Italian Journalist Marco Bellinazzo: “Inter’s Debt With Oaktree Could Lead To An Ownership Change”

Italian Journalist Marco Bellinazzo: “Inter’s Debt With Oaktree Could Lead To An Ownership Change”
May 6, 2022 12:00
( )

Italian journalist Marco Bellinazzo has said that the loan Inter have from Oaktree could eventually lead to a change of ownership at the club, according to a report in the Italian broadcast media.

Speaking during a broadcast on Radio Nerazzurra which is part of L’Interista, Inter have been fixing their financial situation with the latest sponsorship and loan operations that Suning have been undergoing.

“Inter have made their coffers financially secure with the latest operations related to their debt, their loan.”

Part of how they have done this is by taking out a sizeable loan from Oaktree Capital Management. That loan is paid back in instalments but crucially it is an obligation of the Suning company rather than of the club itself.

This means that if Suning are unable to pay that money back to the American company, it is they who will suffer rather than the club itself. They will be forced to sell Inter in order to then pay their debts.

“The Nerazzurri have a very high debt with respect to which there is a problem of annual costs worth €30 million, and from what we know, this indirect debt with Oaktree, which does not weigh on the coffers of the club but of the company, could lead Inter to change ownership should the payment of Suning not be honoured.”

By Euan Burns

Lautaro Martinez, Edin Dzeko & Federico Dimarco To Start For Inter In Serie A Clash With Roma, Italian Broadcaster Reports

September 28, 2022 21:30
( )

Lautaro Martinez and Edin Dzeko are likely to start for Inter in attack in Saturday’s Serie A clash with Romal, whilst Federico Dimarco will start…

Rossoneri President Paolo Scaroni: “Inter & AC Milan Made Memories In San Siro But We Need Modern Stadium To Compete”

September 28, 2022 21:00
( )

AC Milan President Paolo Scaroni feels that Inter and AC Milan have the right to decide on their futures even if this means demolishing the…

Milan Mayor Beppe Sala: “Time To Finally Make A Decision On Inter & AC Milan’s New Stadium Plans, I Won’t Weigh In On Public Debate”

September 28, 2022 20:30
( )

Milan Mayor Beppe Sala feels that now that the public debate regarding Inter and AC Milan’s plans to construct a new stadium is finally set…



to our newsletter