor stakeholder.

Moratti told ANSA: "It should happen. It seems to me that the intention is to wrap things up."

The arrival of the new investors, first mooted earlier this year, would bring an end to a largely disappointing few years under Thohir.

The Indonesian arrived in 2013 and said his intention was to make Inter great again and try to win the 2016 Champions League final at the San Siro.

Last season was their best since he bought the majority holding from Moratti and his family, with a fourth-placed Serie A finish bringing qualification for the Europa League.

Moratti's wife, Milly, claimed Thohir would not be remembered too fondly by Inter fans.

"Maybe he didn't really realise what the value of an Inter community is," she told Antenna3 television.

"Probably he was not here enough -- he was so distant. He chose a large group of foreign managers, but Inter is different to that. It's not only about just technical competence."

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