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Tag: Steven Zhang

Inter will have to continue navigating a suboptimal financial situation next summer, but Simone Inzaghi wishes to still find a way to bolster the squad.

Inzaghi to Meet Oaktree on Tuesday to Discuss Inter Future

May 27, 2024 Marko Vrakela Inter, Serie A
A new dawn is rising in the capital of fashion as Inter embark on a new chapter in the club's storied history following Oaktree's takeover. On the same night the Nerazzurri 'Tifosi' paid tribute to the outgoing president Steven Zhang, manager Simone Inzaghi vowed to hold a comprehensive meeting with the new leadership. 
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Steven Zhang continues to work behind the scenes to keep ahold of Inter ahead of the deadline of a giant loan from Oaktree.

Inter Fans Pay Tribute to Steven Zhang in Serie A Season Finale

May 26, 2024 Marko Vrakela Inter, Serie A
Inter failed to cap off a triumphant Serie A campaign with a win as Hellas Verona held the champions to a goal-glutted 2-2 draw on the final day. But the result took the back seat tonight as the Nerazzurri fans felt obliged to display their gratitude to Steven Zhang at Stadio Marc'Antonio Bentegodi.
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t’ll probably take a few months to learn what really happened between Steven Zhang and Oaktree after the latter seized control of Inter.

Oaktree Takeover Brings In a New Set of Doubts at Inter

May 24, 2024 Enrico Passarella Calciomercato, Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Tactical Trends, Transfer Market
It’ll probably take a few months to learn what really happened between Steven Zhang and Oaktree, as the narrative and reports about his chances of paying off the debt and retaining Inter were positive and optimistic for several months.
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The strategy by Inter on the transfer market shouldn’t drastically change with the US fund Oaktree taking over from Suning.

New Ownership Unlikely to Bring Big Changes at Inter

May 22, 2024 Enrico Passarella Calciomercato, Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
The strategy by Inter on the transfer market shouldn’t drastically shift with Oaktree taking over from Suning. The Chinese conglomerate closed the faucets a few years back, and the Nerazzurri have had to raise funds through sales.
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Steven Zhang didn’t settle his €386M debt by Monday, therefore Oaktree will start the procedure to seize control of Inter, which were used as collateral.

No Late Surprises in Inter, Zhang, and Oaktree Affair

May 22, 2024 Enrico Passarella Calciomercato, Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
Steven Zhang didn’t settle his €386M debt by Monday, so Oaktree will start the procedure to seize control of Inter, which were used as collateral for the loan. The change of hands will take about 15-20 days due to the technicalities.
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Lautaro Martinez walked back his recent statements about his renewal, as he’s aware that the uncertainty at Inter is bound to slow down the proceedings.

Lautaro Gets More Realistic About Contract Extension

May 21, 2024 Enrico Passarella Calciomercato, Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
Lautaro Martinez walked back his recent statements about his renewal, as he’s aware that the uncertainty at Inter is bound to slow down the proceedings: “We’re close and only a couple of things are missing. I realize that the situation could delay it."
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Giuseppe Marotta expressed his hope Zhang would stay at the helm during the Scudetto celebration, but that would be a surprise after he berated Oaktree.

Inter Expected to Keep Current Front Office Regardless

May 20, 2024 Enrico Passarella Calciomercato, Inter, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
Marotta expressed his hope Steven Zhang would stay at the helm during the Scudetto celebration, but that would be a surprise following his statement about Oaktree. Despite the looming ownership change, the whole management and Simone Inzaghi are firmly expected to stay.
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Steven Zhang continues to work behind the scenes to keep ahold of Inter ahead of the deadline of a giant loan from Oaktree.

Inter Fans Sweating as Oaktree Gets Closer to Seizing Club

May 18, 2024 Marko Vrakela Inter, Serie A
These are critical days for Inter owner Steven Zhang. He has until Tuesday to come up with €375 million to repay his debt to Oaktree or risk losing the club to the American asset management firm. 
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With an upcoming meeting looming, Inter will restart from the same three key figures under the Oaktree ownership, the two CEOs and Simone Inzaghi.

Inter Risk an Operational Stoppage Due to Debt Deal

May 17, 2024 Enrico Passarella Calciomercato, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
Steven Zhang is unlikely to put pen to paper with Pimco or Oaktree by end of day despite the looming deadline to repay a massive loan to the former. There could be a technical extension of the terms. The affair might spill over to the courtrooms.
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While Steven Zhang is in advanced talks with Pimco to replace the loan from Oaktree, the process won’t be resolved until very late.

Financial Maneuvers by Inter Owner Down to the Wire

May 16, 2024 Enrico Passarella Calciomercato, Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025, Transfer Market
While Steven Zhang is in advanced talks with Pimco to replace the loan from Oaktree, the process won’t be resolved until very late. The conversations are still ongoing, and some obstacles have emerged. The deadline is May 20th.
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Steven Zhang confirmed he would stay in control of Inter during the Scudetto festivities, but the announcement about the refinancing didn’t arrive.

Inter Patron Still Negotiating Ahead of Key Deadline

May 2, 2024 Enrico Passarella Inter Milan, Italian Football, Serie A, Serie A 2023-2024, Serie A 2024-2025
Steven Zhang confirmed he would stay in control of Inter during the Scudetto festivities, but the announcement about the refinancing of the Oaktree loan didn’t arrive as many pundits expected. He'll retain the team regardless, but he has options.
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Giuseppe Marotta was ecstatic for sealing the 20th Scudetto in the Derby and touched on some matters related to the future of Inter after the game.

Marotta Over the Moon for Title, Addresses Key Topics

April 23, 2024 Enrico Passarella Calciomercato, Italian Football, Juventus, Serie A, Serie A 2023-2024, Transfer Market
Giuseppe Marotta was ecstatic for sealing the 20th Scudetto in the Derby and touched on some matters related to the future of Inter in his post-game remarks: “It was our goal. We dedicate it to our president Steven Zhang and our fans."
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