US-based investment firm Oaktree Capital Management said on Wednesday it has “assumed ownership” of recently crowned Serie A champion Inter Milan. Inter’s Chinese owner, Suning, failed to repay a loan now worth €395 million ($428 million) that was taken out to help finance the club during the Covid pandemic. In a statement, Oaktree said: “We understand the great responsibility towards the community and the historical legacy of Inter. “We are committed to the long-term success of the Nerazzurri...
It was announced that US investment fund Oaktree have begun proceedings to take control of the Italian club.
U.S. investment fund Oaktree Capital Management said on Wednesday it has become the new owner of Italian soccer champions Inter Milan after a missed €395 million payment from the club's Chinese holding company.
Oaktree Capital Management took ownership of Italy's Inter Milan football
Oaktree Capital, an American investment group, have acquired Inter, marking the beginning of a new chapter in the club's legendary history. In fact, with Oaktree's purchase, Inter become the latest Italian team with American majority ownership. Roma, Atalanta, Fiorentina, Genoa, and AC Milan are among the others. The 2024-25 season will be the first time Oaktree Capital, an American investment group, have acquired Inter, marking the beginning of a new chapter in the club’s legendary history. ...
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Oaktree, an American investment fund, has officially taken ownership of Serie A champions Inter. That is after Suning, led by President Steven Zhang, failed to repay a hefty $411 million loan. The loan, provided by Oaktree in 2021, required full repayment and a substantial interest rate of 12% by May 21. With Suning unable to Oaktree, an American investment fund, has officially taken ownership of Serie A champions Inter. That is after Suning, led by President Steven Zhang, failed to repay a...
Inter Milan's Chinese president Steven Zhang, barring a miracle, will have to hand the club over to US investment group Oaktree today after failing to pay back $400m.
In the wake of Inter’s recent change of owners to US company Oaktree Capital, Finnish investor Thomas Zilliacus has renewed his interest in purchasing the club. The 68-year-old told Italian broadcaster TVPlay of his plans during an interview, after earlier expressing interest in the Italian football team. The new owners can expect a formal offer In the wake of Inter’s recent change of owners to US company Oaktree Capital, Finnish investor Thomas Zilliacus has renewed his interest in purchasing...
Inter Milan end their triumphant Serie A season at Verona on Sunday night in a state of limbo after the champions were taken over by US investment fund Oaktree.Fixtures (times GMT) Thursday Cagliari v Fiorentina (1845) Friday Genoa v Bologna (1845) Saturday Juventus v Monza (1600), AC Milan v Salernitana (1845) Sunday Atalanta v Torino, Napoli v Lecce (both 1600), Empoli v Roma, Frosinone v Udinese, Lazio v Sassuolo, Verona v Inter Milan (1845) td/dmc
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