Newcastle owners closer to completing Inter Milan takeover

Saudi Arabia’s Public Investment Fund remain in talks with Suning about buying Inter Milan.

The International Business Times reports PIF – who already purchased Newcastle United – will buy Inter from Suning for $1 billion (€884.109m) over the next few days.

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It’s suggested the deal is already done and the paperwork will arrive at the Inter headquarters over the next few days.

Suning have been seeking a buyer for Inter for much of the year due to the Chinese company’s debt problems.

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The deal with PF would be worth €890m.

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