Inter Owner Nears New Loan to Retain Control of Team, Corriere Says
==========

Italian football club Inter Milan is negotiating a new loan worth €400 million ($426 million) with US fund Pimco. The club's chairman, Chinese investor Steven Zhang, is looking to refinance an existing €275 million credit with Oaktree that comes due next month. The loan from Pimco would allow the team's owners to meet their financial obligations and retain control of Inter. The financing could have a duration of three years and may act as a bridge to allow a new investor into the team's capital. Inter Milan faces AC Milan on Monday with a chance to secure its second Serie A league title under the current ownership.

#InterMilan #Football #Loan #Pimco #StevenZhang #Oaktree

https://www.bloomberg.com/news/articles/2024-04-21/inter-owner-nears-new-loan-to-retain-control-of-team-corriere-says