One of Italy's leading football teams, Inter Milan, sold 15 shares to China Railway Production Company for 67.6 million dollars. At this price, the company value of Inter, 18, once the league champion, corresponds to 500 million Euros.
In a statement published on its website, Inter stated that 2017 will build a stadium with a capacity of one thousand people, which will be completed at 60, with revenue from the sale of shares. Inter is currently playing for their match rival AC Milan's San Siro Stadium.
Inter Milan's President Massimo Moratti had been looking for capital for a while to talk to investors to improve the financial situation of the team.
Inter has already earned 2011 million euros in 268, while 86 has lost a million euros. Inter, which is one of the most damaging teams in Europe, aims to increase its revenues by having its own stadium. Inter hopes to overcome financial problems.
THE MOST FREEDOM SHARES ARE IN THE MORATTI FAMILY
The majority of Inter shares are owned by the Moratti family and Pirelli has a small number of shares.
LAST CUP TWO YEARS BEFORE
The team won the Italian cup last 2 years ago and in the same year they had won the Champions League champion after completing the championship of Serie A.