Inter Milan owners Suning are right on the verge of securing a huge loan from PIMCO – but the future could still hold being changes.
This according to today’s print edition of Milan-based newspaper Gazzetta dello Sport, via FCInterNews. The newspaper anticipates stability in the Nerazzurri’s sporting project, but also the possibility of a sale in the relatively near future.
The Gazzetta confirm that Suning will make a new loan from US-based fund PIMCO official by the end of this coming week.
That loan will be for around €430 million. Such an amount will be more than sufficient for the Nerazzurri owners to pay back their debt to Oaktree Capital and remain in control.
But there is still plenty of uncertainty about the future, notes the Gazzetta.
Sporting Stability Guaranteed But Sale Still Possible – What Suning Loan From PIMCO Could Mean
On the pitch, the Gazzetta anticipate that this new loan will entail stability for Inter’s sporting project.
The club should be able to move forward with some key contract extensions. These include captain Lautaro Martinez, midfielder Nicolo Barella, and coach Simone Inzaghi.
And in the transfer market this summer, Suning and President Steven Zhang want Inter to strengthen.
That won’t be easy – the loan doesn’t change the fact that the Nerazzurri cannot fund signings without sales.
But Inter have managed to strengthen in these conditions over the last few summers. And the club will try to repeat the trick this time around.
The dream would be to pull off a big signing like that of Genoa forward Albert Gudmundsson.
Meanwhile, off the pitch, the new loan will guarantee Suning keeping control of Inter for the short-term future.
But hardly for the longer team.
The Gazzetta note that Suning continue to value Inter at around €1.2 billion. If an offer of this size comes in, then a sale of the club could certainly be forthcoming.
The clubs results on the pitch in the last couple seasons – reaching the Champions League final, winning Serie A, and qualifying for the Club World Cup – could push this to becoming a reality.
Those results have raised the value of Inter’s brand significantly.
And then there is the ongoing question of the Nerazzurri’s stadium situation. That could further make the club an attractive proposition for potential buyers.
But in the meantime, Suning will be at the helm. Even if they do end up selling Inter in the coming months or years, they’ve bought themselves time to do so without excessive pressure.
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