Private equity firm BC Partners is in talks to buy into Italian soccer team Inter Milan, four sources familiar with the matter said, as top investor Suning looks for resources to inject into the loss-making Serie A club.
A deal, which could value the former European champions at more than 1 billion euros , would be the latest sign of interest from private equity investors in Italian soccer.A consortium including CVC, Advent and state-backed Italian fund FSI is buying a 10per cent stake in a media company handling Serie A's soccer rights for 1.7 billion euros.
The source said BC Partners would be more of a financial investor and Suning, which would continue managing the club, would be able to buy back the stake in the future.The Chinese electronics retailer has been the majority shareholder of Inter since 2016, when it bought a 68.55per cent stake for 270 million euros.