ElMago_DSilva
Well-Known Member
- Joined
- 2 Feb 2023
- Messages
- 556
- Team supported
- Man City
Money that's why!
Inter Milan's debt has been a concern for the club and its owners, and has led to a change in ownership:
- Debt amount
As of June 30, 2023, Inter Milan's net financial debt was €437 million, the highest among Serie A clubs at the end of the 2022/23 season. The club's total debt has been estimated to be around $900 million.
- Debt source
Inter Milan's debt comes from a three-year loan taken out by the club's holding company, which expired on May 22, 2024. The loan was taken out shortly after Inter won its previous league title, and the club was already facing record losses due to the coronavirus pandemic.
- New ownership
US investment fund Oaktree Capital Management took control of Inter Milan after the club's previous owners, Suning International Holdings, defaulted on the loan. Oaktree is now the new owner of the club, and has said that its initial focus is on operational and financial stability
Don't see it happening in January regardless of their financial troubles.