The point on Inter’s corporate future: Suning will have to repay the loan made to Oaktree, otherwise the fund will take control
“It’s not our plan, but who knows.” These are the words spoken during the Business of Football Summit organized by the Financial Times by Alexander Canomanaging director for Oaktree Global Opportunities, on a possible settlement of the American fund as owner of Inter.
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Suning has in fact asked for a loan from Oaktree which will be repaid by 2024. Corriere dello Sport explains: “Everything will depend on the ability, at the end of the three-year period, of the Nanjing giant to repay the amount plus interest: if this does not happen , as Elliott took Milan from Yonghong Li, Oaktree would also take Inter from Zhang, a hypothesis that at the moment does not seem likely, but as Cano said … who knows.
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Certainly, Suning would find it convenient to find at least one minority shareholder to take over LionRock’s shares. The topic is now less in the media than a few months ago, but Goldman Sachs has not stopped looking for the right investor. Meanwhile, the Oaktree fund is happy with the choice made (“We have entered the right way in this sport that has room for growth”) and also with the construction of a new San Siro “.
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March 4, 2022 (change March 4, 2022 | 08:00)
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