Inter Milan celebrated their 20th title and added the second star to their coat of arms, but the current Italian champions are in an unenviable situation. The Suning company and Inter president Stephen Zhang are running out of time to negotiate a new loan with the Pimco Bank so that they can pay the investment fund Oaktree 395,000,000 euros of debt by Monday. If that does not happen, Zhang and his Suning Holding Group risk losing the club.Oaktree provided Suning with an emergency transfer loan of 275,000,000 euros in 2021, at the expense of the stake in Inter Milan. This transaction allowed Suning’s owners to invest more capital in the club, whose finances were ravaged by the coronavirus pandemic.##NAJAVA_MECA_8109814##There are currently three options that can affect this situation. For the first one, it cannot be claimed that it will happen, but it cannot be rejected with certainty either, which is that Oaktree approves the postponement of the deadlines, so that the Milan club would finalize the agreement with the Pimco Bank. Another option is to initiate a refinancing dialogue between Inter Milan and Oaktree with short deadlines (assuming the process is not already underway), another six months, in fact a technical passage, the deadline by which the sale of Inter must be completed, so that the Californian fund can get hold of not only the accrued interest, but also the 20 percent of the company’s sales shares.Zhang has already ruled out renewing the loan with Oaktree, trying to look for other avenues. But now he is under a lot of pressure and has to think in that direction again. And then there is the third scenario, which is that Oaktree ‘pawns’ the shares and therefore immediately takes control of Inter. Assuming the fund does not want to keep the club for the long term, this route would allow the American company to manage Nerazzurri’s future change of ownership to a new owner.🚨🚨 OFFICIAL statement by #Inter President Steven Zhang on the recent rumours:“During the approach of the pending Oaktree facility redemption date, we have been making every attempt with our partner to find an amicable resolution, including multiple paths for Oaktree to… pic.twitter.com/VOGMmwurI5— Inter Xtra (@Inter_Xtra) May 18, 2024 Oaktree is concerned that Suning would increase further debt with a third party and thus significantly reduce the chances of selling Inter. Also, if the Italian giant comes back into the ownership of Oaktree, they could very easily find themselves in a situation of potential disintegration and uncertainty in the team.City rival AC Milan found themselves in a similar situation in 2018 when the controversial businessman Li Yonghong failed to repay the loan he used to buy Milan a year earlier, so the Elliott Management investment fund took the club over.Inter Milan are preparing for a celebration and lifting the Serie A trophy, but what will happen after Tuesday – no one can say for sure at the moment.World Cup-winning coach all of a sudden becomes AC Milan target
