Chinese Retailer Suning Purchases Controlling Stake In Italy’s Inter Milan Amidst China’s Ongoing Overseas Football Investment Boom

Posted by Christopher Ledsham
On 8th June 2016
football, overseas investment, sport, Suning, Xi Jinping, Zhang Jingdong

Nanjing-based retail giant Suning Commerce Group announced on Monday 6th June, 2016 that it has acquired a 69% controlling stake in Italian football club F.C. Internazionale Milano (commonly referred to as Inter Milan) for USD 307 million. Following the buyout of other top European clubs by wealthy investors from a number of countries such as […]