OFFICIAL: LionRock Capital becomes minority owner of Inter. "We will fully support Inter, making it one of world's top clubs"
Inter have officially announced the entry of a new minority shareholder: LionRock Capital. This Hong Kong based investment fund now owns 31.05% of Inter after acquiring the shares from Indonesian businessman, former Inter majority shareholder and president, Erick Thohir. Here is a statement from Inter president Steven Zhang:
“In 2018, thanks the efforts of our coaching staff, management, and players, we achieved strong results in sports performances, commercial growth, marketing and media innovations. This gives us full confidence for future development of this organization and has led to the interest of LionRock Capital. In addition to this partnership, we also look forward to strengthening further global sporting and commercial relationships. Together with our partners, we continue to working on our top priority: to make Inter a world class club on and off the pitch and to provide the millions of Inter fans the best experience.”
“We are very optimistic about the business development prospects of sports related activities,” said Daniel Kar Keung Tseung, founder and managing director of LionRock Capital. “With over 110 years of history and global influence, Inter have exciting future development potential. LionRock Capital will fully support Inter’s key objectives to make this club one of the world’s top football clubs both on the off the pitch.”