Last night, the future of Inter Milan was finally reassured. According to Milan Sport, Inter president Zhang Kangyang has finalized a refinancing agreement and will receive a loan of $400 million to repay the previous loan and continue to take charge of the club. Just two days later, Inter will hit the club's 20th league title, and Zhang Kangyang is also expected to win the seventh championship trophy.
In 2021, Zhang Kangyang took out a loan from the Oaktree Fund, which has a term of 3 years and expires at the end of May this year, and Zhang Kangyang needs to repay 375 million euros with interest, and if he fails to repay it when it expires, he will lose control of the Inter club. Recently, it has been rumored that Zhang Kangyang negotiated with some consortia and banks through refinancing, and in the end, Zhang Kangyang obtained a "life-saving" sum of money from the PIMCO fund in the United States.
According to the newspaper Sport, the refinancing amounted to up to US$400 million with a term of 3 years, which can fully repay the previous loan from the Oaktree Fund, and the Zhang family will continue to be at the helm of the Inter club, which will be officially announced in the next 15-20 days. In the past two seasons, Inter's revenue has been rising, losses are also decreasing, next season, Inter will participate in the restructured Champions League and the new Club World Cup, the income will increase significantly, and the new stadium has been promoted, the number of members of the club has also hit a new high this season.
After Zhang Kangyang became the president of Inter Milan Club, Inter Milan has won 6 trophies, including 1 Serie A, 2 Coppa Italia and 3 Italian Super Cups, and has also reached the Champions League and Europa League finals respectively. If they win the Milan derby two days later, Inter will win the Serie A title of the season ahead of schedule, which will be the 20th Serie A title in the team's history, and a second star can be embroidered on the shirt, a historic honour that will be achieved under Zhang Kangyang.