Inter Milan

Chinese private-equity fund LionRock Capital has acquired a 31.05-per-cent stake in Inter Milan, with the deal ending the interest of former owner, Erick Thohir, in the Italian Serie A football club.

Inter Millan and AC Milan have signed a memorandum of understanding to work together on a new ‘state-of-the art’ stadium.

Juventus has terminated its contract with chief executive Giuseppe Marotta, who has been widely linked with a management role at rival Italian Serie A football club Inter Milan

Erick Thohir, the chairman of Italian giants Inter Milan, is reportedly close to completing the purchase of English football side Oxford United.