Inter set for new stadium

Inter Milan will move to a new stadium within the next five years courtesy of their new Chinese investors.


The injection of capital by the China Railway Construction Corporation seems to be focused on helping Inter build a new ground to help them move away from the ageing San Siro.

President Massimo Moratti remains the club's majority shareholder, but the Chinese businessmen are now second largest shareholders in Inter.

"Internazionale Holding S.r.l. announce today that it has reached an agreement that provides for the entry of a group of Chinese investors of capital in FC Internazionale Milano SpA,” said a statement on the club's website.

“The Moratti family will continue to maintain control of the company, while the Chinese investors will become the second largest shareholder.

“At the same time, China Railway 15th Bureau Group Co., Ltd., a subsidiary of China Railway Construction Corporation, and FC Internazionale Milan SpA have teamed up to build a new stadium by 2017.

“In the coming months by mutual agreement areas to potentially involve will be identified and the necessary procedures for permission will be started.

“To ensure adequate representation of the new shareholders, joining the Board of Directors of FC Internazionale Milano SpA, starting from October, are Kamchi Li, Kenneth Huang and Fabrizio Rindi.”

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