October 2, 2022

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Football, Serie A – Oaktree does not want Inter ownership: Zhang family forced to sell?

Important news about Inter’s future. As I mentioned sun 24 hoursrumors about the potential began to spread again Reorganize the post From the Nerazzurri club, and from London comes the news that Oaktree wouldn’t want to repeat what Elliot did With the city’s other club, Milan. California Fund, which recently secured about 275 million euros In the form of a loan – at 12% interest – through Suning subsidiary Great Horizon in which the Chinese group owns the majority of the club with 68.55% of the shares, does not want substantially become owner For the club, in possible enforcement of the pledge.
pre-existing May 2021At the time of financing, it was clear that the use of Inter shares as a pledge For finance means that, So by 2024 Suning did not respect the criteria or failed to repay the full amount of the loan (with accrued interest), Oaktree would acquire the majority of the Nerazzurri Club, becoming its owner. However, this option appears to have been previously ignored by the California Trust, thus opening only one potential path for the Zhang family: club sale to pay off the debts incurred.

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In the market, for a few days, there has been talk of a certain fermentation of the American bank Goldman Sachs, which is about to send a teaser to potential investors. (confidential document, editor) related to Inter. Zhang family, in the summer, Hallway owner denied From Nerazzurri, but in the meantime from London there are rumors about the creditor Oaktree, who would not be willing to repeat what Elliott did with Milan. So the Californian investor does not want to become the owner of the club, in the context of a possible fulfillment of the pledge. At this point, it was the only card available to Zhangs, to pay off debtsand the The future sale of the team“.

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