Inter Milan, one of Italy's leading football teams, sold a 15 percent stake to the China Railway Construction Company for $ 67.6 million. With this price, the company value of Inter, which is 18 times league champion, is equivalent to 500 million Euros.
In a statement published on its website, Inter stated that it will build a stadium for 2017 thousand people, which will be completed in 60, with the income from the sale of shares. Inter are currently playing their matches at the San Siro Stadium of their arch rival AC Milan.
Massimo Moratti, President of Inter Milan, has been looking for capital by meeting with investors for a while to improve the team's financial situation.
Although Inter earned 2011 million Euros in revenue in 268, it had a loss of 86 million Euros. Inter, one of the most damaging teams in Europe, aims to increase their income by gaining their own stadium. Inter hopes to thus overcome his financial problems.
THE MOST FREEDOM SHARES ARE IN THE MORATTI FAMILY
The majority of Inter shares are owned by the Moratti family, while Pirelli also has a small number of shares.
LAST CUP TWO YEARS BEFORE
The team, which won the Italian Cup 2 years ago, succeeded to become the Champions League champion after completing Serie A in the same year.
Source: NTVMSNBC
Be the first to comment