Suning must repay the sizable loan received from US-based fund Oaktree Capital by May 2024, or else risk losing their ownership of Inter.
This according to today’s print edition of Rome-based newspaper Corriere dello Sport, who report that this could be a major impetus for the current owners to sell the club.
While Suning have been linked with a sale of Inter, and reportedly have officially put the club up for sale through investment banks Raine Group and Goldman Sachs, this does not mean that a sale will be rushed through.
A sort of deadline could be the May 2024 due date for the loan received from Oaktree, however, worth $275 million USD.
If the Nerazzurri owners do not repay the loan by that point, control of the club would pass into the hands of Oaktree.
For this reason, if it becomes impossible for Suning to repay the loan on time, they would see that as the point by which a sale of the club would have to be completed.
