Beppe Marotta

DARi0

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Well deserved, congrats Don Beppe! 😎
So what changes now is that we don't wait for Jindong Zhang to approve using a pen on legal documents.
This seems like a shortcut, basically saving precious time between the decision making and approval.

Anyone wants to do a recap on the decisions that were delayed because we waited for approval from China and costed the club?
 

vex

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Well deserved, congrats Don Beppe! 😎

This seems like a shortcut, basically saving precious time between the decision making and approval.

Anyone wants to do a recap on the decisions that were delayed because we waited for approval from China and costed the club?
Yep, I read somewhere every deal we made in the last couple of years which costed a certain amount (don't remember exact figure) was needed to be approved by zhang and given the time differences, distances and his inability to travel we probably had some difficulties.
 

.h.

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It's not like they're calling Zhang out of the blue yo boss I've got a great deal to sign Mbappe for 21m, it's all done I just need you to sign the paperwork


They will be walking him through that as soon as it even seems likely. Anyone who has been reasonably senior in a big business will be familiar... And yes there.may have been some convincing him it's the right thing to do too

The paperwork side of course does help, but that's about it
 

brehme1989

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Anyone wants to do a recap on the decisions that were delayed because we waited for approval from China and costed the club?

Brozovic
Skriniar
Lautaro
Barella

Basically all renewals were under heavy scrutiny since late 2020 and we almost lost Brozovic on a free (Real Madrid offered him a deal and he rejected them) because of this delay.
 

Aries

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Weren't there rumors he wanted to move on by 2027? I wonder if this changes his plans. But that's way into the future too so who knows
 

brakbrak

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Weren't there rumors he wanted to move on by 2027? I wonder if this changes his plans. But that's way into the future too so who knows
He did say we'll never know when asked about his retirement.

Well deserved position.
 

vex

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It's not like they're calling Zhang out of the blue yo boss I've got a great deal to sign Mbappe for 21m, it's all done I just need you to sign the paperwork


They will be walking him through that as soon as it even seems likely. Anyone who has been reasonably senior in a big business will be familiar...
You are yapping just for the sake of yapping, again. No one knows exactly how our negotiations went, whether you are familiar with big business or not. And also, marotta was very protective of zhang and suning in general, so we will never found out. All we know for sure is that we needed approval of a president living and working on the other side of the planet.

Potential elimination of this:
And yes there.may have been some convincing him it's the right thing to do too
And this:
The paperwork side of course does help, but that's about it
Is all that matters.

But as usual, you had to muddle up the waters a bit before you nonchalantly mention positives about your boy zhang not being here.
 

uny_arturo

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Ah so basically like how Lawrence Wong took over the premiership in Singapore whilst staying on as the Minister of Finance. Good move all around and saves Oaktree from paying double too.
 

.h.

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You are yapping just for the sake of yapping, again. No one knows exactly how our negotiations went, whether you are familiar with big business or not. And also, marotta was very protective of zhang and suning in general, so we will never found out. All we know for sure is that we needed approval of a president living and working on the other side of the planet.

Potential elimination of this:

And this:

Is all that matters.

But as usual, you had to muddle up the waters a bit before you nonchalantly mention positives about your boy zhang not being here.

I think the point is that it won't be some radical shift or easing in ability to maneuver. That's not unreasonable at all. There are some minor positives, but it's not like the shackles are lifted, Marotta is a figurehead to a separate business that owns Inter..

As I've said a thousand times, I don't give a fuck about Zhang. He did a pretty good job while he was here, now he's gone, who cares - time to look forwards. And there is very unlikely to be some massive fundamental shift, indeed we've ready seen that they aren't disrupting management structure too much and signing the Betsson deal and signing the contract extensions that were planned..
 

William

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Epic news today to hear about Don Beppe becoming president!! Fully deserved and seems like he is really grateful for it too!!

May he never retire!!!
 

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Right move done by Oaktree. LOVELY!
 

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Exciting move. But i guess he already was the fucking boss, that teenager son of a rich dad was a puppet lol.
 

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• Giuseppe Marotta — Presidente y CEO Sport, Internazionale Milano
• Javier Zanetti — Vicepresidente, Internazionale Milano
• Alessandro Antonello — CEO Corporate, Internazionale Milano
• Alejandro Cano — Director General de Oaktree
• Katherine Ralph — Manager general de las estrategias globales de Oaktree
• Renato Maduri — Vicepresidente Senior de las estrategias globales de Oaktree
• Carlo Ligori — Asociado de Oaktree
• Delphine Nannan — Vicepresidente Senior de las oficinas de Oaktree en Luxemburgo
• Fausto Zanetton — AD de Tifosy Capital & Advisory
• Amadeo Carassai — Director independiente, Internazionale Milano
• Carlo Marchetti — Director Independiente, Internazionale Milano
 

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I think the point is that it won't be some radical shift or easing in ability to maneuver. That's not unreasonable at all. There are some minor positives, but it's not like the shackles are lifted, Marotta is a figurehead to a separate business that owns Inter..

Atleast now we know that Oaktree have no intention to interfere with what was working very well for Inter. They're not going to do what Red Bird have done with Milan (sacking Maldini etc).
 

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Atleast now we know that Oaktree have no intention to interfere with what was working very well for Inter. They're not going to do what Red Bird have done with Milan (sacking Maldini etc).
Yeah that's kinda the big concern IMHO. They might still at the end of the first year, eg give it some time, but I feel confident they'll leave the ship that is sailing fairly smoothly, to its own
 

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Brozovic
Skriniar
Lautaro
Barella

Basically all renewals were under heavy scrutiny since late 2020 and we almost lost Brozovic on a free (Real Madrid offered him a deal and he rejected them) because of this delay.
To be honest I was thinking more in transfers (Bremer/Azpiliqueta?) than renewals.

While approval for wage increases was necessary, these were pending for a very long time - which makes me think it wasn't entirely Zhang's fault.

Timing of these renewals is also important, because club will be spending more starting a certain date. Sometimes directors wanted to wait until the last moment to engage in a higher expense (and they trusted Skriniar on his word). Perisic tried to teach them a lesson, but I think they simply did not want to renew Ivan.
Weren't there rumors he wanted to move on by 2027? I wonder if this changes his plans. But that's way into the future too so who knows
Marotta came back on this statement 2 weeks ago! Sharing this so everyone can chill:

Marotta had said he was going to retire after his contract with Inter expires in June 2027, but hinted that might not be the case.
“I will be 70 years old, but if things continue like this, it will be difficult for me to walk away. It’s a wonderful family and it’s tough not to continue.” - Don Beppe 2 weeks ago
:cool:
 

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Marotta admits he didn’t expect to be named new Inter President so he is grateful to Oaktree, but insists he will need ‘support’ from the whole club and his closest collaborators.

On Tuesday, the American fund named a new board of directors and promoted Marotta, who had practically run the club since the COVID pandemic and following Suning’s financial issues.
It’s a great emotion. Being the president of such a big club in world football is thrilling and inspiring,” Marotta told reporters after Tuesday’s board of directors meeting.

“I am a President who loves his job, which I believe I know well. However, I am at a great club, so I’ll need support from everyone. Women and men who work internally, especially my colleagues Ausilio and Baccin, Antonello, and Zanetti.

“Our model is based on great human heritage, which is the starting point of every success and includes competence and motivation,” continued Marotta.

“As a president, I think about Giacinto Facchetti who has a similar profile as mine. Clearly, it’s no longer a time for presidents who make big investments, like Moratti, Frezzoli or Ernesto Pellegrini. Unfortunately, football has a different dimension today, but surely, these presidents have instilled in me the path to follow. Each one of them has a big value.

“I can’t forget about Steven Zhang. Despite being young, he gave a lot to this club. I’ve already thanked Oaktree for their trust. It was unexpected and I am grateful for this big opportunity.”
Here we go

Marotta’s first speech as Inter President​

Marotta had previously held his first speech as a president during the board of directors meeting, which was entirely reported by Inter’s official website.

“I would like to thank Oaktree for their decision to appoint me to the role of President of Inter. I am honored by the trust they have placed in me,” said Marotta.
“Since the day the new ownership was announced, Oaktree’s managers have been very present and open to dialogue. This is proof of how much the new ownership cares about the club’s development. In its first statements, Oaktree guaranteed the continuity of Inter’s management. I think that today we can recognize the new owners have followed up their words with a tangible and concrete fact. We also recognize that Oaktree has from the very beginning had great awareness about the historical legacy, tradition, and values of our club.
“Over the past few days, our meetings have been frequent, and it has been very clear to me that Oaktree’s vision aligns with the path that the Nerazzurri management has been on for some years now.

“Inter has in its DNA the pursuit of victory and, with great merit, again this year we have a very important success to celebrate. The Second Star Scudetto consigns to history a season that laid the foundation for the future on the field.
“Winning in football today, above all, means having financial sustainability. This is not the first time this meeting has heard me say this to you: it is a deep conviction I have had for a long time. There is no future victory without financial stability, and there is no stability without a balance in the medium term for Inter’s accounts. Oaktree and this management team are called to a very difficult task: it is the challenge to ensure that the Nerazzurri family can excel and maintain the leadership role we has won in Italy and to which we also aspire to have at the European level.
“From what I have said so far, you will understand why my first feeling upon being appointed Chairman is undoubtedly a sense of responsibility, accompanied, I confess, by a certain pride.

“The sense of responsibility, I would almost say the spirit of service, will guide me to give to Inter, the players, the fans, the shareholders and all the members of this Nerazzurri community, which five years ago welcomed me, all my energy and expertise to achieve the best possible results both off and on the field.
“Every day from 2019 to the present, I have witnessed the dedication, professionalism and self-sacrifice of the women and men who work for this club. I think, on such an important occasion, it is only right to mention them because we all know that nothing would be possible if we did not have a team of people in the shadows who dedicate their time at the cost of great personal sacrifice. Working in football, working at Inter, is a privilege for all of us who know that we represent tens of millions of fans around the world. It is a mission that must always be guided by a great sense of responsibility. Our journey continues with a very exciting new step that we will complete together, as we have always done.
“Before I pass the floor over to my traveling companion, Corporate CEO, Alessandro Antonello, allow me a very personal moment. I have been in love with football for as long as I can remember. I have been dedicated to this movement all my life, and football has rewarded me with a path that has been built step by step, brick by brick. Rising to the presidency of a club as prestigious as Inter generates an emotion that a young boy entering the Varese locker room at 17 years of age could never have imagined. This emotion, combined with the experience of nearly 50 years of soccer, I offer to this community!”
#LeGrandeBeppe
 
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