No extension for Suning: Oaktree holds May 20 as the loan repayment deadline. After that date, Inter will go to the American fund as confirmed by Corriere dello Sport again today.
Opening of Oaktree in Zhang? According to the Roman newspaper, the move would almost be an ultimatum that would put the Nerazzurri president in a corner. The sole purpose of the extension would be to finalize the Suning group’s negotiations with a new investor, therefore a sort of guarantee of fresh capital with the certainty or near certainty of recovering the money from Zhang.
The news from the CdS is that there are negotiations for the sale of Inter, but the buyer Oaktree found him and not Suning. So no rescheduling: the US fund would have assessed that, even if it granted more time, the prospect would be that of not recovering the money. And so – as the newspaper underlines – it is better for the Americans to proceed immediately with the enforcement of the pledge and then dedicate himself directly to the sale of Inter.
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