Inter board of directors giving Steven Zhang all powers, no more signing limit (before he cannot make signings more than €40M)

Inter board of directors giving Steven Zhang all powers, no more signing limit (before he cannot make signings more than €40M)

Tuttosport reveals a very significant change during the shareholders’ meeting that took place on Monday.

“President Steve Zhang has obtained from the board ‘all the powers, to be exercised freely and without amount limits.’ Therefore, any type of signing can be signed and approved by Steven Zhang who until October 26th had a limit for signings up to €40M. For operations up to €20M, however, the joint signature of Marotta and Antonello will have the power to complete the operations.”

Source: TS

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