Indonesian businessman Erick Thohir has signed on Tuesday contract with which he took the majority of shares of Inter and thus became the second foreign owner of the club in Serie A.
“Everything is signed,” said president of Inter Massimo Moratti.
The contract on the ownership over 70 percent of shares is worth 350 million euros.
The first club in Serie A to sell the majority ownership to a stranger was Roma in 2011, when a group of American businessmen took over the club.
Thohir is partially owner of the football club DC United, as well as NFL club Philadelphia.
It remains unclear whether Moratti, who has been the president of the club since 1995, will continue to run it.
Inter, in its history, won 18 trophies in Serie A and three European Championships.