According to Il Sole 24 Ore, Inter President Steven Zhang is in talks with American funds Sixth Street and Ares Management over a new possible loan as the agreement with Oaktree Capital Management ends in June.
Zhang took out an emergency €275m loan with 12% interest from Oaktree in 2021, but the agreement will end this coming June and according to Il Sole 24 Ore, the Nerazzurri President seeks a similar deal to remain in control of the club.
The report claims Zhang has spoken to the most relevant credit fund in the market and the most proficuous discussions are currently ongoing with Sixth Street and Ares Management.
Both funds have already worked with other football clubs across Europe. In 2022, Sixth Street acquired 25% of Barcelona’s La Liga TV rights for the next 25 years, while Ares Management have recently helped Chelsea with an investment of over €460m to redevelop both Stamford Bridge and Cobham training ground.
Friday’s printed edition of Tuttosport also mentions Silver Lake, which controls a 14,5% stake in City Group, as one of the funds in talks with Zhang.
The Nerazzurri owner seems unwilling to sell the club, but will likely explain his plans for the future on October 26 during the club’s shareholders’ meeting.