Oaktree set to take over Inter Milan as loan repayment deadline approaches today
Can 21 – Series A champions Inter Milan could to have A strength amended of ownership has THE END of Today if THE club failed has repay A €270 million ready, more interest, that was granted In 2021.
THE ready was do by THE WE Oak investment funds for €275 million In 2021 with interest running has 12% by year. In total THE Chinese the owners, Sun Assets Band, duty about €370 millions.
President Steve Zhang (photo) has has been trying has refinance THE debt via American funds Pimco but In A open letter has Fans said that Oak has has been deliberately uncooperative, blame them For delay In reach THE refinancing by THE debt refund deadline.
"In THE month leading up has THE expiry date of THE funding ease with Oak, We to have do All possible has find A friendly solution with OUR partner, including offer several opportunities For Oak has get A complete And immediate financial back," said Zhang.
"Unfortunately, OUR efforts SO far to have has been exacerbated by legal threats And A lack of significant participation Since Oak. This has all has been very frustrating And disappointing, but This behavior East NOW create A risk situation For THE club that could put It is stability In serious hazard," concluded THE president of Inter.
Sun took on THE club In 2016 And won THE First of all Series A title below their ownership In THE 2020-21 season, And THE of the club 20 title This season. Last year Inter were finalists In THE Champions League.
Zhang said that while THE club has concentrate on on the field performance he And her team to have maintained A "rigorous financial discipline."
If Oak take control of THE club THE probability East that they will sell he immediately And has A significant prime has THE ready. A few rumors suggest THE Based in California funds Already has A Buyer In THE wings.
In 2021 Sun dissolved Chinese Great League prevailing Jiangsu champion FC just three month After winner their First of all title. HAS THE time Sun said that he hoped that A new funder could be find For THE Based in Nanjing club that had about $90 million of debt.
Contact THE writer of This history has moc.l1716308334labto1716308334ofdlr1716308334owedi1716308334sni@n1716308334osloh1716308334cin.l1716308334uap1716308334
Can 21 – Series A champions Inter Milan could to have A strength amended of ownership has THE END of Today if THE club failed has repay A €270 million ready, more interest, that was granted In 2021.
THE ready was do by THE WE Oak investment funds for €275 million In 2021 with interest running has 12% by year. In total THE Chinese the owners, Sun Assets Band, duty about €370 millions.
President Steve Zhang (photo) has has been trying has refinance THE debt via American funds Pimco but In A open letter has Fans said that Oak has has been deliberately uncooperative, blame them For delay In reach THE refinancing by THE debt refund deadline.
"In THE month leading up has THE expiry date of THE funding ease with Oak, We to have do All possible has find A friendly solution with OUR partner, including offer several opportunities For Oak has get A complete And immediate financial back," said Zhang.
"Unfortunately, OUR efforts SO far to have has been exacerbated by legal threats And A lack of significant participation Since Oak. This has all has been very frustrating And disappointing, but This behavior East NOW create A risk situation For THE club that could put It is stability In serious hazard," concluded THE president of Inter.
Sun took on THE club In 2016 And won THE First of all Series A title below their ownership In THE 2020-21 season, And THE of the club 20 title This season. Last year Inter were finalists In THE Champions League.
Zhang said that while THE club has concentrate on on the field performance he And her team to have maintained A "rigorous financial discipline."
If Oak take control of THE club THE probability East that they will sell he immediately And has A significant prime has THE ready. A few rumors suggest THE Based in California funds Already has A Buyer In THE wings.
In 2021 Sun dissolved Chinese Great League prevailing Jiangsu champion FC just three month After winner their First of all title. HAS THE time Sun said that he hoped that A new funder could be find For THE Based in Nanjing club that had about $90 million of debt.
Contact THE writer of This history has moc.l1716308334labto1716308334ofdlr1716308334owedi1716308334sni@n1716308334osloh1716308334cin.l1716308334uap1716308334
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