American fund Oaktree takes over Serie A champion Inter after previous owners failed to repay loan


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MILAN — American fund Oaktree has officially become the new owner of Serie A champion Inter Milan. It brings an end to Suning and Steven Zhang's eight years at the helm. Oaktree has taken over after Suning failed to meet Tuesday's deadline of repaying a debt of nearly 400 million euros ($434 million). That sum stems from a loan taken out three years ago. The news comes just three days after Inter was presented with its 20th league title amid a party atmosphere at San Siro. Inter becomes the seventh Serie A club under American ownership.

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Daniella Matar

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