Moratti set to step aside at Inter Milan
Massimo Moratti has revealed that he will bring his 18-year spell as Inter Milan president to an end once Indonesian media magnate Erick Thohir has signed a deal to take control of the club.
Moratti met Thohir in Paris on Thursday, when the final points of the agreement that will see him take a controlling stake in the Nerazzurri were resolved.
Only minor details now need to be discussed before the Moratti family's involvement with Inter is formally brought to an end.
"It was a meeting aimed at getting to know each other better," Moratti said. "It was necessary to get a deeper understanding of who the people are to be able to decide.
"There are no major problems to resolve, but an agreement has not yet been reached. There are other businessmen ready to support him, and we could still need a month to finish the deal."
Nevertheless, Moratti now appears convinced that selling his stake to Thohir is the best option for Inter.
"My family will definitely remain involved, but I don't think I'll stay [as president]," Moratti added.
"This is a reorganisation to face the future. Seeing that there are players who cost €100 million, at this point we have to start to understand that, to remain at the same level, you need to restructure in order to face this type of situation."
Moratti will leave a legacy of five Serie A titles and the historic treble in 2010, won with Jose Mourinho at the helm.
Details of the deal are yet to be announced, but Thohir is expected to take control of 70 percent of the Serie A club for of €250 million, investing a further €150 million to pay off debts and for squad investment.
According to the Gazzetta dello Sport, Inter could spend some of that money in the winter transfer market, with Marco Verratti and Gaston Ramirez speculated to be targets.
The paper told Inter fans not to worry about the changes behind the scenes at their club, adding: "One world may be ending, but the world is not over.
"The figure of the fan president willing to invest a fortune, a person you can either love or hate, but one who was there every day with his constant remarks, his glasses sliding down his nose, chain-smoking, is going. The final anchor has been broken, and we're witnessing the new Inter setting sail."