
[Carlo Festa] Update on Inter. Sources close to the club confirm that in the last 3 to 4 years many Middle Eastern funds and institutions have requested financial information on Inter, but none have never gave concrete follow-up interest. So there is interest, but only ever initial interest.
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[Carlo Festa] The clock is ticking for Steven Zhang. Suning is working on bridge financing (short-term financing) and this would be preparatory for sale. This is all amid rumours of Saudi Arabian interest.
[Corriere della Sera] A member within the circle of the Riyadh Royal Family is interested in acquiring Inter. Negotiations have taken place with the help of Goldman Sachs and Raine Group, investment banks who have been entrusted with the task of “financial reorganization” of the club. Talks are “advanced” and have taken place over the past months in numerous cities including London, Milan, Nainjing and Riyadh. Time is needed to verify how genuine the intentions are, but time is running out given that the Oaktree loan expires on May 20. Steven Zhang still hopes to refinance the loan, but if this is resolved, there would be greater margins for negotiation over the sale of the club.
[Sky Sport] Steven Zhang continues to work on refinancing the loan with Oaktree. He is working on two solutions at the same time. First, to extend the loan with Oaktree. Second, he is negotiating with another English fund which could help manage the loan and the club.