Suning Will Inject €110M Into Inter From The Oaktree Loan, Italian Broadcaster Reports

Suning Will Inject €110M Into Inter From The Oaktree Loan, Italian Broadcaster Reports
September 29, 2022 20:30
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Suning are set to inject €110 million into the club from the Oaktree Capital Group loan to help keep things at Inter in check, according to a report in the Italian broadcast media today. 

As has been reported by Sport Mediaset, via FCInternews, the cash injection that is coming into the club from the owners is actually going to be €110 million rather than the previously reported €100 million.

That money is a portion of the big loan that Inter took out from the Oaktree Capital Group and that is the loan they need to pay back by June 2024.

It could potentially prove to be the owners’ downfall as they need to find fresh investment from elsewhere to try and make sure they have enough to pay it back. Another thing they can do is sell a key player which is set to happen before June 30, 2023.

Their other option is of course to sell the club.

By Euan Burns