Oaktree to buy Lionrock's stake in Inter Milan in US$336 million financing deal - sources

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Oaktree Capital Group is set to buy Lionrock's minority stake in Inter Milan as part of a 275 million euro (US$336 million) financing deal needed ...

Oaktree Capital Group is set to buy Lionrock's minority stake in Inter Milan as part of a 275 million euro financing deal needed to shore up the Serie A club's finances, two sources close to the matter said.

FILE PHOTO: Soccer Football - Serie A - Inter Milan v U.S. Sassuolo - San Siro, Milan, Italy - April 7, 2021 General view inside the stadium before the match REUTERS/Daniele MascoloMILAN: Oaktree Capital Group is set to buy Lionrock's minority stake in Inter Milan as part of a 275 million euro financing deal needed to shore up the Serie A club's finances, two sources close to the matter said.

Chinese retail giant Suning owns 68.5per cent of the top league club, which is suffering due to the fallout from the COVID-19 pandemic, with Lionrock Capital owning the rest.Source: Reuters

 

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