Struggling Inter Milan yet to pay Achraf Hakimi's fee to Real Madrid
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Struggling Inter Milan yet to pay Achraf Hakimi's fee to Real Madrid

Serie A giants Inter Milan will delay their payment of the first installment of Achraf Hakimi’s €40m transfer fee to Real Madrid.

The Repubblica via Football Italia reports that it is an agreement that has been reached by both clubs with the Nerazzurri having been initially expected to pay the first €10m of the deal by this past December with the new deal seeing the payment pushed to March.

The move is due to Inter’s difficult financial situation where there is pressure mounting on Suning Holdings, the Chinese conglomerate that majorly owns the club. According to The Financial Times in a report this week, Suning, represented at Inter by club president Steven Zhang, is currently looking to engineer a sale to buyout groups such as BC Partners and EQT.

There has been a fall in revenue too in Inter earnings due to the COVID effect with the club registering losses of €102m in June.