Antonio Conte was the leader of the Inter squad that ended the hegemony of Juventus in Italy. After nine seasons of reign of Vecchia Signora, the Nerazzurro stayed with the Scudetto that ended an era.
However, the continuity of the coach's project had a striking closure that the Milan club confirmed in the last hours. “FC Internazionale Milano announces that it has reached an agreement for the consensual termination of the contract with coach Antonio Conte. The entire Club wants to thank Antonio for the extraordinary work he has done, culminating in the conquest of the XIX Scudetto. Antonio Conte will remain forever in the history of our Club”, was the brief document published by the northern Italian entity on its website.
It is that the Italian DT, who made Inter league champion after a decade, opposes the project of the club's owners, whose objective is to reduce expenses. The Chinese group Suning's concerned about the serious economic difficulties of the institution, which would prevent Conte from being able to make the signings that he wants to improve his staff.
The Italian press reported that Inter Milan recorded losses of more than USD 120 million last season, and Suning, the electronics distribution giant that has held nearly 70% of its shares since 2016, is also in the midst of a crisis due to to the COVID-19 pandemic. Last week, they even closed an agreement with the US investment fund Oaktree Capital, which will provide about USD 330 million in a loan that will have to be repaid in the next three years.
Five days ago, Inter closed an agreement with the US investment fund Oaktree Capital, which will provide 275 million euros (336 million dollars) in a loan. According to the Italian press, the Suning group will have to repay the loan in the next three years.
With this adverse context, the newspaper AS reports that Antonio Conte is once again sounding to lead Real Madrid. In November, the Italian strategist himself revealed that he “several times” was close to reaching the Santiago Bernabéu but that he preferred “to postpone that opportunity”.
From the White House they've found the possibility of freeing one of the technicians who has always seduced them. While there are internal options, like that of Raúl, who did a remarkable job with the youth team this season, the chance to sign Antonio Conte has changed the scene completely.