AI-assisted, human-published

05/22/2024 /Exits

Oaktree Capital Management Takes Ownership of Inter Milan

AI-assisted, human-published

Oaktree Capital Management, L.P. has assumed ownership of FC Internazionale Milano as of 22 May 2024, following the non-repayment of a three-year loan to Inter Milan’s holding companies.

 

The loan, totaling approximately €395m, matured on 21 May 2024. In May 2021, Oaktree provided rescue capital to stabilize the club’s financial situation, enabling it to continue operating and paying its players and employees. Since then, Inter has achieved significant success, including winning Coppa Italia and Supercoppa titles, earning the Scudetto title, and reaching the UEFA Champions League final.

 

Oaktree is dedicated to ensuring the long-term prosperity of Inter Milan, focusing on operational and financial stability, and committing to sustainable growth and success. The company aims to work closely with the current management team, partners, and governing bodies to position the club for success.  Oaktree, a global investment manager with $192 billion in assets under management, specializes in alternative investments, emphasizing a value-oriented and risk-controlled approach. The firm has over 1,200 employees and offices in 23 cities worldwide. For more information read here.

 

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