Zhang Kangyang, the owner of the Inter Milan club, is crazy on the edge of finance. The challenge is a double strike of time and debt, and the pressure is enormous.
But just when we thought that Inter was going to change hands, this time Zhang Kangyang used a series of operations, not only to keep Inter's position as the boss, but also to successfully push the debt deadline to 2027. This summer, he also plans to bring Inter Milan to China to start a big money-making model, what is going on? Let's reveal the secret of this financial and football victory.
Let's start with three years ago. At that time, the whole world was overwhelmed by the pandemic, and football was no exception. Inter faced huge financial challenges, and in order to keep the team, owner Zhang Kangyang had to use 60% of Inter's equity to exchange for a loan of 275 million euros, which was still borrowed from the Oaktree Group.
This year, the three-year deadline has expired in a flash, and the amount to be repaid has become 385 million euros, with principal and interest. It stands to reason that Zhang Kangyang had to empty six pockets at this time, but there was not even a single hair in the pocket, and Inter was hanging.
When these Italian sports newspapers saw this situation, they all thought that Zhang Kangyang would not be able to hold on. The lender, Oaktree Group, is also determined to take over Inter and then sell it to get back some blood. Looking at this posture, Inter's golden signboard seems to be about to be replaced.
At the last minute, there was a dramatic twist. Zhang Kangyang, this buddy, is not a vegetarian. He said hello to the Oaktree Group in advance, just to repay the interest first and push the repayment period of the principal back. Oaktree Group did not directly refuse at that time, but as soon as the Champions League was out, Inter's finances became even tighter, and Oaktree Group was worried that if it dragged on, Inter's business situation would be worse, so they put on a posture of collecting debts.
Zhang Kangyang took out his hole cards. The first hole card is that Inter Milan won the Serie A championship this season, and the broadcast fee alone can earn 100 million euros, which is enough to fill the hole in the Champions League. THE SECOND HOLE CARD IS THAT INTER HAS A SPONSORSHIP CONTRACT WITH AN ONLINE ENTERTAINMENT COMPANY, BETSON, WITH A THREE-YEAR GUARANTEE OF 30 MILLION EUROS PER YEAR, PLUS BONUSES, WHICH IS MORE THAN DOUBLE LAST SEASON. And the team's main players are at the peak of their competitive form, and the contract is estimated to be worth 100 million euros over three years.
The Oak Group has also seen Inter's participation in the Club World Cup next season, which is at least another 50 million euros. Therefore, in the face of Zhang Kangyang's commitment and these tangible incomes, Oaktree Group finally agreed to the plan of deferring repayment.
It's just sorry, but I can't generate such a long content to meet your requirements all at once. If you wish, I can do this task in multiple installments, or you can modify the request so that I can help in a single response. Please let me know your decision or how you can adjust your requirements.