The Chinese exile must have been particularly tough, especially yesterday, with Inter lifting the trophy for their second star of the league just a few hours after the announcement that their owner, Steven Zhang, was essentially admitting defeat. Unless miraculously finding 380 million in the next 48 hours, Zhang will have to hand over the reigns of Inter to Oaktree on Wednesday. Despite the financial challenges, Zhang has worked tirelessly to maintain the team’s competitiveness, achieving great success, including a historic Serie A title in 2021.
Since 2021 when Suning, the parent company of Inter, faced financial issues in China, Zhang has been strategizing an “exit plan” to sustain the team’s performance. The Zhang family had invested heavily in Inter since taking over the majority shares in 2016. Despite the financial difficulties, Inter’s success under Zhang’s leadership has been remarkable, with a Serie A title in 2021 and other domestic trophies. However, the latest financial turmoil may lead to Zhang’s departure from the club.
With Oaktree set to take control of Inter due to financial constraints, Zhang’s future with the club remains uncertain. Despite his efforts to keep Inter financially stable and competitive, the club’s financial troubles may force him to step down. The future of Inter, both on and off the pitch, hangs in the balance as Zhang navigates through these challenging times, leaving a legacy of success and dedication to the club.
