Oaktree Capital will appoint a streamlined Inter Milan board of directors on June 4th.

Today’s print edition of Turin-based newspaper Tuttosport, via FCInterNews, anticipate that there will be smaller and that the new President will have less executive power.

Oaktree are the new owners of Inter. The US-based fund have been in control of the Nerazzurri since repossessing the controlling shares in the club of Suning last week.

However, there is still work to do for Oaktree to complete their takeover.

The fund will have to put a new ownership structure in place so that they can really begin the business of running Inter.

But according to Tuttosport, Oaktree are hardly waiting around to do so.

The fund have set the fourth of next month as the date for the shareholders meeting wherein they will confirm the new board of directors.

Oaktree Capital To Name New Inter Milan Board Of Directors On June 4th

Representatives of Oaktree have already held meetings with Inter CEOs Beppe Marotta and Alessandro Antonello.

Alejandro Cano and Katherine Ralph have been the two representatives of the fund who have liaised with the Nerazzurri CEOs thus far.

Moreover, today there will be a meeting between Oaktree representatives and Inter coach Simone Inzaghi.

The fund are currently getting on the same page as Inter’s existing senior management and sporting staff.

Oaktree want there to be clarity about their intentions and strategy throughout the club as they begin their Inter project.

And the new owners have already set the date for the new ownership structure to be in place.

One week from today, Inter will officially have a new board of directors.

Naturally, there will be no place for the current board members who represent outgoing owners Suning.

CEO of Sport Marotta and Corporate CEO Antonello will sit on the board. As will Cano and Ralph.

Then, there will Carlo Marrassai and Amedeo Marchetti. These are the two current board members who have been representatives of Oaktree.

And lastly, Tuttosport, there will be the new President. The newspaper anticipate that the new President to replace Steven Zhang will be an institutional representative of Oaktree with less executive power than Zhang had.