Home » today » Sport » Inter, over 250 million euros from Oaktree: a loan is denied (for now) the sale of shares | First page

Inter, over 250 million euros from Oaktree: a loan is denied (for now) the sale of shares | First page

Oaktree Capital Management has granted a loan of over 250 million euros for Inter. Through Great Horizon, Suning’s subsidiary, who will then turn the money into the coffers of the Nerazzurri club. Thus solving the most imminent liquidity problems, so as to be able to meet all the deadlines to close this season and guarantee registration for the next championship, also paying the arrears wages. At this point from tomorrow onwards any day can be the good one for the confrontation between the president Steven Zhang and the coach Antonio Conte, who asks for clarity before dispelling the doubts about his future in Milan.

THE YELLOWThe official press release speaks of a “shareholder financing transaction”. Yet Inter then made it known that it was only a loan, denying that Oaktree had acquired 31.05% of the shares of the Nerazzurri club in the hands of LionRock. The current situation is this, but it is not certain that it cannot change in the future. Indeed Zhang is expected to repay this loan by repaying the money with interest in multiple installments over the next three years. If he does not meet the deadlines, the Chinese president would gradually lose a percentage at a time of the shares of Inter (not all together) pledged to the Americans of Oaktree.

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