Inter Milan's owners, Oaktree Capital Management, are reportedly keen to establish a multi-club network by acquiring a sister club. This move would emulate the strategy of Chelsea owner BlueCo, which also owns French club Strasbourg.
According to multiple Italian media reports, Oaktree has set aside a budget of €25m-€40m (£20m-£35m) for this acquisition. The investment manager is targeting a team from either the top division in Belgium or Portugal, or the second tier in Spain.
Belgium and Portugal are considered attractive leagues for investment due to their reputation for nurturing talent, good technical level, and relatively inexpensive clubs. These leagues also have less stringent rules on signing non-EU players, making them useful for developing talent until they meet requirements for Italy or England.
Oaktree is said to be aiming to have a sister team in place for Inter Milan by the end of the current season, which would allow for recruitment planning for next summer's transfer window. Oaktree acquired Inter Milan in May 2024 after the previous owner defaulted on debt.