Oaktree nearing Inter takeover with Suning failing to pay loan | OneFootball

American fund Oaktree is now said to be closing in on a takeover of Inter, with Suning yet to pay the debt that is owed by then.

The deadline for Suning to pay the debt of about €375 million is tomorrow 12am, which means Tuesday early morning. They took that loan from Oaktree back in 2021 and deadline is now fast approaching, with an agreement with Pimco not reached to cover the loan amount.

La Repubblica (via FCInter) now report that Oaktree’s takeover is edging closer and it is getting increasingly complicated for Inter to pay the loan by tomorrow.

The idea is that Oaktree will not change the club’s current management structure and Beppe Marotta will remain in-charge. Their plans also remain the same, when it comes to renewals for the likes of Lautaro Martinez and Nicolo Barella and that was also the plan for Suning.

As a result, the club’s plans for the market will not change and it is only in the event of huge offers that players will be sold in the summer.

Kaustubh Pandey I GIFN