Steven Zhang will meet with Antonio Conte as soon as he secures Inter’s financing deal, according to a report in the Italian media today.
Gazzetta dello Sport’s print edition said US-based firm Oaktree Capital had overtaken Bain Capital in the race to invest at Inter.
Inter will receive €250-300 million from that deal and they can use the money to meet their various payment obligations, including player salaries and transfer fee installments.
Suning could also buy out LionRock Capital’s 31.05% stake at Inter, before deciding to sell it to someone else as a new minority shareholder.
Once Zhang has sorted the deal with Oaktree Capital, he can dedicate his attention to Inter’s sporting plans and that will start with his talks with Conte.
Conte wants to understand what Inter’s prospects are in the transfer market, specifically how many sacrifices they might need to make in terms of player sales.
Inter are unlikely to make big signings this summer because they money they receive from Oaktree Capital will not be invested into the transfer market, the report added.
That money is needed for other matters and this means Inter will probably need to self-finance all their business.
