Inter Milan’s €50m summer budget set by Oaktree

Oaktree has set a €50m transfer budget for Inter Milan's summer window, with head coach Cristian Chivu demanding specific signings, and player sales expected to top up the sum. The plan follows Oaktree’s May 2024 takeover after Suning failed to repay an estimated €395m loan.

Since assuming control in May 2024, Oaktree has kept the €50m baseline consistent with its established operating pattern. During the first quarter of the 2024‑25 fiscal year the fund injected roughly €47m of new capital and absorbed €40‑50m in losses without requiring a marquee player sale.

Head coach Cristian Chivu has outlined a clear shopping list that includes two centre‑backs, a second midfielder and the acquisition of Marco Palestra. Palestra’s name appears as a top priority alongside the defensive targets, underscoring the coaching staff’s focus on bolstering the spine of the squad.

The report, sourced from FCInterMilan on Reddit, lists Turkish international Hakan Calhanoglu among the players slated for departure to generate sale proceeds. Inter Milan had previously expressed reluctance to part with the midfielder, making his potential exit a notable development.

The coaching staff’s willingness to articulate precise positional needs signals early alignment between sporting and ownership hierarchies. Football finance analyst Marco Bellinazzo notes that Oaktree’s medium‑term plan aims for a club sale exceeding €2‑2.5bn, meaning this window’s spending must enhance both on‑pitch results and balance‑sheet optics.

A €415m bond was refinanced in June 2025 via private credit, lowering near‑term liability pressure on the fund. This financial cushion provides Oaktree with limited capacity to act in the transfer market without triggering a fire‑sale of other squad members.