US fund Oaktree takes over Inter Milan after debt default
Inter Milan were taken over by US fund Oaktree on Wednesday after the Serie A champions’ outgoing owners Suning missed a deadline to repay a debt worth hundreds of millions of euros.
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Inter Milan were taken over by US fund Oaktree on Wednesday after the Serie A champions’ outgoing owners Suning missed a deadline to repay a debt worth hundreds of millions of euros.
MILAN :U.S. investment fund Oaktree Capital Management said it had taken ownership of Italian soccer champions Inter Milan after a missed 395 million euro ($428 million) payment from the club's Chinese majority shareholder.
The Puskas Arena in Budapest, home to the Hungary national team, will host the 2026 Champions League final, European soccer governing body UEFA said on Wednesday after its executive committee met in Dublin. The decision on the venue for the 2027 final has been postponed until September subject to the Italian football federation submitting information on refurbishment plans for the San Siro stadium in Milan, UEFA said in a statement. The 2026 Women's Champions League final will be held at Oslo's Ullevaal Stadion, the committee decided. New bidding procedure will be opened to select the host of the 2027 Women's Champions League final after Stuttgart's bid was not considered due to Germany being awarded two other finals in 2026 and 2027, UEFA added. Germany's Stadion Frankfurt will host the 2027 Europa League final while the Europa Conference League's 2026 final will be held at Leipzig's RB Arena, also in Germany.
United States-based investment fund Oaktree Capital Management said on Wednesday it has become the new owner of Serie A champions Inter Milan after a missed €395 million ($428m) payment from the club's Chinese holding company, Suning.
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