Inter, seven Chinese banks take Zhang to court in Milan: they want his salary as president | First page

An increasingly complicated situation for Inter. As reported by, seven credit institutions of the president of the Nerazzurri club Steven Zhang, with leader China Construction Bank, have filed for cancel the minutes of the board of the Nerazzurri club, which stipulates that Zhang will not receive compensation for the position. The debt would be 250 million euros.

CREDITORS GO AFTER ZHANG . Chinese creditors are chasing the president of Inter and Suning International to Milan. Last week I am The deadline for filing an appeal in Hong Kong against the ruling that wronged the Nerazzurri president has expired in the lawsuit from some Chinese banks, intent on recovering $ 255 millioni, approximately 250 million euros, of loans and a defaulting obligation which it guaranteed.

EXECUTIVE ACTIONS BEGIN – The commitment was subsequently reneged by the Beijing entrepreneur, claiming to not having signed the documents and claiming not to be aware of the refinance. However, the executive actions of the sentence of last July have taken place, including the request to the Milan court of cancel the minutes of the board of directors of the Milanese club with which it is established that Zhang does not receive remuneration for the position.

CHINA CONSTRUCTION BANK AND COUNTERFEIT SIGNATURES – The first hearing has already been set for 8 March 2023 in front of judge Alima Zama: the China Construction Bank, one of those four large public banks in Beijing, holds the ranks for Chinese institutions. During the proceedings, Zhang denied the operation, reiterating that the signatures on the refinancing guarantee documents were forged and not aware of the transaction.

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About David Martin

David Martin is the lead editor for Spark Chronicles. David has been working as a freelance journalist.

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