Suning Future At Inter Milan Still Hangs In The Balance – Club Directors Hope For Clarity By Early April

Inter Milan’s club directors are hoping for clarity regarding the future of owners Suning at the club by early April.

This according to today’s print edition of Turin-based newspaper Tuttosport, via FCInterNews. The newspaper report that Suning’s future still hangs very much in the balance.

May 20th is the date when there will necessarily be certainty about what the future holds for Suning and Inter.

That is the date of the deadline for the loan that the Inter owners took on from Oaktree Capital in 2021.

If Suning default on that loan, their shares in Inter pass into the hands of Oaktree.

The Nerazzurri owners are working to try and agree an extension of that deadline with Oaktree.

And those negotiations are ongoing. But as of yet, there has been no clear conclusion one way or the other.

Oaktree have not yet accepted any of Suning’s offers regarding an extension of the deadline. But nor has the US-based fund definitively rejected the possibility of an extension.

So Suning’s future could still go either way.

Inter Directors Want Clarity On Suning Future By Early April

Of course, the future will be clear before the May 20th deadline.

Any hypothetical deal on an extension of the deadline could hardly be agreed at the last minute.

But the current deadline is now less than two months away. And things still hang in the balance.

Tuttosport report that, at the moment, Inter’s directors know very little about the situation, beyond the fact that Suning and Oaktree are in negotiations.

But the club directors don’t know which direction these negotiations will go in.

However, the directors expect clarity very soon.

Tuttosport report that the Nerazzurri directors expect to receive clarity in the next week or two.

By the first few days of April, Inter’s directors should know whether or not Suning will continue to own the club – and Steven Zhang stay on as club President – past May of this year.