Inter are closing in on a €250 million deal with Oaktree Capital Management, according to a report in the Italian media today.

Tuttosport’s print edition said the US investment firm were now confident they were in pole position ahead of Bain Capital to reach an agreement with the Nerazzurri.

Inter and Oaktree are said to have held ‘very productive’ talks recently, with the idea being a loan deal worth €250 million.

Oaktree would also replace LionRock Capital as minority shareholders, with a series of clauses that would see them then become Inter’s new owners if Suning did not respect the terms of their agreement.

Inter’s talks with Oaktree and Bain Capital have also delayed the much-anticipated face-to-face meeting between Antonio Conte and Steven Zhang, the Turin-based paper added.

Conte is now expected to hold talks with Zhang over his future next week, after Inter’s final game of the Serie A season against Udinese.