Massimo Morrati sells majority stake in Inter Milan - report

Claudio Villa

Big news is coming on the Inter Milan front. Long-term owner Massimo Moratti has supposedly been looking for a purchaser for some time and now he's found one. According to quotes from Football-Italia, Moratti confirmed to reporters that a deal to sell 70 percent of the club to Erick Thohir is in place:

Everything has been signed, in a few hours there will be a press release.

Satisfied? Yes, this has been a long time, but eventually we have gotten there, everything seems to be in balance.

On the role of president, that does not have to be decided yet, but it will depend only on me. There is all the love, but also the relief of leaving the club to respectable people in terms of their character.

Now I will try to adapt to a new rhythm.

What this means for the club after 18 years under Moratti is unclear. Under his tenure, Inter have had plenty of ups and downs -- the high point, of course, being the 2010 Champions League victory over Bayern Munich -- and his investment into the squad has seen numerous superstars come and go. Thohir's reign may not be much different: the 43-year-old has ownership experience with the Philadelphia 76ers and Major League Soccer's DC United, but we'll have to wait and see what the new Inter Milan ends up looking like.

Thohir is, according to the Guardian, paying £300 million to acquire the 70 percent stake.

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