Juventus’ downfall due to financial malpractice brought the whole of Italy and Europe to its feet. After 15 points were deducted, it was recently announced that the Old Lady could be left without another 20 points, which would take them to the bottom of the Serie A table. But it’s not just the black and white part of Turin which is in trouble, it’s also the half of Milan. Inter could also find themselves in trouble, but because of their president Stephen Zhang. The Italian portal Calcio e Finanza, specialized in the economic side of the football business, reports that Jindong’s son is in serious trouble and that as many as four court proceedings have been initiated against him! As it is pointed out, Zhang’s creditors accuse him of not paying the debt that exceeds 300 million euros It is a dispute that Zhang has with China Construction Bank Corporation (CCBA), about which little is known in Europe.🚨 #Inter President Steven Zhang has a debt of €300M with the China Construction Bank (Asia) and could face up to three months in prison if he were found guilty of hiding assets in order not to repay the debt. 💡 Zhang will appear in court on March 13. 💻 @CalcioFinanza pic.twitter.com/lD8vIgbMqV— ENJOY INTER (@EnjoyInter) February 4, 2023 This story was already on the pages of newspapers back in corona days, when Inter’s top investor Suning was severely affected by the pandemic. At that time, it was written about the financial crisis of the club and Suning, and that Inter needed over 200,000,000 euros to survive, which is why they later sold Ashraf Hakimi to PSG and Romelu Lukaku to Chelsea, and it was also mentioned that Suning owed over 1 billion euros. Due to the accumulated debts against the first man of Inter, a large-scale court case was launched in the USA, plus two more in Hong Kong and one in Milan. Zhang should appear before a judge in the US on March 13, in order to plead to three questions – whether and how much he owes to creditors, as well as whether he can substantiate them in case he is found guilty. If he is convicted, he faces a prison sentence of up to three months.PSG pay in advance to get Skriniar in the summer, but they want him immediately: Inter rejected 10,000,000 eurosAccording to the letter of the second lawsuit, Zhang is accused of “lying under oath” during the first trial in Hong Kong. He allegedly lied before the Hong Kong court that he knew nothing about the refinancing of the loans he had already taken, that he did not sign any agreements or give personal guarantees, and that the signatures on the documents were forged. If he is found guilty even in that case, he will again face imprisonment, or a fine. This is not the end of Zhang’s worries. The most recent lawsuit was initiated in Milan, again due to unpaid debts to creditors. Namely, the prosecutor wants to find out how and why Inter agreed not to pay Zhang any salary, because he did not declare any real estate in his name or any income in the official documents. And, according to the photos he posts on social networks, it is clear that he lives a dissolute life. That is why the CCBA wants to know what is actually going on in Italy against Zhang. Economic experts have already estimated that his presidential salary at Inter should be around 914,000 euros per year.Juve in relegation zone! Turin club could be fined with a 20 points deductionInter does not pay Zhang that money, so he has no way to compensate the debt he owes to the CCBA. The same source mentions that in the meantime, Zhang deleted all the properties that were registered in his name, thereby influencing the presentation of a realistic picture of his wealth, all in order to deceive creditors. Because of all this, the Chinese bank is asking for justice to be served, and in order for that to happen, it aims to take over the shares of Inter in the amount of the debt! Before the hearing in Hong Kong, Zhang will appear before a judge in Milan on March 8. What days for the Zhang family…SERIE A – Matchday 21Saturday 17.00: (2.75) Cremonese (2.90) Lecce (2.90)20.00: (1.53) Roma (4.20) Empoli (7.50)22.45: (3.60) Sassuolo (3.45) Atalanta (2.05)Sunday 14.30: (8.50) Spezia (4.50) Napoli (1.40)17.00: (2.45) Torino (3.10) Udinese (3.35)20.00: (1.90) Fiorentina (3.50) Bologna (4.70)22.45: (2.05) Inter (3.50) Milan (3.90)Monday 20.30: (3.90) Verona (3.50) Lazio (2.05)22.45: (1.85) Monza (3.50) Sampdoria (5.00)Tuesday 22.45: (6.00) Salernitana (3.80) Juventus (1.60)***odds are subject to change***
