Inter Milan
·4 June 2024
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Yahoo sportsInter Milan
·4 June 2024
MILANO - F.C. Internazionale Milano S.p.A. (“Inter” or the “Club”) today announces the proposed appointment of Giuseppe Marotta as the new President and the new composition of the Club’s Board of Directors, which will be confirmed at a Shareholders’ Meeting in Milano later today. The proposed appointments follow the recent change in ownership. On 22 May 2024, funds managed by Oaktree Capital Management, L.P. (“Oaktree”) assumed ownership of Inter following the non-repayment of Oaktree’s three-year loan to Inter’s holding companies.
As part of Oaktree’s focus on operational and financial stability for Inter, it has proposed the appointments of the following new Board members:
The new Board brings together expertise from across Italy and Europe, including the Oaktree team who have partnered with the Club since 2021. The new Board members will provide experience and skills that are essential to executing Inter’s long-term objectives and achieving consistent prosperity, growth and success for the Club.
Confirmation of the outcome of the shareholder meeting will be published on Inter official website: www.inter.it/en