Inter receives a significant capital injection from its new majority shareholder, the Oaktree fund, which has decided to intervene with a €47 million operation to strengthen the club's financial stability. The US fund acquired control of Inter after the enforcement of the pledge related to a €395 million debt, unpaid by the Zhang family.
In an official note, the club explained the details of the operation: “The equity reserves available to the company therefore increase by 44 million through direct cash injections and by 3 million through the conversion of the last remaining portion of shareholder financing.” This intervention is part of a capital strengthening plan aimed at ensuring operational continuity and maintaining high performance, both in the field and at management level.
Inter's press release also underlines the importance of the investments of the new majority shareholder, describing the operation as a sign of the fund's commitment. Oak tree to support the club in the long term: “The investments demonstrate the commitment to achieving the financial and operational stability of the Club, supporting the highest level of performance on and off the pitch.”
Article published on 25 September 2024 - 11:23
