Inter Milan win: US firm Oaktree puts the boot in over Suning's debts
American fund Oaktree has officially became the new owner of Serie A champion Inter Milan, bringing an end to Suning's eight years in charge. Oaktree took over after Suning failed to meet Tuesday's deadline of repaying a debt of nearly €400 million. That figure stems from a loan, with interest, taken out three years ago, soon after Inter won its previous league title. It was known at the time the club was going to be hit by record losses because of the coronavirus pandemic. "As of May 22, 2024, funds managed by Oaktree Capital Management, LP are the owners of Inter. This follows the failure to...