Steven Zhang is closing in on an agreement with Oaktree to avoid giving up Inter in May. The negotiation to postpone the deadline of a loan had slowed down in recent weeks, but new developments suggest the Nerazzurri, which were used as collateral, won’t change hands in the short term, La Gazzetta dello Sport informs.
The Chinese entrepreneur is trying to buy one or two more years to give the money back. It should happen thanks to an increased interest rate and reassurances about the future of the club. The fund is worried about its direction from a financial standpoint.
The extension would allow Inter and Zhang to explore the project for a new stadium in Rozzano. Moreover, the Nerazzurri haven’t totally ruled out the possibility of staying in a revamped San Siro. A new plan for that is underway.
The agreement would also permit the owner to seek an investor to inject new resources into the outfit, something he has refused to entertain so far.
Zhang hasn’t been in Italy in ages and probably won’t make it for the Scudetto celebration, but he hasn’t blocked the activity of the Inter front office, starting with the renewals. That likely indicates there’ll be continuity at the top. Otherwise, everything would have been stalled at this point.
Nicolò Barella’s new contract is ready, while Lautaro Martinez’s is on its homestretch. Despite those extensions, the Nerazzurri won’t need to massage their payroll in the summer.
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