Steven Zhang has just over 12 months to pay back the €275m debt he owes US fund Oaktree, and the Inter president has a plan.
The Nerazzurri are in a delicate financial position and much has been written about their economic future, with reports suggesting that the club could find minority investors, a possible buyer or sell off some first team players in the summer.
In May 2021, Inter took a €275m loan from US fund Oaktree, agreeing to pay back the sum before May 2024. With just over a year to go until the deadline, fans have started to grow increasingly concerned.
As reported by La Gazzetta dello Sport, Zhang has no interested in selling Inter and so has developed a plan to resolve the €275m debt with Oaktree.
The Nerazzurri president has been in close contact with Goldman Sachs and is looking to refinance the debt, a complicated but important move that’ll help resolve the situation.
Should the debt not be refinanced and Zhang fail to pay back Oaktree, the US fund would be able to take over shares in the club.