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Inter Milan have reportedly become the latest team linked with a potential Saudi Arabian takeover.
Despite being top of the Serie A table, with a 14-point lead over rivals AC Milan in second place, the Nerazzurri are still experiencing some financial difficulties.
Last season, the club reportedly ordered its advisers to begin searching for potential buyers after showing losses of around £120 million (€140 million).
While they failed to find anyone to complete the acquisition last year, their hopes may have changed now that reports claim there is interest from Saudi Arabia.
According to an Italian media republicA family from the kingdom of Saudi Arabia has become interested in the Serie A team and is thinking of acquiring it.
Inter Milan have become the latest team linked with a possible takeover from Saudi Arabia.
Last season, the club reportedly recorded losses of around £120m (pictured: former Inter star Romelu Lukaku, left, and club boss Steven Zhang, right).
He states that “the PIF does not have any direct interest in Italian clubs, but in principle it cannot be ruled out that some families will move.”
In 2021, a Saudi Public Investment Fund (PIF) consortium completed the acquisition of Newcastle United, where reports suggested they also wanted to buy an Italian team.
The report goes on to claim that a £235 million (€275 million) loan granted to the current owners of Inter Milan will expire on May 20.
Negotiations are reportedly underway between Inter boss Steven Zhang and Oaktree Fund to postpone the loan repayment date.
In 2022, it was reported that the club’s minimum objective in its investment search was to pay off the loan from the California-based company Oaktree Fund.
The Nerazzurri, despite their financial problems, occupy the top of the Serie A table in 2023-24
Zhang met with consultants from Goldman Sachs and acknowledged that he could no longer manage all the club’s expenses alone.
The Nerazzurri will be hoping talks over a possible takeover do not ruin the end of their season as they look to lift the Serie A title.
With just one defeat in their 31 league games so far, Simone Inzaghi’s side have become one of the most consistent and impressive sides in Europe.