News – UK – Inter & Pirelli ends legendary £ 10 million a year kit deal that gets in the way of cashier owners


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And it ends one of the most famous partnerships in football – which dates back to the 1995/96 season

The famous black and blue stripes with the Pirelli logo have been worn over the years by Adriano and Zlatan Ibrahimovic

Pirelli managing director Marco Tronchetti Provera said: “We are in talks with (Alessandre) Antonello, (Beppe) Marotta (managing director) and other inter-directors

Inter are at the top of Serie A by four points and are well on their way to ending Juventus’ nine-year domination at home

A series of expensive transfers and the coronavirus pandemic have combined created a financial black hole in the Italian club

According to the Financial Times, the majority shareholders Suning Holdings have so far unsuccessfully negotiated a potential investment with a number of companies

Private equity group BC Partners reportedly ended talks with the Chinese owners of Inter after failing to agree on the price of an investment

And Suning’s own Chinese Super League champions Jiangsu FC shut down this week after not finding any new buyers

Suning has reportedly discussed either the sale of part of its stake in Inter, possibly at a loss, or a full acquisition with a number of companies

The Serie A team is valued at around 785 million by the group GBP, with BC Partners closer to £ 650m GBP reaches

Should a deal not be struck, the cash injection is reported to be critical to Inter’s post-summer competitiveness

Chinese giant Suning is said to be suffering from increasing debt problems at home under political pressure on companies that channel capital from the country to foreign companies

Since buying the Milan club for £ 235million in 2016, Inter President Steven Zhang, son of Suning founder Zhang Jindong, has pledged millions for the transfer market

While Stefano Sensi, Valentino Lazaro and Ionat Radu have not yet lived up to their high prices

And veterans Christian Eriksen, Alexis Sanchez, Ashley Young, Aleksandar Kolarov, and Arturo Vidal are expected to receive substantial wage packages

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News – GB – Inter & Pirelli ends the legendary £ 10 million per year kit deal that has put cash-strapped owners into the Cross comes