Inter’s owner looking for shareholders to ease loan debt

Inter owners Zhang Family is looking for minority shareholders to potentially find a minority shareholder in the club.

While yesterday it was reported that the Zhang family had given a mandate to sell the club for a certain fee, La Gazzetta dello Sport claim today that they are only looking for a minority shareholder in the club, so that they can pay off the loans that they had got from Oaktree.

A meeting was held between people from Goldman Sachs, Inter’s financial advisors and the Nerazzurri management regarding this and people from GS were present at Inter’s recent Champions League game against Bayern Munich as well.

Inter had received a fund of $275 million from Oaktree and while a mandate wasn’t given to outright sell the club, the possibility can certainly come up if the Zhangs do not find a minority shareholder by May 2024. In that case, a definitive sale can take place and a reference will be taken from Chelsea’s recent sale of £4.25 billion.

 

GIFN 

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