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Oaktree’s Full Takeover of Inter Milan: Why the Biggest Move Means Almost Nothing (Yet)

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The ownership landscape for FC Internazionale Milano experienced a massive shake-up this week. Canadian giant Brookfield Corporation has now wholly acquired the US global asset management firm Oaktree. This isn’t some minor league move either; Oaktree is the company that actually owns Inter, so a complete takeover of Oaktree means a significant shift at the very top for the Nerazzurri.

The Long Road to This Moment

This whole saga didn’t just happen overnight. This process has been brewing since September 2019, when Brookfield initially announced its acquisition of 61.2% of Oaktree Capital Management’s business. That was even before the Chinese retailer Suning took the loan that eventually led to them relinquishing Inter to Oaktree. So yeah, this isn’t a snap decision; it’s the culmination of years of financial chess.

Don’t Expect Fireworks (Yet)

So, what does this actually mean for Inter? Every Nerazzurri fan is asking that, and honestly, the answer is “not much, at least not right away.” La Gazzetta dello Sport clarified that Inter will remain a whopping 99.6% under Oaktree’s control. Oaktree itself manages assets worth US$225 million, which sounds like a ton, but it’s only about a quarter of Brookfield’s massive US$1 trillion-plus portfolio. Acquisitions like this are super common in their world, so don’t be surprised if the day-to-day operations feel… normal. Even Oaktree founders Bruce Karsh, Howard Marks, and Sheldon Stone will stay in the mix, joining Brookfield’s board of directors. For the most part, Oaktree still gets to be the sole supervisor of all Inter operations.

So for now, Nerazzurri fans, it looks like it’s mostly business as usual. But with new money pulling the strings higher up the corporate chain, you gotta wonder if “business as usual” can last forever. Keep an eye on those board meetings, because even when nothing changes on the surface, the groundwork for *everything* can still be laid.

This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.

Originally reported by Yahoo Sports.

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