Yardbarker
x

A loan from PIMCO to Inter Milan owners Suning isn’t changing the club’s summer transfer plans.

Today’s print edition of Turin-based newspaper Tuttosport, via FCInter1908, report that it will be another “net zero” summer window for the Nerazzurri.

Inter have been waiting for weeks to see what would come of the future of owners Suning.

The Nerazzurri owners have been working to sort out the situation of the looming deadline of a massive loan from Oaktree Capital.

And Suning are close to finally resolving that situation. They will refinance their debt to Oaktree with a new loan from PIMCO.

That means that there is clarity about the ownership and financial situation at Inter. At least compared to recent months, and at least for the short-term future.

The question then could become how this newfound clarity about the ownership will affect the transfer market.

According to Tuttosport, the answer is not very much at all.

No Change With PIMCO Loan – Another “Net Zero” Summer Window For Inter

Last summer, Inter had a “net zero” transfer window.

Essentially, that meant that any signings needed to be financed by sales.

That was actually an improvement over the previous couple of summers for the Nerazzurri.

Particularly in the 2021 summer transfer, Inter needed to record a huge net profit in the window due to a perilous financial situation.

That was not the case last time around. And it won’t be this summer either.

Inter are not obligated to sell any players for big fees. They simply have to account for any money they spend on signings with equivalent sales.

And that will continue to be the case with the PIMCO loan.

That loan may be important in clarifying Inter’s future off the pitch. But it will not mean that there is suddenly extra money to invest in the transfer market.

This article first appeared on SempreInter.com and was syndicated with permission.

More must-reads:

Customize Your Newsletter

+

Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.