Oaktree Capital Takes Control of Inter Milan After Loan Default
Suning's failure to repay a €395 million loan results in ownership transfer of Serie A champions
- Inter Milan's debt reached approximately €900 million, deterring potential investors.
- Oaktree Capital Management provided rescue financing during the COVID-19 pandemic in 2021.
- The investment firm plans to focus on operational and financial stability for the club.
- Inter Milan recently won their 20th Serie A title but continued to face financial losses.
- Oaktree intends to collaborate with Inter's current management team for a smooth transition.