Inter’s new owner promises to guarantee financial stability

Bury

Inter’s new owner promises to guarantee financial stability

Jakarta (ANTARA) – Inter Milan’s new owner, American company Oaktree, has promised to ensure the club’s financial stability after its predecessor Suning failed to pay hundreds of millions of euros in debt.

On 22 May Chinese conglomerate Suning and chairman Steven Zhang handed over control of Inter Milan to Oaktree after they were officially crowned Serie A champions for the twentieth time.

“Today opens a new chapter in the partnership between Inter and Oaktree. By acquiring ownership, we want to reaffirm our commitment to the prosperity and success of the club,” said Oaktree, which manages assets of 192 billion dollars, as reported by AFP. Tuesday.

Oketree said he was proud that the funding had helped support the club’s success over the past three years and looked forward to working with the current management team to build momentum towards a 20th league title.

Read also: The American company Oaktree officially becomes the new owner of Inter
Read also: Suning drama at Inter, Observer: ET manages the club for the long term

“For this reason, we are focused on ensuring operational and financial stability to help ensure continued success for the club,” Oaktree said.

Inter became a formidable force after Suning acquired around 68% of the club in 2016, winning seven trophies including two Serie A titles and two European finals.

But Oaktree took control after Suning failed to repay a three-year loan of around 395 million euros to Inter’s parent company.

Simone Inzaghi’s team will access the scudetto in 2024, winning the scudetto with a margin of 19 points over second-placed AC Milan.

Read also: Inter’s agent suggests giving Lautaro Martinez a pay rise

Reporter: Aloysius Lewokeda
Editor: Teguh Handoko
Copyright © ANTARA 2024

Source link

Leave a Comment

AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk AcUk