Inter's Financial Situation
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10 years of FIFTuttosh1t: Binance, Hisense, and LeoVegas are among the three major candidates to replace cryptocurrency company DigitalBits as Inter’s main shirt sponsor
Binance are also sponsoring Lazio and they seem to have solid investors, unlike FTX.
Binance are also sponsoring Lazio and they seem to have solid investors, unlike FTX.
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Forum Supporter10 years of FIFI'm no crypto expert, but Binance are having a massive run on withdrawals at the moment, they keep telling everyone publicly they're fine, which every finance person will tell you is a good sign that hey arent fine
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10 years of FIF
Nostradamus
Most Diverse PosterThere's no such thing as crypto and fine.
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10 years of FIFThat`s correct, because the only crypto you own is the ones in your wallet (hot or cold).
Crypto influnecers have been urging investors/traders to pull out from exchanges because it`s risky to leave it there.
This was trending after allegdly the 3rd biggest crypto exchange [FTX] collapsed. FTX were doing insane stuff with the money (taking advantage of lack of regulations) and have been pumping money into US politicians to sustain the scam as much as possible.
Binance is a different animal, they are from China (!) and seem to hold on very well in spite of everything going on. They have been setting up instances all over Europe, so in case USA pulls some hard regulation they can still go on and generate profits.
Everyone`s risk tolerance is different, but you seem to have a strong opinion on this. What`s your argument?
Maybe we need a separate thread for crypto somewhere here on FIF
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10 years of FIFIf I had fucked up at work to the magnitude that Antonello has here, I'd be fired and blacklisted from the company.
By the way, I'm fairly sure Roma are still getting paid by DigitalBits.
By the way, I'm fairly sure Roma are still getting paid by DigitalBits.
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Signing with a shady sponsor with close to zero down payment and no further assurances is idiotic and surely is a sackable offense.
Given the global increase in interest rates, what is he going to renegotiate ?
ZHANG WORKING TO REFINANCE INTER’S OAKTREE DEBTS
Dec 21, 2022 08:40 - by Apollo Heyes - Leave a Comment
Today is Inter president Steven Zhang’s 31st birthday and he has made it clear that he has no intention of selling the club as he works to refinance the club’s €295m debts with Oaktree.
La Gazzetta dello Sport details how the Nerazzurri president is looking for solutions to the Milanese outfit’s €295m debut plus 12% interest with US fund Oaktree, which is due in May 2024. Zhang is working to refinance this debt, either with Oaktree or another partner, and has underlined his intentions not to sell Inter, despite regular rumours in the media.
Zhang himself discussed his plans at Inter’s Christmas dinner last night, detailing his intentions and where he wants the club to go next.
“Our goal is to win, to inspire and entertain people, it must be in the spirit of this club always, in every season. When I arrived at the helm of this club I thought it would be difficult, if not impossible, to win.
“We lifted three trophies, we went to the Round of 16 in the Champions League two years in a row. And this was achieved thanks to the work of everyone.
“Inter will always have the goal of winning in the future. And of course we also want to do it in 2023, trying to achieve another goal as well, to be among the top eight teams in Europe.”
Zhang reportedly went wild during the party, toasting, singing loudly and dancing to the ‘We are Inter’ song. Despite the club’s tough financial situation, his and Suning’s commitment is seemingly concrete and now the goal is to refinance the €295m debt.
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10 years of FIFAt this point, do we hope that Zhang defaults on the repayments and we end up as an Oaktree property?
I imagine they’d want to move us on pretty quick, but I don’t know what kind of ownership we’d end up with through that scenario.
I imagine they’d want to move us on pretty quick, but I don’t know what kind of ownership we’d end up with through that scenario.
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Forum Supporter10 years of FIFTBH, Oaktree will primarily focus on getting their money back - which isnt actually a huge sum, so it might be good for Inter. Sell us cheaper, new owners wont see it as burdensome to invest in 300m or something hopefully
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10 years of FIF0:30
Your club is broke as fuck, for what ever reason you don't sell the club and on top of that we will probably lose a player for free that some month ago was leaving for 70M, .. but hey, real talk: NOI SIAMO L´INTEEEEEEEEEEER.
grande zhang!!!!!!!!!!!!!!!!!!!!
Your club is broke as fuck, for what ever reason you don't sell the club and on top of that we will probably lose a player for free that some month ago was leaving for 70M, .. but hey, real talk: NOI SIAMO L´INTEEEEEEEEEEER.
grande zhang!!!!!!!!!!!!!!!!!!!!
