Soccer-Italy's Inter Milan secure financing deal with Oaktree funds


FILE PHOTO: Soccer Football - Serie A - Inter Milan v Sampdoria - San Siro, Milan, Italy - May 8, 2021 Inter Milan players celebrate after the match REUTERS/Alessandro Garofalo/File Photo

MILAN (Reuters) -Italian soccer club Inter Milan have reached a deal to secure financing from funds managed by Oaktree Capital Management, Oaktree said on Thursday.

Inter, crowned Serie A champions this month for the first time in 11 years, have been hit by fallout from the COVID-19 pandemic and the club's owners had been discussing a deal for months to shore up the finances.

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