Inter Milan has confirmed that an agreement has been reached between LionRock Capital and International Sports Capital HK Limited to acquire their 31.05% shares in the Club. Which means LionRock Capital becomes the new minority shareholder in Inter.
The Italian giants have announced that there is an expectation that LionRock Capital will assist with the club’s activity both on and off the pitch.
Commenting on the transaction, Steven Zhang, President of FC Internazionale Milano stated: “In 2018, thanks to the efforts of the entire staff, of our management, coaching team and players, we have achieved strong results in sports performance, commercial growth, and marketing and media innovations.
“This gives us full confidence for the future development of the Club and has led to the interest of LionRock Capital. In addition to this partnership, we also look forward to establishing further global sporting and commercial relationships. Together with our partners, we continue working on our prime objective – to make Inter a top club worldwide on and off the pitch and to provide the best possible experience for millions of Inter fans.”
Daniel Kar Keung Tseung, Founder and Managing Director of LionRock Capital added: “We are very optimistic about the business development prospects of all sports-related activities and with over 110 years of history and global influence in the football area, FC Internazionale Milano has exciting future development potential. LionRock Capital will fully support Inter’s key objective to make the Club one of the world’s top football clubs both on and off the pitch.”
The Nerazzurri currently sit in third place in Serie A, 16 points off league leaders Juventus. A gap Luciano Spalletti’s side will be looking to close when they head the capital to take on Torino on Sunday.