Steven Zhang is far from giving up on Inter Milan, as the Nerazzurri President aims for progress on and off the pitch.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, via FCInterNews.
Zhang has yet to make an appearance in Italy this season.
The Inter President has been in China for the past several months. There, he has attended to a number of business matters, both relating to Inter and not.
The Gazzetta report that Zhang is unlikely to be in Italy until he finally sorts out Inter’s future behind the scenes.
It is no secret that Nerazzurri owners Suning are running out of time to figure out their next step.
The massive loan that the Inter owners took on from US-based fund Oaktree Capital comes due this May.
And, having taken on the loan to cover operating costs at Inter, Suning put the club up as collateral.
Therefore, Suning have essentially three options.
The first would be to refinance their debt. The second would be to sell the club. And the last would be to essentially allow control of Inter to pass into the hands of Oaktree following a default on the loan from Oaktree.
Steven Zhang Not Giving Up On Inter
According to the Gazzetta, Zhang’s work is still very much focusing on finding a partner with which to refinance the debt to Oaktree.
The Inter President still believes that there is a future for he and Suning at the club.
Therefore, Zhang is hoping to sort out the refinancing in the coming weeks.
And in the meantime, Inter are doing well on the pitch.
The Nerazzurri are now four points clear at the top of the Serie A table with a game in hand following a statement win over Juventus last weekend.
So Zhang’s hope is that he can secure the future off the pitch soon. And then make his return to Italy where he could witness the club’s triumph on the pitch.
