MILAN (AP) — A group of Chinese investors has bought a stake in Inter Milan to become the second-largest shareholders of the Serie A giant.
Club president Massimo said Thursday that “I am extremely happy with this deal,” which ensures his family retains control of Inter.
Inter announced the deal in a statement late Wednesday in which it also revealed that an agreement has been reached with China Railway Construction Corp to build a new stadium by 2017.
The club has shared the San Siro with AC Milan since 1947.
Moratti says “it’s now a very real plan … now we must find the right location, see what can be done, and in a few years’ time the fans will have their own home, just for them.”
