Inter Milan: handover of the club to Indonesian billionaire Erick Thohir expected after mid-August

The handover of the majority of Italian club Inter Milan's shareholding by its current President Massimo Moratti to Indonesian billionaire Erick Thohir should occur after mid-August, numerous and consistent Italian sources indicate, on the 06/08/2013.

Erick Thohir could pay 300 to €350 million to acquire 65% of the club's shareholding.

"For years Italian football - and I must take a fair share of the blame - won on the pitch in Europe, but, in financial terms, we played entirely at home. And we’ve lost," Inter Milan president Massimo Moratti told 'La Gazzetta dello Sport' daily newspaper, on the 03/08/2013.

"Italian football has been living off money from TV rights and impressive transfer dealings. But today we find ourselves unable to create a system. We have outdated stadia, no format that can realistically attract world-wide interest. Building a solid market outside Italy is a long process. A difficult and costly process. And we are up against tough opposition. The arrival of a shareholder from Asia, for example, makes that market much more approachable, more than the club's triple…