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Thursday briefing: Inter Milan takeover confirmed by Oaktree Capital after Suning misses loan repayment deadline

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23 May 2024 - 4:30 AM

Oaktree Capital has announced that it has “assumed ownership” of Inter Milan after the club’s Chinese owners Suning failed to repay its €395 million debt to the American firm before Monday’s deadline.

Alejandro Cano, managing director and co-head of Europe for Oaktree’s Global Opportunities strategy, said the group’s initial focus was ensuring “operational and financial stability” for the club.

He added: “We are committed to the long-term success of the Nerazzurri and believe ou

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