US investment fund Oaktree Capital is considering bidding to purchase UK club Chelsea, continuing their football investment after a large loan to Inter last summer.
This according to Financial Times, who report that the fund are eyeing up the Premier League club, which are up for sale after their owner Roman Abramovich was sanctioned over his ties to the Russian government.
Oaktree loaned Inter €275 million last summer to ease the liquidity issues at the club resulting from owners Suning’s own debt and liquidity, and with this signalled a major interest in the world of football.
It remains to be seen where the fund will go from here with the Nerazzurri, though it has been reported that they could assume partial or total control should the club not be able to pay the loan back when it is due.
Meanwhile, Oaktree are considering a bid for Chelsea, initially on their own though they could also bid as part of a larger consortium, with the deadline for the bid being Friday.
