No one invested like Suning: 370 million since June 2016

No one invested like Suning: 370 million since June 2016

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In the Gazzetta dello Sport today, there is an article looking into how teams finance in Serie A. On the very top of these investments, there is Suning of Inter. The group of Zhang Jindong, with a turnover of 60 billion, has invested a massive amounts of money into Inter to cover losses, player signings and current spending: 142 million from capital increase approved at the end of June 2016 and a series of loans and deposits in the following months, which at the moment amounted to about 230 million for total contribution of over 370 million. No owner in Serie A has gone to this extent with their club.

Source: GdS

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