Suning Holdings Group mentioned in a statement released on Monday (06/06) that it remains loyal to the current strategy and management team of the football club and support the growth of Inter in order to improve its competitiveness. At a press conference Suning Holdings Chairman Zhang Jindong said his company will inject a capital investment into the football club, which will enable the club to attract more quality players. Thohir added that Chinese ownership will make it easier for Inter Milan to penetrate the huge market of China where football has become increasingly popular.

As former Inter President Massimo Moratti sells his entire stake in Inter Milan, the football club will now be entirely in foreign hands: Suning Holdings Group (68.55 percent) and Erick Thohir's International Sports Capital (31.45 percent). Reportedly, Suning Holdings Group pays 270 million euros for the 68.55 percent stake in the Italian football club.