Otherwise, without the guarantee of fresh capital coming in, the U.S. fund would opt to enforce its lien on Inter’s Luxembourg-based parent, in the face of Zhang’s €385M debt.
by ForzaInter_1908
Otherwise, without the guarantee of fresh capital coming in, the U.S. fund would opt to enforce its lien on Inter’s Luxembourg-based parent, in the face of Zhang’s €385M debt.
by ForzaInter_1908
4 comments
I don’t understand what Zhang is doing here.
We either need to pay down the loan (reportedly, we still have 200M or so unspent) or sell the club. Otherwise the loan would eat us alive, as we are accruing 50M/year in interest alone.
Refinancing the loan won’t help us if we don’t pay down any of it.
I still don’t get why Zhang is trying so hard to keep Inter when all roads lead to a sale regardless. They can’t hold on.
the article doesn’t say that he must find a new owner but a new INVESTOR which is different.
I like Steven a lot . If he will get this loan , Inter will become a self sustain club in 5 years time , without needing an owner . This guy is a small genius person