Inter Milan seized by US fund after Chinese owner defaults on debt
Storied Italian club won Serie A last season
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Storied Italian club won Serie A last season
The fund has taken control of the club after conglomerate Suning Holding Group failed to repay $428 million.
(Bloomberg) -- The days of Suning Holdings Co. Ltd. at the helm of FC Internazionale Milano SpA look numbered as its deadline draws near to either repay debt due to Oaktree Capital Management or risk ceding control. Most Read from BloombergIranian President Is Missing After Helicopter Crash in Dense FogGantz Says He’ll Quit Unless Netanyahu Moves to New War PlanEven if Alito Is Right, the Upside-Down Flag Was WrongChina-Bound Oil Tanker Hit by Houthi Missile in Red Sea, US SaysA 25-Year-Old BofA
In what the leading Spanish-language broadcast firm says is a landmark arrangement that further capitalises on the success of Turkish formats for Spanish-speaki...
His conviction was based solely on the allegation that, as a director of Rustavi 2, Nika Gvaramia used the TV station’s company car for personal reasons.