In the height of summer, Saudi Arabia's soccer scene has made waves again, bringing in first-rate star players at a cost that has caught the attention of the global soccer world. Middle Eastern wealth is once again showing its ambition, setting its sights on Europe's top soccer clubs. According to the Italian newspaper Sport Turin, a mysterious fund in the Arab region plans to spend 1.3 billion euros (about 10.8 billion Hong Kong dollars) to buy Serie A giants Inter Milan.
Inter Milan's financial situation has not been optimistic in recent years, the 2021/22 season is a loss of 140 million euros, debt up to 350 million euros. In this context, the majority shareholder Suning Group has the intention to sell Inter Milan, has commissioned a U.S. bank to look for potential buyers. At this time, the Arab region fund initiative to 1.3 billion euros to buy Inter, than last year's AC Milan sold to the U.S. consortium amounted to 100 million euros higher.
Given that Inter Milan has outperformed AC Milan in recent years, including the excellent performance in the last UEFA final, it makes sense that the Middle East fund would be willing to buy the "Blue and Black Army" at a high price. Currently, Inter's management is seriously considering this tempting offer.
