The UFABET report that Inter Milan president Stephen Zhang has traveled to California to offer the club to Sacramento Kings owner Vivek Ranadiwe.
It was previously reported that Suning Capital Group It is considering selling Inter at a price of 1.2 billion euros. And has ordered Goldman Sachs to look for a buyer.
Now they seem to be one step closer to selling the team. When the latest reports say President Zhang decided to fly to the United States himself to talk to Ranadiwe, Ranadiwe
, a 64-year-old Indian-American, started out as a software business. and entered the sport in 2010 by becoming a co-owner of the Golden States Warriors.
This week, reports emerged that the Nerazzurri’s management met with Goldman Sachs representatives to discuss selling the club. The investment bank have seemingly been given a mandate to help find a new buyer for Inter. Something that seemingly must be completed before the deadline for the €275m loan taken from US investment fund Oaktree kicks in.
Then in 2013 he sold his stake in Golden States and acquired a majority of the shares. Sacramento Kings set to take over as chief executive
Ranadive was also linked with AC Milan. Before the Red Bird group took over the “Black Devils” for 1.2 billion euros
, the report said. Suning Capital Group I’ve always had financial problems. And there are 20 months left to pay off the 275 million euros borrowed from US equity groups. with 12 percent interest