American fund close to Inter takeover

An American fund is said to be close to taking over at Inter and their takeover of the Nerazzurri is edging closer.

Il Giornale have reported about Inter’s situation, stating that the announcement of the American fund is now imminent. While Steven Zhang has previously denied talk of a potential sale of the club, Goldman Sachs and the Raine Group has been probing the international market for a while now.

There is a belief from some at Inter that a buyer has been found and it could step in at the right time. The fund is ready to invest in the Nerazzurri.

After Milan’s sale to RedBird, Zhang actually increased the Inter asking price but due to deadlines, he could be willing to settle for less. A Chinese bank had filed a lawsuit against him and the hearing for that case takes place on the 8th of March. In May next year, Grand Tower Sarl, one of the holding companies through which Zhang controls Inter, must repay the €275 million loan obtained in 2021 from the Oaktree fund.

This suggests that the American fund which is interested in Inter is not Oaktree, which has previously publicly stated that it is not interested in tracing the same path as Yonghong Li and Milan.



Kaustubh Pandey | GIFN

More European Football News