💨 Abstract

investment fund Oaktree Capital Management has invested €47 million ($52 million) into Italian soccer champions Inter Milan, aiming to enhance the club's financial and operational stability. This injection reduced Inter's loss from €85 million to €36 million in the 2023-2024 fiscal year, thanks to a revenue increase and positive sporting results. The investment supports the club's objective of sustainable growth and success.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖