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May 18, 2024 · Inter President Steven Zhang: “Our Efforts Exasperated By Oaktree Legal Threats”. Zhang writes, “Dear Nerazzurri family.”. “This season marks a historic milestone in our 116-year history as we are now proudly wearing two stars on our chests, symbolizing the joint efforts of women and men in Inter.”. “As we near the end of this ...
4 days ago · As early as 2021, Zhang Kangyang used Inter Milan's equity as collateral to borrow 275 million euros from Oaktree Capital of the United States with an annual interest rate of 12%. The two parties agreed to repay the loan on May 20, 2024, when Zhang Kangyang needs to repay about 380 million euros with principal and interest.
6 days ago · Former Inter Milan president Zhang Kangyang Photo: China News Service. The upheaval within Italian soccer champions Inter Milan marks another chapter of mismanaged sporting ambition. US investment ...
May 13, 2024 · From the perspective of business style, like Zhang Kangyang's last financing company OAKTREE (American Oaktree Group), it is a financial enterprise that specializes in dealing with high risk coefficients, and Inter Milan 3 years ago suffered from the impact of the epidemic, had a bad financial situation, and had an annual net revenue of negative 100 million, which was indeed regarded as a ...
May 14, 2024 · Suning.com's billionaire founder Zhang Jindong has resigned as chairman during a leadership shuffle which put an end to his reign of the debt-ridden e-commerce retailing conglomerate, as its new and more diversified shareholder structure is expected to embark on a brighter future for the company.
4 days ago · Serie A giants Inter Milan have been on the cusp of a storm lately after their Chinese owner, Zhang Kangyang, was suddenly forced to relinquish his controlling stake in the team. Led the team to seven championships in Inter's golden age...
May 22, 2024 · May 22, 2024. 0. FILE - Inter Milan President Steven Zhang Kangyang arrives to attend the Best FIFA soccer awards, in Milan's La Scala theater, northern Italy, on Sept. 23, 2019. American fund Oaktree has officially become the new owner of Serie A champion Inter Milan. It brings an end to Suning and Steven Zhang's eight years at the helm.
