Inter Milan On Steady Path To Financial Soundness Under Oaktree But Bond Remains An Issue

Serie A champions Inter Milan continue to march toward balancing their books under the new ownership of Oaktree Capital Management.

According to Gazzetta dello Sport, as reported by FCInterNews, the Nerazzurri have taken all the necessary steps to reduce their debt.

Since taking over the club from Steven Zhang, Oaktree has focused on stabilizing Inter Milan’s financial situation.

They have implemented strategic measures that have significantly improved the club’s financial health.

As a result, Inter’s debt has whittled down from -€246 million to -€36m over the past few years.

Indeed, the recent recapitalization of €47m has further solidified their financial position.

It has allowed them to operate without the looming uncertainty that previously accompanied Zhang’s regime.

Despite the progress, the club still faces challenges, particularly concerning a €415m bond maturing in 2027.

Oaktree’s strategy may involve an early repayment of this bond, especially given the substantial annual interest burden of €29m.

Inter Milan On Steady Path to Financial Soundness Under Oaktree

In addition, Inter must continue addressing the negative value of €66m of the accounting equity of the parent company reported as of June 30, 2024.

That’s a remnant of past financial struggles aggravated by Covid-related losses.

Despite all the struggles, Oaktree looks determined to restore Inter Milan to a position of financial stability and competitiveness.

They seem committed to addressing the club’s existing debt while ensuring that the team stays at a high level on the pitch.

Meanwhile, Simone Inzaghi enjoys the board’s utmost trust.

Indeed, after leading Inter to their 20th Serie A title last term, he has established himself as a central figure at Giuseppe Meazza.

On top of his Scudetto heroics, Inzaghi guided the Nerazzurri into the 2023 UEFA Champions League final.

Though Inter lost to Manchester City in Istanbul, it was a remarkable achievement.

Indeed, it showcased Inzaghi’s tactical acumen and ability to inspire his players on the biggest stage.