Inter Milan now has American owners

The Nerazzurri begin a new cycle with a change of owners/Photo: Inter Milan Press

The investment fund Oaktree Capital Managementannounced on Wednesday that he has become the new owner of the club Inter de Milanchampion of the A leagueafter a default of 395 million euros (428 million dollars) from the Chinese company Suning Holding Group.

It is worth noting that Oaktree granted a loan in 2021 to Suning, which guaranteed his shareholding in the Nerazzurri club. And after the Asians did not cancel the debt, the American company took over.

Key details

It is important to highlight that according to the negotiation scheme three years ago, the American company would assume control of the team, if non-payment of the loan plus interest occurred.

It should be mentioned that in 2018 Steven Zhang (founder and owner of Suning Holding Group) became general director of the Interista club, after the cycles of several executives such as that of the Indonesian Eric Thohir (2013-2018), Massimo Moratti (1995-2004, 2006-2013), Gacinto Facchetti (2004-2006) among others.

The next

It remains to know the different decisions of Oaktree Capital Management about who will take over as general director of the Nerazzurri and perhaps evaluate the management of the current coach, Simone Inzaghiwho has just achieved the title of the Serie A 2023-2024.

Written by: Tomás Rincón

2024-05-23 20:51:12
#Inter #Milan #American #owners

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