Inter confirm sale to ISC

Inter Milan announced on Tuesday afternoon the sale of the Serie A club to International Sports Capital.

Last Updated: 15/10/13 at 16:32 Post Comment

Latest Articles

Manchester United and PSG agree fee for Angel Di Maria

Post comment

Manchester United have agreed to sell Angel Di Maria to Paris St Germain for 63million euros.

Angel Di Maria poised for medical ahead of move to PSG

3 comments

Manchester United's Angel Di Maria is expected to undergo a medical in the next 24 hours ahead of a move to PSG.

All Articles

Inter Milan will begin a new era under foreign ownership with Indonesian company International Sports Capital having purchased a majority stake in the Serie A club on Tuesday.

The Nerazzurri club announced they had reached a binding agreement over the sale of a 70 per cent stake of Inter to ISC, led by Indonesian billionaire Erick Thohir.

Italian businessman Massimo Moratti, who has owned Inter for the last 18 years, is set to remain with some role within the club and keep a 30 per cent stake.

"Today is a truly special day in my life," Thohir told www.inter.it.

"I am honoured that Mr Moratti has entrusted me with the responsibility to lead Inter into the next chapter, and I am excited to have him continue in the future as my partner.

"I am an entrepreneur, but first of all I am a supporter and a sports lover."

Inter becomes the second Serie A club to be foreign-owned - Roma are controlled by an American consortium since May 2011.

Thohir is part-owner of the NBA's Philadelphia 76ers as well as the owner of two basketball teams in Indonesia, and is a part-owner of Major League Soccer club DC United.

"I cannot wait to put our passion and international experience at the service of this fantastic club and its supporters," 43-year-old Thohir said.

Moratti's family have owned or been directors at Inter for nearly half a century.

He bought the club in 1995 from Ernesto Pellegrini, following in the footsteps of his own father Angelo, who owned Inter from 1955 to 1968, during the side's 'golden age'.

The Milan-based club have won the league title 18 times, five under Massimo Moratti, and have also lifted the European Cup on three occasions.

"The job done by the Moratti family, from Angelo's great Inter to Massimo's treble record, has made Inter one of the most respected clubs in the world, for their prowess on the pitch as well as their involvement in the community," Thohir said.

Since winning the treble - Champions League, Serie A title and Coppa Italia - in 2010, the club have seen a huge overhaul of players and backroom staff to cut down costs.

Inter endured a disappointing campaign last season which saw them finish ninth in Serie A and miss out on European football this term.

"I think Inter's history is going to be enriched by a new season thanks to our new international partners who, I am sure, will contribute to a continued string of successes," Moratti told www.inter.it.

"The new partners' enthusiasm and pragmatism are certainly a guarantee for the future."

Inter have a board meeting scheduled for October 28 which will be led by Moratti.

Moratti said he did not know whether the formalities of the takeover would be completed in time for that meeting, or whether an extraordinary meeting would be required thereafter to confirm the new board.

Inter lie fourth in Serie A, seven points behind league leaders Roma after seven games, and play at Torino on Sunday.


New Sky Bet customers: Claim free £5 bet every week


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Angel Di Maria poised for medical ahead of move to PSG

Manchester United's Angel Di Maria is expected to undergo a medical in the next 24 hours ahead of a move to PSG.

Mourinho plans to manage into his 70s

Chelsea boss Jose Mourinho believes he is a better manager than he was 10 years ago - and he wants to continue until he's in his 70s.

Mesut Ozil set to shine for Arsenal, says Arsene Wenger

Arsenal boss Arsene Wenger expects Mesut Ozil to be one of the Premier League's leading stars during the 2015-16 season.

Mail Box

Neville Has It Wrong On Chelsea...

One Mailboxer says that the Neviller has it slightly wrong on Chelsea. Plus thoughts on sexy Saints, pre-season reviews, Connor Wickham and televised analysis...

De Gea Disrespectful? Remember RVP...

We got dozens of mails from people pointing and laughing at Brian D for suggesting David de Gea has acted disrespectfully; we printed some. And there's more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company