Between Oaktree, PIMCO & Saudi Interest – Next 23 Days Decisive For Suning At Inter Milan | OneFootball

Between Oaktree, PIMCO & Saudi Interest – Next 23 Days Decisive For Suning At Inter Milan | OneFootball

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SempreInter.Com

·27 aprile 2024

Between Oaktree, PIMCO & Saudi Interest – Next 23 Days Decisive For Suning At Inter Milan

Immagine dell'articolo:Between Oaktree, PIMCO & Saudi Interest – Next 23 Days Decisive For Suning At Inter Milan

23 days. With Oaktree Capital, PIMCO, and possible Saudi interest, the next three weeks will be all important for the future of Suning at Inter Milan.

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


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For months – the last three years in fact – the date of May 20th of this year has loomed as a key point in the future of Suning at Inter.

That is the deadline for the loan that the Inter owners took on from Oaktree Capital in 2021.

Now, however, that deadline is not so much looming in the future. It is close enough on the horizon that it is virtually the present.

Therefore, Suning will have to clarify the future very soon.

PIMCO, Oaktree, Suning & Inter – 23 Decisive Days

Widespread reports indicate that Suning are close to agreeing a new loan to refinance their debt to Oaktree.

The Nerazzurri owners are reportedly in talks with PIMCO, another American fund.

That loan would be for €400 million. This would be sufficient for Suning to pay back their debt to Oaktree in full.

Therefore, Suning would be able to remain at the helm of Inter for at least the foreseeable future.

That loan will be a another three-year loan, with a deadline in 2027.

Therefore, that would seem to entail that Suning could remain in charge at Inter until then.

But maybe not quite, if the Inter owners sell the club.

As Tuttosport highlight, the interest in buying the Nerazzurri from Saudi sources remains.

Moreover, Suning notes, the current CEO of Inter Beppe Marotta’s contract with the club runs out at the end of June 2027.

Therefore, 2027 could be the decisive point for changes at Inter. Not yet, however – Suning are ready to meet the next turning point head-on.

Only, however, if the Inter owners can navigate the next 23 days successfully, though.

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