Trophies & Debt – Suning Leave A Mixed Legacy At Inter Milan | OneFootball

Seven trophies and whopping debt are the mixed legacy that Suning leave Inter Milan as they lose control of the club.

This is the view in today’s print edition of Turin-based newspaper Tuttosport, via FCInterNews.

Now it’s official. Suning will no longer be the owners of Inter.

US-based fund fund Oaktree Capital have announced that they will be repossessing the Chinese company’s shares in the Nerazzurri.

This brings to an end a period of eight years that has seen, putting it mildly, some ups and downs at the Nerazzurri.

On the one hand, Inter have won seven trophies whilst Suning have been owners of the club.

It took a few years for the club to find their feet after the Chinese company had taken it over from a difficult moment. The arrival of Beppe Marotta as CEO of Sport really expedited things in that respect.

Trophies & Debt The Mixed Legacy Of Suning At Inter Milan

Inter got back to trophy-winning ways in the 2020-21 season.

That campaign saw the Nerazzurri win the Serie A title for the first time in eleven years.

Then in the 2021-22 season, Inter won the Coppa Italia and Supercoppa Italiana.

It was those same two trophies during the 2022-23 campaign.

And Inter also reached the final of the Champions League last season. They lost, as they had done the 2020 Europa League final – but certainly raised their stature with their knockout run and performance against Manchester City.

But as Tuttosport note, the debt that Inter have racked up is impossible to ignore.

The Nerazzurri’s gross debt as of June 2022 was €881 million. That is likely to be lowered to €700 million next month – still a very high figure.

The most recent bond that Inter issued was for €415 million.

Those kinds of astronomical figures show why, even when Inter have been performing exceptionally well on the pitch under Suning, there has always been a certain undercurrent of chaos.