Football has always been a very money-burning project, and Suning's money-burning is even more ferocious. Suning's head Zhang Jindong and son Zhang Kangyang should both love football very much, especially their son Zhang Kangyang, who is now the youngest club president of Inter. In 2015, Suning threw 52.3 billion yuan to acquire Jiangsu Shuntian Club as a whole, and then spent more than 700 million yuan to buy players in the next 3 months, including 50 million euros to sign Teixeira, once set a transfer record, 28 million euros to win Ramirez, etc.; The total investment in the season reached 1.3 billion yuan, ranking first among all teams in the Chinese Super League. In 2016, Suning bought Inter Milan for 2 billion yuan, becoming famous and shocking the international football world.
The reason why Zhang Jindong is so crazy to invest money in football is to buy traffic like crazy, after all, the front and Jingdong Tmall are already completely competitive, and only through the best degree of football, more people can choose Suning Electric. Sitting on the two carriages of the Chinese Super League and Inter Milan, it has also made China and the world football industry look at the word "Suning" with admiration. The effect of burning money is also very significant, in November 2020, the Jiangsu team won the first Chinese Super League championship in the history of the team, and for a while, fans thought that the ** era of the Jiangsu team was coming.
However, what is unexpected is that Zhang Jindong has seriously run out of money, and since November 2020, Suning has been repeatedly involved in rumors of debt default and capital chain problems. Zhang Jindong and his son pledged all the shares of Suning Holdings to ** and borrowed 1 billion yuan. Subsequently, Zhang Jindong pledged 65% of his equity in Suning Real Estate to **. After Zhang Jindong invested in Alibaba** and made money, he tasted the sweetness of the money, and successively invested in two richest people, Xu Jiayin and Wang Jianlin, these two big investments consumed more than 30 billion cash, plus Carrefour China made Suning increase its debt by 10 billion, and no matter how rich the rich man invested, he would have to lose money sooner or later.
After winning the championship, Suning Football Club was dissolved not long after, which is also rare in international football clubs, and even if Suning is transferred for 0 yuan, no one will take over the arrears of 500 million debts only, which shows that the vast majority of domestic tycoons have abandoned football. In the end, because no buyer was found, the Suning club was forcibly disbanded, and the arrears of wages to employees became bad debts. After 4 months, Inter will have to repay 3$500 million debt, it depends on what Zhang Kangyang will pay off? Suning has lost more than 60 billion in three years, although Zhang Jindong has returned to the front line, it is estimated that he will not take out any more money to fill Inter's pit.
Since owning Inter, Suning Group has invested a total of 5500 million euros, and a 232% increase in social**, the latter of which has the highest growth rate in European football. Now Suning has no money and can only rely on Inter to support itself, and Inter Milan's 2022 23 financial report shows a loss of 85.4 million euros.
This year, after reaching the Champions League final, high-ranking ** Onana, optimizing costs and other actions, there are still many debts to be repaid. After 4 months, the California Trust** Oaktree Capital's loan will be repaid, and the principal and interest will add up to 3$500 million. If Suning's parent company can't repay, Oak can cut the club away and be nakedly driven out of the owner like next door. At present, Zhang Kangyang has contacted several interested customers, but still has not given the ideal **.
After 4 months, Inter will have to repay 3$500 million debt, it depends on what Zhang Kangyang will pay off? What do you think about this? Everyone is welcome to discuss with each other in the message area.