Official press releases from Inter Milan

Oaktree Capital Takes Control of Serie A Champions Inter Milan After €368 Million Loan Default

May 22, 2024, 10:10 AM

Oaktree Capital Management has taken control of Inter Milan after the club's previous owners, Suning Holdings, defaulted on a €368 million loan. The deadline for the repayment was May 21, and no agreement was reached. As a result, the American investment fund has assumed ownership of the Serie A champions. This marks a significant shift in the ownership of the Italian football club, reflecting a broader trend of Chinese investments retreating from European football.