Suning have no plans to sell Inter, and will instead seek to either renegotiate the terms of their loan from Oaktree or refinance with another fund.
This according to Italian news outlet Gazzetta.it, who report that Steven Zhang intends to stay on as Nerazzurri President in the long term, and has a plan to maintain control.
Currently, the fact that the sizable loan that Inter took on from Oaktree in May of 2021 is set to come due in 2024 is one of the main factors that casts Suning’s future as Inter owners in doubt.
However, the Chinese company would be ready to try and renegotiate the terms of the loan, possibly related to the interest rate which is currently set at 12%.
Alternatively, Suning could seek a new fund to refinance the debt on the loan from Oaktree in order to make the situation viable.
Lastly, the Gazzetta notes, the Nerazzurri owners could also look for another minority partner in order to inject cash and stabilize the situation.