All the VIPs at Silvio Berlusconi’s funeral: Giuseppe Marotta and Steven Zhang
Inter at Oaktree, the true intentions of the US fund and the rumors of immediate transfer
Inter is no longer owned by Suningthe Nerazzurri club advanced to the bottom at the stroke of midnight Oaktree. The Zhang era that began in 2016 ends. The new owner is a US financial giant with 190 billion assets managed which in 2021 lent the Chinese dynasty, founders of the Suning group, 275 million, essential to maintain control of the team in a phase of strong financial tension. The three-year loan – reports Il Fatto Quotidiano – is rose to 375 million thanks to a stellar rate of 12% and had to be returned by midnight yesterday. Today Oaktree will enforce the lien on the shares of the Luxembourg holdings with which the Zhangs control Inter, gaining a majority in the club’s capital, exactly as happened in 2018 with the passage of Milan to the American fund Elliott creditor of the mysterious Chinese rider Li Yonghong who had taken it over from Silvio a year earlier Berlusconi.
There are those in financial circles, however, who believe Oaktree might have just a brief parenthesis as a shareholder of the club and that a buyer could be materialize in a short time. Some investors would have knocked on the Californian fund in recent days. It is difficult to make predictions from the point of view of technical management, but it is obvious – continues Il Fatto – that it will come management confirmed technique, starting from CEO Beppe Marotta, who has led the club in recent years, most recently even in the absence of Zhang, stuck in China. And you should continue with the transfer market more or less with zero balance thanks to sales. It will be better understood at the end of June, with the closing of the budget. A loss of 30-50 million is estimated, already covered for 20 by Zhang. If Oaktree wanted to clear it, it could require an excellent sale. The forecast remains at end next year on a positive note.
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