HONG KONG — The new, high-rolling Chinese owner was supposed to return Inter Milan to its glory days. After five years of investment, the storied Milan soccer club is within striking distance of its first Italian league title in a decade. Suning, an electronics retailer that is the club’s majority owner, is strapped for cash and trying to sell its stake. Inter Milan has held talks with at least one potential investor, but the parties couldn’t agree on a price, according to others with knowledge of the negotiations. The company abruptly shut down its domestic team four months after the club won China’s national championship.

Source: International New York Times March 16, 2021 15:32 UTC