Investors Linked To Saudi Arabia Crown Prince Interested In Buying Inter Milan | OneFootball

Inter Milan reportedly have interested buyers among Saudi Arabia’s royal family as the club braces itself for crucial days.

At the moment, the club’s owners Suning are working on a solution to settle the loan they took from Oaktree Capital in May 2021.

The Chinese group must repay the amount along with the interest (circa 380 million euros) before May 20th. Otherwise, they risk losing control of the club.

Suning’s best bet at the moment is refinancing the debt with the assistance of Pimco. The latter company would replace Oaktree as a creditor.

This would buy Inter president Steven Zhang and his group additional time at the club’s helm.

According to La Gazzetta dello Sport via FcInter1908, Suning could eventually decide to sell the club if they manage to survive the current storm.

The pink newspaper reveals interest from Saudi Arabia.

Members Of Saudi Arabia Royal Family Interested In Buying Inter Milan

But as the source explains, this isn’t from the PIF (Public Investment Fund) which owns Newcastle United as well as the big four clubs in the Saudi Pro League (Al Nassr, Al Hilal, Al Ittihad and Al Ahly).

On the contrary, these interested buyers are members of the ruling dynasty. They are directly linked to Saudi Arabia’s Crown Prince Mohammed bin Salman.

But before planning the club’s sale, Suning can only focus on avoiding a default on Monday. This would allow Oaktree to acquire control over the club, a scenario that Zhang is hellbent on avoiding.

While refinancing the loan with Pimco remains the most plausible solution at the moment, the Chinese group might also end up extending the deadline through an agreement with Oaktree.