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Erick Thohir to sell majority share of Inter, Italian press reports

Related Topics: Inter Milan, Erick Thohir, Italy

Following a story from the Italian news outlet La Stampa, Sky Sports Italy is reporting that Erick Thohir, Majority Owner of Inter Milan and Managing Partner of D.C. United, will share his majority stake of Inter to the Suning Group, a business consortium based in China. Per the report, Suning will purchase between 60 and 70% of the club at a valuation between 600-700 million Euros, or $660-775 million dollars, which would definitely be a profit on the allegedly $250 million that Thohir bought the team for in 2013.