Giuseppe Marotta is the new president of Inter Milan. The Nerazzurri announced the news in a statement. FC Internazionale Milano SpA today announces the proposed appointment of Giuseppe Marotta as its new President., explains the company. The proposed appointments follow the recent change in ownership of the club. On May 22, 2024, funds managed by Oaktree Capital Management took over ownership of Inter following the failure to repay the three-year loan granted by Oaktree to Inter's holding companies.
"I would like to thank Oaktree for their trust in giving me this opportunity to work alongside them and the Board of Directors," Giuseppe Marotta's first words as the new president of Inter. "This appointment is a recognition of the fantastic work done by the many people who have managed the Club over the last three years. I am proud to be part of Inter and I reaffirm my commitment to the Club."
Six new members representing Oaktree have joined Inter's Board of Directors. The Nerazzurri announced the addition ahead of the upcoming shareholder meeting. Joining the confirmed members Marotta and Antonello, as well as independent members Marchetti and Carassai, are Alejandro Cano (Managing Director and Co-Head of Europe for Oaktree's Global Opportunities strategy), Katherine Ralph (Managing Director of Oaktree's Global Opportunities strategy), Renato Meduri (Senior Vice President of Oaktree's Global Opportunities strategy), Carlo Ligori (Associate for Oaktree's Global Opportunities strategy), Delphine Nannan (Senior Vice President of Oaktree's Luxembourg office), and Fausto Zanetton (CEO of Tifosy Capital & Advisory).
The new Board brings together expertise from across Italy and Europe, including the Oaktree team that has worked with the Club since 2021. The new Board members will provide essential experience and expertise to achieve the Club's long-term goals and ensure Inter's prosperity, growth, and success., concludes the Nerazzurri club.
"As new members of Inter's Board of Directors, we understand our responsibility to the Nerazzurri family and Inter's legacy." This is what the Oaktree fund explained after the appointment of Inter's new president and board of directors. "In the role of President, Marotta will give strong continuity to the Club and will bring to the Presidency the experience, passion and dedication gained during a brilliant career in the world of football. - Oaktree emphasizes -The Board of Directors stands ready to support the President and Inter's management to ensure the Club is positioned for continued success on and off the pitch.
EDITORIAL TEAM
Choose the social channel you want to subscribe to