Latest news with #OaktreeCapital
Yahoo
2 days ago
- Business
- Yahoo
Inter Milan President Confirms ‘Oaktree Ready To Invest Big This Summer' – Adds ‘Chivu Not A Second Choice'
Inter Milan President Beppe Marotta confirms owners Oaktree Capital are 'ready to invest big' this summer, and Cristian Chivu is 'not a second choice.' The Nerazzurri President addressed the summer transfer spending plans in the team's preseason press conference, as reported by FCInterNews. Inter Milan's summer transfer window is now in full swing. It has already been a busy summer for Inter. The month of June saw coach Simone Inzaghi leave as coach after four years, and Cristian Chivu arrive to replace him. Meanwhile, Inter have completed three major signings already. Petar Sucic, Luis Henrique, and Ange-Yoan Bonny have all arrived. Meanwhile, Inter are reportedly pursuing Ademola Lookman now. This has been a summer which has seen Inter look to lower the average age of the squad. Reports that Oaktree Capital are ready to invest in signings provided the players are young, have room to grow and resale value, look to have been confirmed. Marotta: 'Oaktree Ready To Spend Big This Summer, Chivu Not A Second Choice' PASADENA, CALIFORNIA – JUNE 17: Cristian Chivu, Head Coach of FC Internazionale Milano (Photo by) Inter Milan President Beppe Marotta made clear that 'the owners are very keen on the development and increasing the value of our club.' 'The new stadium is right at the heart of Inter and Oaktree,' he said. 'Back to sporting matters, we ended last season going right to the end in all competitions. We lost the Champions League final, and we came in second by a hair in the league.' 'Now we have to try and close that gap,' said the Inter President. 'But getting there is very difficult. We've reached great things, but today we're starting again with the same ambitions.' Marotta made clear that 'inter have a history and a record to defend.' 'There's no point hiding behind platitudes like 'We have to finish in the top four.' We want to win, that's everyone's goal.' 'Our new cycle begins with a new coach,' Marotta continued. 'Cristian Chivu.' 'I've read that he was a backup solution, a second choice. Nothing could be further from the truth.' The Nerazzurri President commented that 'When Oaktree and I outlined the model for the team we were building, we tried to identify the right kind of coach.' 'The fact that we also approached someone else doesn't diminish Chivu's standing,' Marotta said, hinting at Inter's efforts to appoint Cesc Fabregas. 'On the contrary. It helped us strengthen our idea regarding a young coach. Because he has one advantage above all: He knows the environment, he understands the values of the club.' Meanwhile, Marotta acknowledged that 'the model has changed' at Inter. 'Oaktree, with great foresight, have shown a willingness to make significant figures available to the directors,' he continued. 'To invest in specific age profiles.' 'We've made a few signings already. And the transfer window is still open, there's still a month left to go.' 'So we'll keep going,' Marotta assured.
Yahoo
3 days ago
- Business
- Yahoo
Report – Inter Milan On The Verge Of Increased Offer For Atalanta Talisman
Inter Milan are on the verge of making an increased offer for Atalanta forward Ademola Lookman. This according to today's print edition of Milan-based newspaper Corriere della Sera, via FCInterNews. They report that the Nerazzurri will tack €3 million plus €2 million in add-ons onto their bid. Inter Milan have made Atalanta's Ademola Lookman their priority target. The Nerazzurri made an offer of €40 million for the Nigerian earlier this month. However, Atalanta rejected this initial bid – giving Inter a counteroffer of €50 million. However, that has not deterred Inter. Far from it – they are aiming to return with another offer very soon. Inter On The Verge Of New Bid For Atalanta Forward Ademola Lookman BERGAMO, ITALY – MAY 12: Ademola Lookman of Atalanta warms up prior to the Serie A match between Atalanta and AS Roma at Gewiss Stadium on May 12, 2025 in Bergamo, Italy. (Photo by) The Corriere della Sera report that Inter owners Oaktree Capital have authorized another, higher offer for Lookman. The Nerazzurri owners have given the green light to a bid of €43 million, plus €2 million in add-ons. Therefore, Inter are essentially ready to split the difference with their first offer and Atalanta's €50 million valuation. The Corriere della Sera confirm recent reports that Inter will lodge this new bid this week. Likely within the first day or two of the week. Therefore, Inter are clearly pushing to get a deal over the line quickly.
Yahoo
5 days ago
- Business
- Yahoo
Report – Inter Milan To Make Improved €45M Offer For Atalanta Talisman Next Week
Inter Milan are planning to raise their offer for Atalanta forward Ademola Lookman to €45 million next week. This according to Corriere dello Sport editor Ivan Zazzaroni. he reports in an Instagram post that the Nerazzurri have a budget of €100 million for the summer from Oaktree Capital, and will prioritize Lookman. Inter Milan are pushing to sign Atalanta forward Ademola Lookman. The Nigerian international is their top target in attack this summer. The Nerazzurri have already made an offer to Atalanta for Lookman. La Dea have rejected the initial bid, which Inter have not yet increased. However, the player himself reportedly wants to join. Widespread reports indicate that Inter's first offer to Atalanta was for €40 million. Atalanta, on the other hand, are reportedly holding out for around €50 million. Inter To Raise Offer To Atalanta For Ademola Lookman To €45M Next Week BOLOGNA, ITALY – SEPTEMBER 28: Ademola Lookman of Atalanta BC looks meanwhile. However. on during the Serie A match between Bologna and Atalanta at Stadio Renato Dall'Ara on September 28, 2024 in Bologna, Italy. (Photo by) Corriere dello Sport editor Ivan Zazzaroni anticipates that Inter will increase their bid soon. Zazzaroni, who had initially reported that Inter are working to sign Lookman last week, wrote in an Instagram post that 'Oaktree have made €100 million available to Marotta and Ausilio for transfers.' 'Lookman is their priority target,' he adds. Zazzaroni predicts that 'next week Inter will raise their offer to €45 million.' 'Then the ball will be in Percassi's court,' he adds, referring to the Atalanta CEO. 'And that of Lookman himself.'
Yahoo
22-07-2025
- Business
- Yahoo
Report – Inter Milan Snatch Away Brescia Director To Bolster U23 Backroom Staff
Inter Milan have agreed the transfer of Andrea Mastropasqua to join the U23 backroom staff from Brescia. According to Corriere di Brescia via FCInterNews, Brescia's senior executive will take the job at San Siro. In addition to overhauling the first-team squad, Inter are working meticulously on reinforcing the youth team. Indeed, they've already appointed Stefano Vecchi as the new head coach and signed several exciting talents. However, the Nerazzurri are reluctant to stop there as Oaktree Capital have big plans for the youth sector. Andrea Mastropasqua Joins Inter Milan U23 Backroom Staff Despite moving to Brescia in February to replace Luigi Micheli, Mastropasqua will soon embrace a new challenge. Indeed, he will play a massive role in building Inter's next generation as he prepares to join the U23 squad. Mastropasqua used to co-operate with iconic Brescia president Massimo Cellino. Therefore, his skills and experience make him a valuable asset for Inter's long-term project. Meanwhile, the Nerazzurri believe his leadership and vision will help lay strong foundations for the U23 side.
Bloomberg
22-07-2025
- Business
- Bloomberg
London IPO Hopeful Utmost Group Weighs Sale of Pensions Unit
Utmost Group, a British insurer backed by Oaktree Capital Management, is considering a sale of its UK life and pensions business ahead of a potential London listing. The firm is working with advisers at financial services-focused boutique Fenchurch to explore options for the unit, including a potential disposal, people familiar with the process said. The deliberations are at an early stage and there's no certainty they will result in a deal, the people said, asking not to be identified discussing private information.
