Football

Serie A giants close to massive cash injection

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Seria A giants Inter Milan are set to enter the transfer market with huge kitties from next summer onwards as talks are ongoing about a possible deal with a wealthy investor from abroad, reports Goal.com.

After seeing the club coffers being bank-rolled by foreigners in clubs like Chelsea, Paris Saint-Germain, Manchester City and their resultant on-filed success, the Italian club is willing to follow their path in order to achieve success in a short period of time.

Club owner and president Massimo Moratti is poised to sell a huge 70 percent stake in Inter to Indonesian businessman Erick Thohir for a reported fee of around €300 million.

Thohir is known for his interest in owning sports teams and is one of the owners of National Basketball Association team Philadelphia 78ers and Major League Soccer club D.C. United. He also owns basketball teams in his homeland - Satria Muda BritAma Jakarta and Indonesia Warriors.

However, according to former president Ernesto Pelligrini, Inter is making a mistake as Thohir is only interested in the club for business purposes and would prefer to see the Nerazzurri remain in the hands of an Italian.

"The Indonesian is only interested in business," he told the La Gazzetta dello Sport.

"The club must stay Italian and be restructured, I can help find other entrepreneurs.

"I have nothing personal against Thohir, I don't know him and he has an enviable financial position.

"However, this situation saddens me because I would hate to see my favourite team end up in the hands of a stranger."

But Morratti believes this latest venture will bring back the club to the forefront of the world with a new brand image for a wider audience.

"I am acting in the interest of fans. Inter can then be managed in a new, modern way. This is not about the club's survival, but a matter of innovation," Moratti said to Gazzetta dello Sport.

"Inter have to make create a greater brand image across the world if it is to have a future that is as strong as its past. Nostalgia is behind us, and I am looking to the future.

"For years Italian football won in Europe, but never paid attention beyond home turf in terms of finances, so we lost," the 68-year-old added.

"People mention debts, but the real issue is revenue. These are necessary resources and I am worried for the future of this club. An Asian club is fundamental to bring in new markets.

"It changes nostalgic habits and heralds new resources internationally, even more so than winning the treble."

The oil tycoon under whom Inter had embarked on a remarkable journey of winning one UEFA Cup, five Scudetti, four Coppa Italia, four Supercoppa Italiana, one UEFA Champions League and one FIFA Club World Cup since his takeover in 1995 has seen the club plummet down the league table in the last couple of years.


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Inter Milan
Football

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This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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