Zhang Kangyang and the chairman of Oaktree Capital failed in the first round of negotiations
Recently, Italy's Rome Sports newspaper claimed: Suning Shao advocated that Kangyang failed to persuade Oaktree Capital to ask for a loan extension for them, and the American foundation considered kicking Suning out, and they are ready to take over Inter Milan completely!
Suning Shao advocates Kangyang
If Zhang Kangyang still wants to own Inter, then he must repay about 350 million euros of Oaktree Capital by May 20, including a loan of 275 million euros plus about 80 million euros of interest, about 2.8 billion yuan, which is really difficult for Suning Group, to see if Zhang Kangyang can continue to convince this American foundation in the future!
Zhang Kangyang
Previously, Zhang Kangyang said that he could extend the loan term to 2026 or 2027 and raise the interest to 16%? Previously, the total loan amount was 275 million euros and the interest rate was 12%, Zhang Kangyang proposed to Oaktree Capital to settle all the interest owed by May 20 this year, about 100 million euros, and if he agreed to this proposal, he assured Oaktree Capital that if the loan term was extended to 2026 or 2027, he could increase the interest to 16% or even 20% , that is, the annual interest is about 60 million euros, but Oaktree Capital doesn't seem to trust him very much anymore and does not agree to his proposal for the time being!
Serie A standings
At present, Inter Milan's results are not bad, Suning Group does not want to let go at this time, they want to continue to go further, although the Champions League top 8, was unfortunately eliminated by Atletico Madrid, but the league they are likely to win the championship again, after all, there are still 9 rounds of league left, they are already 14 points ahead of the second AC Milan, it can be said that the championship is already in the bag, Suning Group does not want to give away Inter Milan at this time!
Zhang Kangyang
Although Zhang Kangyang proposed to extend the loan, which can give them higher interest on the capital, Oaktree Capital has not yet agreed to Suning's proposal for the time being, because they consider that if they continue to extend the loan, it may have an impact on the value of the Serie A giant, because if the loan is deferred again and again, the accumulated debt will be higher and higher, if Suning Group still cannot repay the loan on time after the loan is extended, then it will be difficult for them to find a buyer who is willing to repay the debt for Suning and buy Inter Milan！
The trophy won by Inter
At present, the American foundation is considering taking over Inter Milan in its entirety, and then quickly selling it for a good price, but for Suning Group, this is not good news, they don't want to give up Inter Milan now, and still want to firmly control it, so in the next two months, it depends on whether Zhang Kangyang can come up with a more attractive solution to convince Oaktree Capital to ask for their loan extension, and for Oaktree Capital, they have already made enough money on Suning, now let's see how much money Suning still has to squeezeIf Suning really has no money, then they will quickly control Inter and find a suitable buyer to show up, there is no friendship to talk about, after all, it is capital first! This debt crisis is probably too difficult for Suning, and it is estimated that Inter will most likely be taken over by American capital!
Suning Group
So far, Suning has spent at least 1 billion euros on Inter, which is why Suning has been asking for 1 billion euros in the early stage. There is no data in the past few years, but the previous period ST Tesco invested in Inter 50 million was sent a letter by the Securities Regulatory Commission, it can be seen that the investment in recent years will not be less, plus now Suning will price Inter 1.2 billion euros, may have exceeded this number of actual investment, if this is the case, if Suning loses Inter, he can only get back 2 to 300 million euros, the loss may be about 10 billion yuan, this time it is really messed up!