Concerns over Inter’s future as owner Zhang chased for $250m unpaid loans in Hong Kong court
By Paul Nicholson
August 6 – Inter Milan president Steven Zhang (pictured) is being pursued in a Hong Kong court for $250 million, according to documents filed August 2, 2021.
Zhang is one of the co-defendents alongside his father Zhang Jindong, the founder of Suning Group, one of the largest Chinese conglomerates, and Suning Appliance Group Co., Limited court.
The debt concerns a $165 million loan and $85 million note (that had been drawn down against) issued by Great Matrix Limited in August 2020. Читать дальше...