Inter Milan's debt problems have left Suning Shao's owner Zhang Kangyang anxious. According to the Italian newspaper Milan Sport, Inter president Zhang Kangyang is expected to rely on the club's financial improvement to persuade the lender Oaktree Capital to delay the repayment of the 275 million euros of loans and interest previously borrowed from it. After being knocked out of the Champions League knockout round by Atletico Madrid, Inter Milan lost at least €40 million in ticket and prize money. This also made Zhang Jingdong and his son unable to fulfill their promise to turn Inter into a profit, which made Oaktree Capital, as a creditor, worried about Inter's financial situation, and they wanted to force Suning Group to sell Inter Milan before the debt matured and cash out.
In order to keep the right to operate Inter Milan, Zhang Kangyang is also looking for new investors, trying to repay the debt of Oaktree Capital through debt refinancing, and still control Inter Milan. But trapped in Italy, with a poor economy and the declining competitiveness of Serie A, no one wants to accept the mess of Inter. Just when Inter's life was hanging by a thread, Zhang Kangyang finally waited for his savior at the last moment, a salary owner with an annual income of up to 940 million euros agreed to inject capital into Inter Milan, and the arrival of the new owner also allowed Zhang Kangyang and Suning Group to successfully retain the ownership of Inter, and Oaktree Capital is also likely to compromise and agree to Suning Group to postpone the payment of loans.
IT IS UNDERSTOOD THAT THE INJECTION OF FUNDS FOR INTER MILAN IS A SWEDISH CONSORTIUM CALLED BETSSON, WHO WILL REPLACE PARAMOUNT AS INTER MILAN'S NEW CHEST SHIRT SPONSOR NEXT SEASON. THEY SIGNED A FIVE-YEAR SPONSORSHIP CONTRACT WITH INTER MILAN, AND BETTSSON WILL PROVIDE INTER MILAN WITH 30 MILLION EUROS PER YEAR IN SPONSORSHIP FEES. This means that Inter Milan will receive 150 million euros in sponsorship fees from the Swedish consortium over the next five years. BETTSON IS NOT WELL-KNOWN IN THE INDUSTRY, BUT THEY HAVE A REGULAR INCOME OF 940 MILLION EUROS A YEAR. With the injection of new metal, Inter Milan will fill the funding gap left by the previous Champions League exit and help Inter Milan turn a profit.
As Inter president Zhang Kangyang played the last card in his hand, Oaktree Capital also had to compromise and reach a new debt moratorium agreement with Inter Milan. In recent seasons, Inter Milan has made great progress in terms of results and business operations, and it is believed that with the help of the new owners and the improvement of Inter Milan's results, Inter's financial situation will get better and better. Although Suning Group has not had a good time in recent years, it sincerely hopes that Zhang Kangyang can keep this European giant held by Chinese-funded institutions through his own business operations.