Inter Milan entered an uncertain new era on Wednesday after US fund Oaktree took control of the Serie A champions following outgoing owners Suning defaulting on a debt worth hundreds of millions ...
Inter becomes the seventh Serie A club under American ownership. The others are AC Milan, Atalanta, Fiorentina, Roma, Genoa and newly-promoted Parma. Don't miss out on all our news at www ...
MILAN — Just two days after celebrating its Serie A title win, Inter Milan and its fans face a nervous wait to see what will happen with the club. Club owner Suning and Inter president Steven ...
MILAN — American fund Oaktree officially became the new owner of Serie A champion Inter Milan on Wednesday, bringing an end to Suning and Steven Zhang’s eight years at the helm. Oaktree took ...
Oaktree Capital on Wednesday said it’s taken ownership of storied soccer club Inter Milan after the team failed to repay a loan. Oaktree said Inter Milan failed to repay a €395 million, or $ ...
These are critical days for Inter owner Steven Zhang. He has until Tuesday to come up with €375 million to repay his debt to Oaktree or risk losing the club to the American asset management firm.
According to Il Corriere dello Sport via FcInter1908, Oaktree plan to remain at the club’s helm on a medium to long-term horizon. So while the company won’t rule out a sale for the right offer ...
Oaktree want to ‘reiterate our commitment to the Club’s prosperity and success’ and are looking ‘forward to working closely with the current management team to build on the momentum of the ...
U.S. investor Oaktree Capital has seized control of FC Inter Milan after the owners of the Italian champions failed to repay a rescue loan, marking Wall Street’s latest foray into European soccer.
(MENAFN) On Wednesday, the American investment fund Oaktree announced its acquisition of Inter Milan, the renowned Italian soccer champion, after the Chinese Suning Group failed to meet the ...
MILAN--(BUSINESS WIRE)--As of 22 May 2024, funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have assumed ownership of FC Internazionale Milano (“Inter Milan” or the “Club”).