In recent news, it has been announced that United States-based investment fund Oaktree Capital Management has officially taken over as the new owner of Serie A champions Inter Milan. This ownership change comes after a missed payment of €395 million from the club’s Chinese holding company, Suning. Oaktree originally granted a loan to Suning in 2021, which was backed by their stake in the club. With Suning’s failure to meet the repayment deadline, Oaktree has now stepped in to take control of Inter.
Amidst the change in ownership, there has been speculation about what the future holds for Inter Milan. While it was initially unclear whether Oaktree would seek to sell the club, managing director Alejandro Cano has stated that the focus is on the long-term. It has been reported that Oaktree does not have immediate plans to offload Inter, and instead, they are committed to being a “patient investor.” Cano emphasized the importance of operational and financial stability, expressing admiration for Inter Milan’s current management team.
Founded in 1908, Inter Milan is one of the most storied football clubs in Italy, having secured the league title a total of 20 times. The club is home to top players such as Lautaro Martínez and Nicolò Barella, making them a powerhouse in Italian football. With Oaktree Capital Management now at the helm, there is a renewed sense of responsibility towards preserving Inter Milan’s rich history and legacy. Cano, as the new owner, has acknowledged the importance of honoring the club’s community and traditions.
Inter Milan’s ownership by Oaktree Capital Management marks a significant addition to the growing list of Serie A clubs under American ownership. The likes of AC Milan, Atalanta, Fiorentina, Roma, Genoa, and Parma are already under American control, highlighting a shift in the ownership landscape of Italian football. With this trend, there is a new wave of investment and strategic direction being brought to Serie A clubs, with a focus on sustainability and long-term growth.
The acquisition of Inter Milan by Oaktree Capital Management signifies a new chapter in the club’s history. With a commitment to stability, longevity, and respect for tradition, Oaktree is poised to lead Inter Milan into a promising future. As one of the crown jewels of Italian football, Inter’s fans can expect a renewed sense of ambition and dedication from their new owners.
Leave a Reply