Italian Journalist Carlo Festa: “Inter’s Denials About The Sale Are Curious”

MILAN, ITALY - JANUARY 19: FC Internazionale president Steven Zhang looks on during the Serie A match between FC Internazionale and US Sassuolo at Stadio Giuseppe Meazza on January 19, 2019 in Milan, Italy. (Photo by Emilio Andreoli/Getty Images)

Italian journalist Carlo Festa has suggested that Inter’s denials about a potential sale of the club are very unusual, according to a report on social media. 

As was tweeted by the Il Sole 24 Ore journalist who has been covering the ownership situation at Inter very closely in recent times, the suggestion that Steven Zhang’s trip to America was for personal reasons is unusual.

The Inter President has been in California and many feel it is to discuss the sale of the club with American investors such as the Oaktree group who already owns a large share of the club.

“Seeing Inter’s denials on the sale reported today is curious. It is the shareholder who decides on the sale, not the subsidiary. And on closer inspection in this case, the shareholder responds to decisions made higher up.

Observation, but it never occurred to anyone that Zhang is in California not to talk to buyers, not even for vacations or personal matters. But because Oaktree is based in California, that is the hedge fund that lent €275 million to Inter with double-digit interest.”

Inter has insisted that the Chinses businessman has been in the USA for personal reasons rather than business ones.

He will be heading to Milan very shortly where he will turn his attentions to Inter’s Supercoppa Italiana match against Juventus and the renewals of club executive contracts and some players like Marcelo Brozovic.