Oaktree To Appoint A More ‘Milanese; Board Of Directors At Inter Milan Following Takeover

Oaktree will be reportedly looking to install a more local board of directors at Inter Milan after taking over the club.

The American investment company are now in the process of acquiring the club following Suning’s default earlier this week.

The club’s departing Chinese owners failed to repay their debt to Oaktree by the deadline. Therefore, their majority shares at the Nerazzurri passed over to the Californian fund.

Oaktree will now be looking to appoint a new board that will take charge of the club.

But according to La Repubblica via FcInterNews, this won’t ensue before mid-June.

The new ownership is reportedly taking its time, as they’re in no rush to sell the club as some observers had previously suggested.

On the contrary, Oaktree could linger for several years before eventually selling Inter at the right time to register a significant profit.

As for the new board, the source expects an increasing number of Milanese compared to Suning’s board.

The six members will obviously depart due to their allegiance to Suning. The same fate awaits departing club president Steven Zhang.

Inter Milan Will Have A More Milanese Board Of Directors Following Oaktree Takeover

The report reveals that Oaktree could either appoint a club icon as new president, or instead opt for a corporate figure.

Moreover, Carlo Marchetti and Amedeo Carassai should maintain their seats. Oaktree placed the duo on the board to act as their representatives and keep an eye on the club’s operations.

Therefore, Marchetti and Carassai will be part of a larger Italian contingent on the new board.