Inter Milan Chairman Moratti Says Deal Signed on Stake Sale

Massimo Moratti, chairman of the FC Internazionale Milano soccer club, said he’s 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 Sept. 20 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 percent stake to Thohir.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE