"This is very bad news for Inter, because their owners Suning had €2.6 billion worth of shares in Evergrande Real Estate.
There had already been serious liquidity issues at Suning and this will be a further blow to their portfolio.
According to the Bloomberg Billionaires Index, Suning and Inter owner Zhang Jindong has lost $2 billion this year, circa half his fortune."
This Kebab for brains guy decided to leave the greatest club in the world for one that is barely able to pay their players. What a genius he is. At least he knows 10 + 10 = 20
My fear is that all this will make Zhang sell merda even for a bad offer. I mean, what his other choice? Default to Oaktree and get nothing? Yonghong Li is a one-of-a-kind moron

, really doubt Zhang would do the same, although it would be hilarious. Merda's financial situation will not get much better any time soon. They will have 30-40 m more than last year due to ticket sales, but this is nowhere near what they need. On the other hand there are multiple loans that need to be paid by next summer.
Some Mubadala links to Milan. Very preliminary. 370 billion+ in assets….we’d basically be owned by the UAE. Unlimited wealth.
I had no idea what Mubadala is, but after a 1-minute google search, they have my blessing
I am super curious as to who Elliott will sell to.
I think that the reason these gulf countries buy teams aren't for economic reasons, but for the soft-power and PR that comes with owning a team. The utility is important for them.
I also think it is hilarious how willfully ignorant the English are. They are hand-wringing over Saudis buying Newcastle, when the entire country is a vehicle for shady money from the Gulf, Russia, and only God knows where else. Acting like there is some moral line with Saudis buying Newcastle, when the entire English economy is bankrolled by dirty money from around the world, is hilarious to me.
Elliott will sell to the highest bidder. They are not emotion-driven, so they will just maximize their profit. Hopefully, it would be a sale to a very ambitious owner.
The question is when they will sell. The stadium project will take VERY long. If they want to have it built and then sell... we're talking 2026 earliest. If they just need to have the project started, it could be in 2022.
I have said before that I like Elliott as owners. They cleaned up a real mess and may even win the domestic league. I mean, it's crazy success considering they shit-show they inherited in August 2018. Just 4 years later they may have a Scudetto, debt free club, young squad full of talent, modest wage bill and new stadium on the way. It would be an amazing achievement.
However, if we want to fight the big clubs for CL, we need other type of owners. I am not asking for City/PSG type of spending, but we lost countless targets due to small pocket money differences between request and demand. This needs to change if we want to win CL ever again. Big clubs don't lose targets because the selling club requested 1 m more.
Yeah I saw it from the Twitter account that MilanBG mentioned before..
Assuming the rumor about PIF - Inter is true, what makes them interested in Inter not us? I mean we have way better financial situation, more fans internationally (MEA included), and football world has begun noticing our resurrection..
Is it maybe Elliott doesn't want to sell to Saudis? Am I right that we don't have any sponsorhip agreement from Saudis but have one with UAE (World Expo) since Elliott takes over)?
Yeah, sianews may not sound very legit, but his record is really good.
Merda have a LOT of debts. They had 700 m before drawing the one from Oaktree which was 235 m iirc. They probably covered some of them already, but they are still in well over 800 m of debt. Since they are in such financial shit, I doubt Zhang has any leverage in the negotiations. He basically has to sell for any price that will allow him to leave without paying the debt. So, if he has a serious offer lined up, he may have no choice, but to sell. The rumors say that PIF are offering over 1,1 b, so Zhang would be a fool not to sell. Hopefully, it's not true and they end up defaulting to Oaktree
