Inter Milan has reached an agreement for Chinese investors to become its second-largest group of shareholders and invest in a new stadium.
"Internazionale Holding Srl announces that it has reached an agreement which envisages the acquisition of a stake in FC Internazionale SpA by a group of Chinese investors," a club statement read.
"The Moratti family will keep the control of the company, while the group of Chinese investors will became the second-largest shareholder.
"At the same time China Railway 15th
"In the upcoming months the parties will jointly select the potentially suitable locations, define the project team and start the filing process to obtain the required authorisations."
The deal has been done with the aim of Inter "expanding its presence in the Asian markets to raise new resources for the enhancement of its international future development and winning perspectives".
"It will be an important statement commercially, given the number of fans and the level of interest in that region."
Juventus has agreed to buy the remaining half of midfielder Kwadwo Asamoah's registration from Serie A rivals Udinese for $12.9 million.