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Business News/ News / World/  Inter Milan chairman Moratti says deal signed on stake sale
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Inter Milan chairman Moratti says deal signed on stake sale

Moratti family were reportedly negotiating sale of 70% stake to Indonesian businessman

Massimo Moratti says he has signed final documents for the sale of the team. Photo: Giuseppe Cacace/AFPPremium
Massimo Moratti says he has signed final documents for the sale of the team. Photo: Giuseppe Cacace/AFP

Massimo Moratti, chairman of the FC Internazionale Milano soccer club, said he has signed final documents for the sale of the team.

In comments to reporters posted on the team’s website, Moratti said a statement will be released soon. He didn’t give additional details nor identify the buyer.

Moratti said on 20 September that he was discussing a sale of the team to Indonesian businessman Erick Thohir. Italian newspapers including Corriere Della Sera have reported previously that the Moratti family was negotiating the sale of a 70% stake to Thohir. Bloomberg

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Published: 15 Oct 2013, 05:59 PM IST
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