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Inter Milan Club Takeover Put On Hold

Inter Milan Club Takeover Put On Hold

The takeover of Inter Milan club has been put on hold.

The club's Chinese owners, Suning, are reportedly struggling to raise the funds needed to complete the deal.

Inter Milan are in talks to be taken over by a group of investors led by BC Partners.

The deal is worth a reported €1 billion.

However, the takeover has now been put on hold due to Suning's financial difficulties.

Suning is a Chinese conglomerate that has been hit hard by the COVID-19 pandemic.

The company has been forced to sell off assets in recent months in order to raise cash.

It is now unclear when the Inter Milan takeover will be completed.

The delay is likely to cause uncertainty at the club.

Inter Milan are one of the biggest clubs in Italy.

They have won the Serie A title 19 times.

The club is also a regular competitor in the Champions League.

The takeover delay is likely to have a negative impact on Inter Milan's transfer plans.

The club is reportedly looking to sign several new players this summer.

However, the takeover delay could make it difficult for Inter Milan to raise the funds needed to complete these deals.


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