Chinese group now 2nd-largest Inter stakeholders
Published
Aug. 2, 2012 4:57 p.m. ET
foxsports
A group of Chinese investors has bought a stake in Inter Milan to become the second-largest shareholders of the Serie A giant.
Club president Massimo Moratti said Thursday that ''I am extremely happy with this deal,'' which ensures his family retains control of Inter.
Inter announced the deal in a statement late Wednesday in which it also revealed that an agreement has been reached with China Railway Construction Corp to build a new stadium by 2017.
The club has shared the San Siro with AC Milan since 1947.
ADVERTISEMENT
Moratti says ''it's now a very real plan ... now we must find the right location, see what can be done, and in a few years' time the fans will have their own home, just for them.''
share