Current location:opinions >>
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
opinions61People have gathered around
IntroductionMILAN (AP) — Just two days after celebrating its Serie A title win, Inter Milan and its fans face a ...
MILAN (AP) — Just two days after celebrating its Serie A title win, Inter Milan and its fans face a nervous wait to see what will happen with the club.
Club owner Suning and Inter president Steven Zhang could lose control of the Nerazzurri if they fail to repay a debt of nearly 400 million euros ($434 million) to American investment fund Oaktree.
That sum stems from a loan — and interest — taken out three years ago, shortly after Inter won its last league title.
The deadline for repayment was at 5 p.m. local time (1500 GMT) and there was no word of the outcome several hours after that had passed.
Zhang has tried to extend the deadline for the loan repayment and come up with alternative solutions with Oaktree but without success.
“I can only guarantee that the club is very solid,” Inter CEO Giuseppe Marotta said on Sunday, amid a party atmosphere at San Siro as Inter was presented with its 20th league title.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Grounds news portal”。http://belgium.lochsaege.com/article-78d499569.html
Related articles
North Korea says it will stop sending trash balloons as South Korea vows retaliation
opinionsSEOUL, South Korea (AP) — North Korea said it will stop sending trash-carrying balloons into South K ...
【opinions】
Read moreForeign enterprises eye bright prospects in Chinese market
opinions(People's Daily Online) 16:28, April 01, 2024Executives of multinational corporations and representa ...
【opinions】
Read moreIndian gov't decides to extend food security scheme for 5 years
opinions(Xinhua) 13:09, November 30, 2023NEW DELHI, Nov. 29 (Xinhua) -- The Indian government on Wednesday a ...
【opinions】
Read more
Popular articles
- Which Love Island couples are STILL each other's types on paper? From Molly
- Supreme Court of U.S. Michigan keeps Trump on 2024 primary ballot
- China bolsters online consumer protection with new regulations
- China Development Bank doubles loan support for farmland work
- Nigel Farage vs Anna Wintour... but why are two Brits being touted as America's ambassador to UK?
- Staggering figures reveal America's gun violence in 2023
Latest articles
Scottish left
Iraqi president visits Cyprus for 1st time
Putin announces plans to run for president in 2024
Turkish parliamentary committee okays Sweden's NATO bid
Tallest waterslide in America that measures a staggering 145ft is opening Memorial Day weekend
Harry Styles' huge net worth revealed as singer pays himself a whopping £67million after sold
LINKS
- Doggy ballgowns, surveillance tech and cloning services for sale at China pet fair
- Some imported animal products using production methods illegal in New Zealand
- Scrapping NZ battery project 'short
- Government mulls expanding inquiry into Covid
- Foreign Affairs Minister Winston Peters praises US engagement in the Pacific
- Growing skincare use by children is dangerous, say dermatologists
- The Beatles: Sir Sam Mendes to direct four films
- Rebel group in Indonesia's Papua to release kidnapped New Zealand pilot
- Foreign Affairs Minister Winston Peters to resume 'Pacific reset' plan again
- Christchurch man jailed for 14 years over role in US porn videos