Current location:travel >>
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
travel694People 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.“Culture Chronicle news portal”。http://sanmarino.camilleandconfettis.com/content-78d899063.html
Related articles
Victims of UK's infected blood scandal to receive final compensation payments
travelLONDON (AP) — Victims of the U.K.'s infected blood scandal, in which tens of thousands of people wer ...
【travel】
Read moreHKFP Lens: Artist displays 'overlapping memories' of Hong Kong and UK on film
travelHong Kong artist Eva Leung, who relocated to the UK in September last year, has produced a series of ...
【travel】
Read moreOne dead after Okaramio crash
travel(File photo) Photo: RNZ / Angus Dreaver ...
【travel】
Read more
Popular articles
- State Supreme Court and Republican congressional primary elections top Georgia ballots
- Small bump in Covid vaccine uptake, but still well below 2021 peak
- Climate Change Shrinks Nevada's First Big
- Qanon: Conspiracy theories weaponised by Russia and China around US Capitol violence
- Landmark Paris trial of Syrian officials accused of torturing, killing a father and his son starts
- Asbestos exposure register should be continued
Latest articles
Kentucky congressman expects no voter fallout for his role in attempt to oust House speaker
Fascinating 'heat maps' reveal where in the world Brits think famous landmarks are
Coronavirus China: Wuhan lab staff 'had virus symptoms before first confirmed cases'
Asbestos exposure register should be continued
Hush money trial: Trump witness Costello back on the stand after admonishment
Michigan school shooter's mother convicted of manslaughter
LINKS
- BYU hires Suns assistant Kevin Young to replace Mark Pope, who left to coach Kentucky
- Jack Leiter, son of Al, to make major league debut for Rangers on Thursday against Tigers
- BYU hires Suns assistant Kevin Young to replace Mark Pope, who left to coach Kentucky
- Son who offered £5,000 on Facebook to anyone would kill his father before punching the 72
- Campaign to legalize abortion in Missouri raises nearly $5M in 3 months
- St James's Place paid £213K to HMRC for my inheritance tax bill
- The Sky added plenty of star power in the WNBA draft with Kamilla Cardoso and Angel Reese
- Idaho's ban on youth gender
- Georgian police fire tear gas to break up protest against so
- Mesmerising charts show world's most and least populated countries over time