Inter Milan close to €275m bailout by private equity firm Oaktree
Inter Milan is scrambling to shore up its finances after the collapse of the European Super League (Getty Images)
Inter Milan is said to be closing in on a €275m (£237m) bailout by US private equity firm Oaktree Capital to shore up its finances following the collapse of the European Super League.
As part of the deal, Oaktree would take a 30 per cent stake in the Italian football team and provide a much-needed loan, Bloomberg reported.
The stake would be bought from Hong Kong-based private equity group Lionrock Capital, which also backs shoe brand Clarks and taxi app Hailo.