Oaktree are on the cusp of taking control of Inter as the clock ticks on the debt deadline and no sweeping changes are planned by the US fund.
Nerazzurri president Steven Zhang and Suning need to pay circa €395m by the end of May 21st, having an extra day than originally planned due to a bank holiday in Luxembourg, where the holding company is based.
With Zhang using Inter as collateral for the initial €275m loan back in May 2021, Oaktree would take control of the club should the debt not be repaid by the end of Tuesday, something that seems incredibly likely at this stage after the president failed to find a solution.
Inter under Oaktree
Page six of today’s Gazzetta dello Sport details how Oaktree want to maintain consistency once they take control of Inter, keeping CEO Beppe Marotta at the centre of the project, appreciating his impressive work.
Changes will come with the board of directors, which’ll be replaced with those linked to the US fund, and a new president will be appointed to replace Zhang. Everything is expected to change within the next 20 days, allowing the club to then start working towards the summer transfer window.
Inter should get more financial stability! Forza Inter!