American fund Oaktree seem set to take control of Inter, whose owners Suning haven’t paid back the debt by the given time.

Suning had 12am to pay the debt for the loan they had taken from Oaktree back in 2021 and because of that, the Nerazzurri would come under the control of the American fund.

Corriere dello Sport (via TMW) seem very clear about the Oaktree ownership and seem sure that the ownership of the Nerazzurri will transfer to the fund. Everything, they state, seems to be ready about the takeover and the press release is in the process of being made public.

Oaktree will now take control of 99.6 percent of Inter and it won’t just be the 68.55 percent of the club that is owned by Suning. 31 percent of the club is also owned by LionRock fund of HongKong, who are linked to Inter’s chain of control through the International Sports Capital holding, which however follows Italian law and therefore different processes and timescales.

Carlo Marchetti from Oaktree is already part of the Inter board and he seems likely to get a more prominent role at the club.

Kaustubh Pandey I GIFN