Inter will no longer have off-field distractions to worry about as they hunt down the Serie A title, according to a report in the Italian media.
Tuttosport’s print edition reported that owners Suning had found the money they needed to reach the end of the season, having secured a €250 million loan from Goldman Sachs.
The loan enabled the Nerazzurri to complete their necessary payments ahead of today’s UEFA deadline, such as the €14 million instalment due to Real Madrid for Achraf Hakimi.
Inter could yet be sold (at least in part) to either BC Partners or Saudi Arabia’s Public Investment Fund (PIF), but Suning will now postpone all talks until the summer while Antonio Conte’s side bid for glory.
Suning reiterated their financial commitment to Inter during yesterday’s board meeting, but they are still prepared to sell the Nerazzurri if someone were to offer €1 billion.
Before agreeing a loan deal with Goldman Sachs, the Turin-based paper explained, Suning had also been in talks with Fortress Investment Group and King Street Capital Management (another US-based group).
Goldman Sachs is helping Suning seek a new shareholder after already being involved in the move to take out two bonds worth €375 million last year.
Inter remain in limbo ahead of next season, the report warned, meaning news of the loan should not be celebrated.
