Saudi Interest In Buying Inter Milan From Suning Remains Despite Cooling Temporarily | OneFootball

There is still Saudi interest in buying Inter Milan from Suning despite it having cooled off for the time being.

This according to today’s print edition of Rome-based newspaper La Repubblica, via FCInter1908.

Rumours of Saudi interest in Inter seem to have taken a backseat in recent days.

A few days ago, reports emerged that the Saudi royal family has approached Suning about the possibility of purchasing the Nerazzurri.

And La Repubblica report that that interest is very real.

On the other hand, recent developments suggest that a sale of Inter is certainly not imminent.

Suning are reportedly on the verge of refinancing their debt to Oaktree Capital with a massive new loan.

This should allow the Nerazzurri owners to remain at the helm for at least some time longer.

The looming deadline of the Oaktree loan no longer looks like it could spell upheaval at the ownership level of the Nerazzurri or an imminent change at the top.

Saudi Interest In Buying Inter From Suning Remains

The new loan from PIMCO that will allow Suning to pay back their debt to Oaktree before the deadline hardly means that the current Inter owners can stay on forever.

On the contrary, it is set to be a new three-year loan, with a deadline in 2027.

And reports indicate that there will be a call option in favour of PIMCO in 2027. That reflects the fact that the US fund are still expecting Suning to look for buyers.

Therefore, interested parties could still look to convince the Nerazzurri owners with an offer.

According to La Repubblica, the Saudi royal family remains watchful.

Distinct from the sovereign wealth fund the Public Investment Fund, the royal family is considering a bid with the backing of private capital.

And their interest in Italian football remains despite the fact that an imminent Inter purchase is hardly likely.