INTER: SHAREHOLDERS' MEETING GIVES APPROVAL TO THE CLUB'S NEW BOARD OF DIRECTORS

Published on: 18 February 2019

F.C. Internazionale Milano S.p.A. today approved a new composition of the Club’s Board of Directors at a Shareholders’ Meeting held at the San Siro stadium in Milan, following the entry earlier this year of LionRock Capital as the Club’s second-largest shareholder with a 31.0 percent holding.
 
Daniel Tseung and Tom Pitts of LionRock Capital are appointed to the board effective immediately. The first meeting of the new Board of Directors was duly conducted following the Shareholders’ Meeting.
 
Steven Zhang, President of FC Internazionale Milano, said: “Since the beginning of this fascinating journey our intentions were made clear, to take Inter and make it one of the most prestigious and successful clubs in the world. After two and a half years, we have made important steps forward in our project achieving strong results on the pitch and off the pitch. The interest of LionRock Capital, such a reputable institution, is proof that we are taking this project in the right direction. Today, we are proud to formally welcome LionRock Capital into the Inter family as our new shareholder. Together, we will win, entertain, inspire and connect people, providing the best possible experience for the millions of Inter fans around the world.”
 
Daniel Tseung, Founder and Managing Director of LionRock Capital, commented: “It is an honour to have been nominated to the Board of Directors of FC Internazionale Milano along with Tom Pitts. At LionRock Capital we are very optimistic about the business development prospects of all sports-related activities and in particular, we believe that FC Internazionale Milano has strong future development potential. We will fully support the Club in their objective to become one of the world’s top football clubs."

(Photo Getty Images)

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Source: legaseriea.it

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