Serie A 2023-24 (40 Viewers)

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Ronn

Ronn

Mes Que Un Club
#3,181
May 3, 2012
20,867
#3,181
s4tch said:
my thoughts exactly

this other poster has a point though. having the basis for business continuity is a fundamental requirement from any serie a team, and the company that was named to provide business continuity for inda will fail to fulfill its purpose once the loan expires



there's an other problem too: negative owners equity would also be a no go under normal circumstances. post covid rules are a bit different, but normal rules will be re-established in a few years. so anyone who buys inda will have to invest ~8-900m (dunno the exact amount) in the club within the next few years (don't remember the exact date, it's either 2026 or 27* iirc, don't quote me on it) to make it eligible for the league. and i think that that's probably why oaktree don't want that shitty club: it's quickly becoming a "not even with a stick" kinda investment

*i wouldn't be surprised if it was 2027. that's when marotta's contract ends. and he probably knows that there's no point in staying further anyway.
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No argument there. And thanks for the numbers.
 

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Knowah

Knowah

Pool's Closed Due to Aids
#3,182
Jan 28, 2013
6,577
#3,182
s4tch said:
my thoughts exactly

this other poster has a point though. having the basis for business continuity is a fundamental requirement from any serie a team, and the company that was named to provide business continuity for inda will fail to fulfill its purpose once the loan expires



there's an other problem too: negative owners equity would also be a no go under normal circumstances. post covid rules are a bit different, but normal rules will be re-established in a few years. so anyone who buys inda will have to invest ~8-900m (dunno the exact amount) in the club within the next few years (don't remember the exact date, it's either 2026 or 27* iirc, don't quote me on it) to make it eligible for the league. and i think that that's probably why oaktree don't want that shitty club: it's quickly becoming a "not even with a stick" kinda investment

*i wouldn't be surprised if it was 2027. that's when marotta's contract ends. and he probably knows that there's no point in staying further anyway.
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I have a different view.

I think Oaktree probably already has a buyer and wants the club. However, I do think there is some possible confusion around this because I have seen some reports that IF Oaktree takes the club from Zhang they must pay the remaining value of the club (if its "worth" 900m and the loan is 300m, they must pay Zhang the 600m variance to take the club). If this is true, then Oaktree must have a buyer lined up before they pay Zhang 600m or whatever. This might be possible, it depends.

I don't think we'll really know until later.

There are many scenarios and many things could result from this. We know from when Milan was seized from its owners over a debt, they stripped the club down to make it in the "black" in terms of stripping out high earners and getting the wage bill under control. This would be one of the worst-case-scenarios for Inter fans. Or they could sell off players to bring the club into the black. Time will tell.

I do think it's probably less likely the best case (for me but worst case for Inter fans) scenario happens but its not zero chance. And deals of this size can be complicated or have issues. For example, if it is a Saudi prince who has told Oaktree he wants to buy the club, this could come with complications due to where the money comes from and such and draw out the process. Any time longer than 6-9 months is very bad news for Inter fans.
 
Knowah

Knowah

Pool's Closed Due to Aids
#3,184
Jan 28, 2013
6,577
#3,184
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swag

swag

L'autista
Administrator
Thread Starter #3,186
Sep 23, 2003
84,750
  • Thread Starter
    • Thread Starter #3,186
    I don't think I could wish anything more for Inter than for it to be owned by an American private equity firm.

    I approve. This is more gold than if they were owned by Ebrahim Raisi.
     
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