Chinese bank the China Construction Bank (Asia) Corporate (CCBA) are seeking around €300 million in unpaid debts from Inter President Steven Zhang.
This according to Italian football finance news outlet Calcio e Finanza, who report that the CCBA are inquiring with US-based financial institutions regarding the Nerazzurri President’s dealings with the club.
The CCBA has been looking to collect on debts that have been accrued by Inter President Steven Zhang as part of business dealings in China as part of the Suning group.
The bank have been looking to uncover assets held by the Nerazzurri President, and this has included looking into his dealings with the club.
Calcio e Finanza reports that as part of the CCBA’s search for assets to potentially collect on as part of the debts that President Zhang has to the bank, they have inquired with US-based financial institutions that the Inter President has worked with as part of his running of the club.
These institutions include investment bank Goldman Sachs, as well as California-based fund Oaktree Capital, from whom Inter took out a sizable loan in 2021 to cover operating costs.
