Oaktree May Have A Powerful Say In Any Inter Takeover After Summer Investment, Italian Media Report

Oaktree May Have A Powerful Say In Any Inter Takeover After Summer Investment, Italian Media Report
October 14, 2021 16:00
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Oaktree Capital Management Group could have much more of a prominent role in Inter’s financial future than many initially expected, according to a report in the Italian print media today.

As has been reported by Libero, the agreement that Suning struck with the American hedge fund management company in the summer to essentially bail out the club could see them hold a lot of power when it comes to a potential sale of the Nerazzurri.

Suning does not hold the sole decision making power when it comes to the club’s future now because of the $275 million loan that was agreed with Oaktree Capital Management. This injection of cash means they hold sway over what Suning does with the club next.

The Saudi Arabian Public Investment Fund are supposedly keen on buying the club but Suning wants €1 billion. They may have to involve Oaktree in changing that asking rice of the pressure to sell becomes too intense.

By Euan Burns

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