Inter’s ownership uncertain after Pimco loan delays | OneFootball

Serie A giants inter find themselves in a difficult situation ownership-wise after their Pimco loan is yet to be confirmed by the club.

La Gazzetta dello Sport have provided some details about the scenario, stating that yesterday was an intense day at the club’s headquarters as they discussed the terms over an agreement with Pimco for a loan that could help them pay off Oaktree’s loan and make sure that Suning’s control of the club stayed.

But no official communication has arrived about the agreement and that is catching attention, because Inter have to pay off Oaktree’s loan by the 20th of May or the club’s ownership would be transferred to the American fund. The club’s future is now said to be uncertain.

As of now, there are three possible scenarios that can play out. The first one is that Oaktree propose a postpone in the payment of the loan and they extend the deadline to Tuesday, allowing Inter’s owners the time to seek an agreement with Pimco till then.

The second scenario is that Oaktree and Inter negotiate a rather short refinancing which could allow Inter about six months or so to pay back the fund with interest. The third one is the most obvious one and that would see Oaktree take control of Inter if they fail to pay back the funds by Monday and an agreement with Pimco is also not reached.

The clock is ticking.

Kaustubh Pandey I GIFN