Corriere dello Sport have examined the speculation concerning China’s richest man, Jack Ma, investing in Inter. “The rumours circulating over the weekend that indicated Jack Ma through his equity fund, Yunfeng Capital will be the possible new partner of Suning in place of Erick Thohir, have seen a drastic reduction,” the report reads. Yesterday, Alibaba’s vice president of communications denied any knowledge of the situation but the Rome based newspaper believe this to be a facade. “It could be an obligatory stance, considering that the eventual operation has yet to be completed, but it can not be ignored. “After all, the rumours have blossomed precisely because of the close link that exists between Jack Ma and the Zhang family, as well as Suning and Alibaba, who also use the Yunfeng Capital fund for investment and financing operations. The report concludes by suggesting when a deal could be completed. “It is only a matter of waiting, given that the sale of Thohir shares should take place within the first half of February.”
Chinese billionaire Jack Ma could potentially begin investing in Italian top flight football club Inter Milan as early as February. The two sides have been negotiating for a potential deal to bring the former Manchester United and Real Madrid star back into Italy, but it is understood that talks are at an advanced stage with both parties keen With previous partner Erick Thohir set to sell his shares in February, it is likely that Jack Ma, through his equity fund Yunfeng Capital, will become the replacement.