Oaktree takes ownership of Inter Milan after missed payment

Title: Oaktree takes ownership of Inter Milan after missed payment

In an unexpected turn of events, Oaktree Capital Management has taken ownership of Italian football club Inter Milan after a missed payment by Chinese conglomerate Suning. The ownership was granted in 2021 to a Luxembourg-based vehicle controlled by Suning, with the loan guaranteed by the firm’s stake in Inter Milan.

This development has sent shockwaves through the football world, as Inter Milan is one of the top clubs in Serie A and has a rich history of success. Fans and analysts alike are eagerly awaiting to see how this ownership transfer will impact the club’s future.

Oaktree Capital Management is a global investment firm known for its expertise in distressed debt and special situations. With their vast resources and experience, many are hopeful that they can help steer Inter Milan through this challenging period and set the club on a path towards continued success.

As the situation continues to unfold, all eyes will be on Oaktree Capital Management and Inter Milan to see how they navigate this new chapter in the club’s history.

Tags: Oaktree Capital Management, Inter Milan, Suning, ownership transfer, football club, Serie A, distressed debt, special situations.