Inter Milan owners Suning will reportedly refinance the Oaktree loan using fresh funding from Goldman Sachs.
In 2021, the American group Oaktree lent the Nerazzurri owners a sum of 275 million euros. The Chinese company must repay the amount along with the interest rate by the 20th of May 2024.
Therefore, Suning are looking to find a solution as the deadline date is now looming on the horizon. Some believe that selling the club could be the best escape route.
But according to Tuttosport via FcInterNews, Inter president Steven Zhang would like to remain at the club’s helm.
The 31-year-old is seeking a solution that would allow his company to maintain its hold over the Italian club.
As the source explains, Suning could choose to collaborate with Goldman Sachs which will help them refinance the Oaktree loan with fresh funds.
Inter Milan Owners Suning Could Collaborate With Goldman Sachs To Refinance The Oaktree Loan
However, the report believes that the Chinese owners haven’t entirely given up on a solution that sees them collaborate with Oaktree. Therefore, Suning will opt for the more beneficial solution from a financial standpoint.
The Turin-based newspaper claims that the Golden Sachs operation could be even more costly for the Inter ownership, as it could include even higher interest rates than the Oaktree loan (set at 12%).
On another note, the source adds that Raine Group is also collecting information from Arab suitors who are looking to invest in Inter. The report also mentions interest from American investors.
