Inter owners Oaktree taken over completely by Brookfield
Inter are now technically under Canadian ownership, as investment fund Brookfield have purchased 100 per cent of owners Oaktree, but it should not affect the club or San Siro project.
It was confirmed that Brookfield have now acquired the remaining 26 per cent stake of Oaktree Capital Management in a deal worth approximately €3bn.
It has been in the works for a while, with Brookfield acquiring a majority stake in Oaktree six years ago, now valuing the entire Los Angeles-based credit and distressed-debt investor at a total of $11.5bn.
Inter history of ownership
Oaktree took control of Inter in May 2024 when effectively repossessing the Serie A club, as previous owners Suning defaulted on a loan repayment to the company.
They promoted general manager Beppe Marotta to President, and kept the directorial team intact.
That is not expected to change now that Oaktree have been completely taken over by Canadian fund Brookfield.
The only area where there might be some concern is the sale of San Siro to Milan and Inter, but here too it should not be a significant issue.
The first payment of €73m for the purchase of the San Siro land from the local council of Milan is due in 10 days’ time.