Italian Journalist Marco Bellinazzo: “Steven Zhang’s Reaffirmed Commitment To Inter, But Rising Interest Rates Make Refinancing Oaktree Loan Difficult”

Italian journalist Marco Bellinazzo feels that Steven Zhang is as committed as ever to remaining President of Inter, but that the debt issues at the club and particularly the interest rates could make this difficult.

Speaking to Italian broadcaster Rai Radio, via FCInterNews, the journalist gave his interpretation of Zhang’s situation as President of the Nerazzurri.

Despite persistent rumours that financial problems could force Zhang and Suning to leave Inter, the President has remained at the club.

Moreover, all public signals from Zhang and Suning have suggested that they are not actively looking to sell the club.

A report from the Gazzetta dello Sport yesterday suggested that, as far as this goes, there has not been a significant change in Zhang’s stance, as the President and the current owners prefer to refinance the existing debt at the club.

According to Bellinazzo, this does indeed look to be the case, although the current interest rates could be a major obstacle to them doing so.

“Beyond the financial difficulties of the Zhang family, it remains true that Steven is very committed to Inter,” Bellinazzo said.

“However, with interest rates rising, it looks to be even more difficult for Zhang to refinance the loans to Inter.”