Football: Indonesian tycoon on way to buying 70% stake in Inter, say reports
MILAN (AFP) - Inter Milan are edging closer to a deal with Erick Thohir that would see the Indonesian tycoon acquire a majority share in the Serie A football giants, reports said on Thursday.
The businessman has been linked with a takeover of the Italian club since last season, which Inter finished in a disappointing ninth place, failing to qualify for European competition in the process.
Inter president Massimo Moratti and Thohir met twice, in May and June, this year but failed to reach agreement.
But reports in La Gazzetta dello Sport newspaper on Thursday said the pair had held talks in Paris this week and had made "significant progress" towards signing a deal that would see Thohir acquire a majority 70 per cent stake.