Current location:business >>
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
business8People 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.“Stellar Stories news portal”。http://senegal.barryexit.org/content-90b399561.html
Related articles
Adela Cernousek of Texas A&M wins NCAA individual golf title for first collegiate win
businessCARLSBAD, Calif. (AP) — Adela Cernousek of Texas A&M got her first collegiate win on the biggest ...
【business】
Read moreVenezuela's barred opposition candidate is now the fiery surrogate of her lesser
businessSABANA DE MENDOZA, Venezuela (AP) — At an intersection packed in four directions, rallygoers scream ...
【business】
Read moreMan convicted of attacking ex
businessSAN FRANCISCO (AP) — The man convicted of attempting to kidnap then-House Speaker Nancy Pelosi and a ...
【business】
Read more
Popular articles
- Iran's nuclear policy unlikely to change even after president's death
- Putin focuses on trade and cultural exchanges in Harbin, China, after reaffirming ties with Xi
- Man convicted of attacking ex
- SAS legend Chris Ryan warns Britain needs a bigger 'professional Army
- Poland arrests sabotage suspects and warns of potential hostile acts by Russia
- Teenagers to be recruited to drive trains as government looks to ease rail staffing shortage
Latest articles
China sanctions former US lawmaker who supported Taiwan
Damaged air valve in field of cattle is blamed as the source of Devon's parasite outbreak
Protests are planned in Serbia against a real estate project financed by Trump's son
Man kills 2 officers at police station in Malaysia in a suspected Jemaah Islamiyah attack
Poland arrests sabotage suspects and warns of potential hostile acts by Russia
Breanna Stewart ruins Caitlin Clark's home debut by leading Liberty past Fever 102
LINKS
- Xi Sends Congratulatory Letter to First High
- China accelerates issuance of local
- Installed capacity of wind farms in Tianjin reaches 1.296 mln kw
- Polar icebreaker Xuelong 2 receives warm welcome in Hong Kong
- Aerial view of heart
- Special freight train to help stabilize mainland supply of goods to Hong Kong
- Xi Calls for More Innovations in Party's Theories
- A glimpse of begonia flowers in the Palace Museum
- People enjoy Labor Day holiday across China
- Xi Calls for More Innovations in Party's Theories