The Newcastle sheikh wants to buy another club in Italy

The world of football suffered an earthquake this past week with the acquisition by the Saudi fund PIF, owned by the Royal House of Saudi Arabia, of Newcastle United. But the landing of the billionaire in Europe seems not to be only in the Premier League and England but also intends to make his stop in Italy, in the A league. According to the newspaper Free, these same investors and already owners of the magpies are interested in acquiring the Italian champion: the Inter de Milan.

The new great rich of European football, with the Saudi crown prince Mohammed bin Salman at the head, would have already had a meeting with intermediaries or leaders of the Inter de Milan to deal with the club purchase Nerazzurri. Apparently, there would be reciprocity on the part of the familia Zhang, owner of the Italian champion, and there was talk of an initial price of 1,000 million euros for the purchase of the club.

The Saudi fund, along with PCP Capital Partners and RB Sports&Media, has already disbursed 350 million euros to take control of the Newcastle, currently ranked 19th in the Premier League. But the ambition and impudence of the new owners of the magpies go further, much further. Now they focus on the A league and nothing more and nothing less than the champion. The figure to acquire is around 1,000 million euros. It should be remembered that the Chinese firm Suning acquired 68.55 percent of the club for 270 million euros in 2016. Since 2018 its president is Steven Zhang, only 29 years old. The remaining percentage is owned by LionRock Capital (31,05%), Pirelli (0.37%) and minority shareholders (0.03%).

The meeting between both parties, according to the aforementioned newspaper, took place this past September coinciding with the visit of the Real Madrid to the San Siro Stadium for the dispute of the first day of the Champions League. It was then that the first contacts were made and where that round ten-digit figure slipped. A few weeks later, the agreement for the purchase of the Newcastle with Mike Ashley, which lasted around a year and a half due to the difficulties that the Premier League, which saw its business model in jeopardy.

The rumor mill about the transfer market with the Newcastle It has already skyrocketed just a week after your purchase. The big clubs have seen an opportunity to place those stars without a place in their teams and names like Mariano Díaz or Philippe Coutinho have already sounded strong to reinforce this summer to the magpies. In addition, it has been made public that it will have a margin of at least 200 million euros to be able to invest in this next market without skipping the Financial Fair Play.

The financial problems of Inter de Milan In recent months they have been notorious, especially after the strong impact suffered by the economic crisis derived from the pandemic. In fact, since last January rumors have been heard about the possible sale of Inter Milan by the giant Suning, exploring the market and attentive to possible new investors who will provide the club with greater financial power. This summer he was forced into major sales such as those of Romelu Lukaku and Hakimi Achraf. In September they signed an agreement with Zytara Labs and its blockchain chain DigitalBits worth 85 million euros entering the world of cryptocurrencies.

The arrival of Mohammed bin Salman al Inter from Milan could generate an even bigger hurricane in the A league, since it would go directly to a top-level club in the Italian championship and would be a headache for the rest of the big clubs such as Juventus, Milan O Roma. The English market would not be the only one that would break down and another new great power would emerge, this time, from Italy.

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