13 days ago
The iconic skyline of Milan is set for a historic transformation as the city's two footballing heavyweights prepare to move into a state-of-the-art new home. In a move that signals a massive shift in the financial landscape of Serie A, AC Milan and Inter have officially secured a record-breaking naming rights partnership with Italian insurance giant Generali for their future shared arena.
Milan and Inter have agreed a staggering 20-year naming rights contract with Generali, which ESPN reports is worth €650 million (£545m/$725m). The new 71,500-capacity venue will be officially known as the Generali Stadium, effectively replacing the historic San Siro. The clubs purchased the required land from the city last November for €197m, paving the way for the eventual demolition of their legendary current home.
Construction is targeted to begin in 2028, with the first matches scheduled for the 2031-32 campaign, pending necessary approvals. Spearheaded by respective ownership groups RedBird Capital Partners and Oaktree, the stadium project also anchors a wider urban regeneration plan featuring new retail, leisure, and green ******* es.
The massive financial commitment eclipses the $700m agreement struck by Crypto.com in 2021 for the Los Angeles arena shared by the Lakers and Kings. It stands as a monumental boost for the two Serie A giants as they look to modernise and bridge the matchday revenue gap with Europe's elite.
A new symbol for Milano.
A new home for future generations of fans.
Generali Stadium 🏟️GENERALI pic.twitter.com/c7D0827E7T
#generali #historic
Milan and Inter have agreed a staggering 20-year naming rights contract with Generali, which ESPN reports is worth €650 million (£545m/$725m). The new 71,500-capacity venue will be officially known as the Generali Stadium, effectively replacing the historic San Siro. The clubs purchased the required land from the city last November for €197m, paving the way for the eventual demolition of their legendary current home.
Construction is targeted to begin in 2028, with the first matches scheduled for the 2031-32 campaign, pending necessary approvals. Spearheaded by respective ownership groups RedBird Capital Partners and Oaktree, the stadium project also anchors a wider urban regeneration plan featuring new retail, leisure, and green ******* es.
The massive financial commitment eclipses the $700m agreement struck by Crypto.com in 2021 for the Los Angeles arena shared by the Lakers and Kings. It stands as a monumental boost for the two Serie A giants as they look to modernise and bridge the matchday revenue gap with Europe's elite.
A new symbol for Milano.
A new home for future generations of fans.
Generali Stadium 🏟️GENERALI pic.twitter.com/c7D0827E7T
#generali #historic
3 months ago
On August 13, Brookfield (NYSE:BN) held its second-quarter earnings call, and the story management told was less about property spreadsheets and more about power lines and reactors. Distributable earnings before realizations climbed 15% year over year to $1.4 billion for the quarter, and executives spent much of the call explaining how a $100 billion Kentucky data center project and a nuclear buildout fit into that growth.
Brookfield's pitch centers on a gap between AI's appetite for electricity and the grid's ability to supply it. CEO Bruce Flatt described a $100 billion partnership with the US Department of Energy to build an AI campus in Kentucky on federally owned land, a deal he said requires few approvals because of that federal ownership. Alongside that, the Department of Energy committed a further $17.5 billion to Brookfield and its utility partners to acquire long lead time items for Westinghouse's reactor pipeline, which the company says is now under construction on 14 reactors with visibility into 40 more and another 100 beyond that.
The ****** et management engine backing these bets had its own strong quarter. Fundraising hit a record $77 billion, pushing fee-bearing capital up 19% to $672 billion and fee-related earnings up 20% from a year earlier. The Oaktree acquisition closed in July, and Wealth Solutions distributable earnings rose 23% year over year to $480 million as the newly acquired Just Group added $45 billion of insurance ****** ets. Real estate leasing added another data point: office tenants signed 4.5 million square feet globally at net rents 19% above what was expiring, including leases in Canada priced more than double prior rates.
Flatt opened his remarks by naming the risks directly, pointing to geopolitical conflict, higher energy prices and uncertainty around interest rates as factors shaping the near-term market environment. That acknowledgment sits alongside a Just Group integration that is still a work in progress. Management said it exited an early-stage direct-to-consumer initiative and is still working through reducing the business's cost base, and Just contributed just $29 million of earnings in its first quarter under Brookfield ownership, a starting return on equity of about 12%.
Capital return also raises questions for income-focused shareholders. The board declared a quarterly dividend of only $0.07 per share, while the company spent roughly $580 million on buybacks year to date at an average price of $42, showing where management prefers to direct spare cash. Separately, the approved simplification of Brookfield's capital structure requires taxable Canadian and UK shareholders to actively file an election if they want a tax-deferred share exchange, an administrative step that falls on investors rather than the company. Management also acknowledged the annuity business operates in a competitive market, even as it held spreads above 200 basis points.
#energy #company
Brookfield's pitch centers on a gap between AI's appetite for electricity and the grid's ability to supply it. CEO Bruce Flatt described a $100 billion partnership with the US Department of Energy to build an AI campus in Kentucky on federally owned land, a deal he said requires few approvals because of that federal ownership. Alongside that, the Department of Energy committed a further $17.5 billion to Brookfield and its utility partners to acquire long lead time items for Westinghouse's reactor pipeline, which the company says is now under construction on 14 reactors with visibility into 40 more and another 100 beyond that.
The ****** et management engine backing these bets had its own strong quarter. Fundraising hit a record $77 billion, pushing fee-bearing capital up 19% to $672 billion and fee-related earnings up 20% from a year earlier. The Oaktree acquisition closed in July, and Wealth Solutions distributable earnings rose 23% year over year to $480 million as the newly acquired Just Group added $45 billion of insurance ****** ets. Real estate leasing added another data point: office tenants signed 4.5 million square feet globally at net rents 19% above what was expiring, including leases in Canada priced more than double prior rates.
Flatt opened his remarks by naming the risks directly, pointing to geopolitical conflict, higher energy prices and uncertainty around interest rates as factors shaping the near-term market environment. That acknowledgment sits alongside a Just Group integration that is still a work in progress. Management said it exited an early-stage direct-to-consumer initiative and is still working through reducing the business's cost base, and Just contributed just $29 million of earnings in its first quarter under Brookfield ownership, a starting return on equity of about 12%.
Capital return also raises questions for income-focused shareholders. The board declared a quarterly dividend of only $0.07 per share, while the company spent roughly $580 million on buybacks year to date at an average price of $42, showing where management prefers to direct spare cash. Separately, the approved simplification of Brookfield's capital structure requires taxable Canadian and UK shareholders to actively file an election if they want a tax-deferred share exchange, an administrative step that falls on investors rather than the company. Management also acknowledged the annuity business operates in a competitive market, even as it held spreads above 200 basis points.
#energy #company
3 months ago
Interested in Brookfield Corporation? Here are five stocks we like better.
Brookfield reported strong Q2 growth: Distributable earnings before realizations rose 15% year over year to $1.4 billion, or $0.61 per share. The company raised $98 billion, deployed $100 billion and monetized $40 billion of ******* ets in the first half of 2026.
Asset management fundraising reached a record $77 billion, lifting fee-bearing capital 19% to $672 billion. Brookfield also completed its Oaktree integration, expanding its global credit platform and ending the quarter with $210 billion in deployable capital.
AI infrastructure, nuclear power and insurance are key growth areas: Brookfield is advancing a planned $100 billion Kentucky AI project, citing opportunities in data centers and energy, while Westinghouse benefits from new nuclear financing. Wealth Solutions earnings rose 23%, and Brookfield targets more than $300 billion in insurance ******* ets by 2030.
Why Bloom Energy May Be the Most Important AI Infrastructure Stock
#infrastructure #Growth #assets
Brookfield reported strong Q2 growth: Distributable earnings before realizations rose 15% year over year to $1.4 billion, or $0.61 per share. The company raised $98 billion, deployed $100 billion and monetized $40 billion of ******* ets in the first half of 2026.
Asset management fundraising reached a record $77 billion, lifting fee-bearing capital 19% to $672 billion. Brookfield also completed its Oaktree integration, expanding its global credit platform and ending the quarter with $210 billion in deployable capital.
AI infrastructure, nuclear power and insurance are key growth areas: Brookfield is advancing a planned $100 billion Kentucky AI project, citing opportunities in data centers and energy, while Westinghouse benefits from new nuclear financing. Wealth Solutions earnings rose 23%, and Brookfield targets more than $300 billion in insurance ******* ets by 2030.
Why Bloom Energy May Be the Most Important AI Infrastructure Stock
#infrastructure #Growth #assets
3 months ago
The Corriere della Sera newspaper claims Inter are keeping a tight leash on spending because Oaktree are preparing to sell the Serie A club.
Oaktree had provided a loan to previous owners Suning, and when the Chinese company failed to keep up repayments, the team was effectively repossessed in the summer of 2024.
It always seemed to be the plan for the American investment fund to get Inter back on track, bring down their debts and boost revenue, so that it could be sold on at a profit down the line.
According to the Corriere della Sera newspaper, that time is fast approaching, because it is reported Oaktree are starting the process of finding buyers.
ROME, ITALY – MAY 13: Ceo of FC Internazionale Giuseppe Marotta celebrates with team after winning the Coppa Italia final match between SS Lazio and FC Internazionale at Stadio Olimpico on May 13, 2026 in Rome, Italy. (Photo by Marco Rosi – SS Lazio/Getty Images)
#oaktree #italy #internazionale #Newspaper
Oaktree had provided a loan to previous owners Suning, and when the Chinese company failed to keep up repayments, the team was effectively repossessed in the summer of 2024.
It always seemed to be the plan for the American investment fund to get Inter back on track, bring down their debts and boost revenue, so that it could be sold on at a profit down the line.
According to the Corriere della Sera newspaper, that time is fast approaching, because it is reported Oaktree are starting the process of finding buyers.
ROME, ITALY – MAY 13: Ceo of FC Internazionale Giuseppe Marotta celebrates with team after winning the Coppa Italia final match between SS Lazio and FC Internazionale at Stadio Olimpico on May 13, 2026 in Rome, Italy. (Photo by Marco Rosi – SS Lazio/Getty Images)
#oaktree #italy #internazionale #Newspaper
3 months ago
Activist investor Sachem Head Capital Management disclosed a 6.9% beneficial ownership stake in Ionic Digital (NASDAQ: this week, giving the activist investor exposure to the bitcoin miner's shift toward AI/HPC infrastructure.
The position covers 3,169,808 Class A shares. Sachem Head funds directly hold 2,264,150 shares, while warrants account for another 905,658 shares.
Ionic Digital recently listed on the Nasdaq Exchange on July 28 under the ticker IOND, following an emergence from the Celsius Network bankruptcy. The Bitcoin miner turned data center builder received mining **** ets, $195 million in cash and 540 bitcoin in exchange for issuing 37 million shares to former Celsius creditors.
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Sachem Head acquired the securities through Ionic's $400 million private placement, announced June 26 at a $2 billion pre-money valuation. Sachem Head joined Attestor, Oaktree Capital Management, Citadel and Weiss **** et Management in the financing.
#sachem #Bitcoin #million #digital
The position covers 3,169,808 Class A shares. Sachem Head funds directly hold 2,264,150 shares, while warrants account for another 905,658 shares.
Ionic Digital recently listed on the Nasdaq Exchange on July 28 under the ticker IOND, following an emergence from the Celsius Network bankruptcy. The Bitcoin miner turned data center builder received mining **** ets, $195 million in cash and 540 bitcoin in exchange for issuing 37 million shares to former Celsius creditors.
Stay ahead of AI infrastructure deals. Get Blockspace in your inbox.
Sachem Head acquired the securities through Ionic's $400 million private placement, announced June 26 at a $2 billion pre-money valuation. Sachem Head joined Attestor, Oaktree Capital Management, Citadel and Weiss **** et Management in the financing.
#sachem #Bitcoin #million #digital
4 months ago
Inter president Beppe Marotta has acknowledged the structural financial gulf between the Nerazzurri and Premier League clubs, insisting the club's response must be built on creativity and competence rather than reckless outlay – comments that arrive after a summer already marked by failed pursuits.
Speaking to Globo TV during Inter's pre-season tour of Australia, Marotta was direct about the limits of what the Nerazzurri can realistically do in the market. The frustration is not abstract: Inter missed out on Marco Palestra, who moved to Chelsea, and saw a deal for Anan Khalaili from Union Saint-Gilloise collapse after the player failed a medical.
Inter Milan president Beppe Marotta.
Marotta noted that Serie A once set the global benchmark in the 1980s and 90s, but argued that trying to recapture that position through fee inflation would be a mistake. He said the club cannot think of bridging the distance with the Premier League by spending crazy amounts of money, and that the idea of whoever spends most automatically winning is the opposite of sport.
His alternative is clear: build through management quality, coaching, and a strong internal culture. Marotta also pointed to the new stadium project as a long-term lever – a structural investment he described as a decisive passage toward making Inter increasingly modern, and one he said is fully aligned with the Oaktree ownership group.
#failed
Speaking to Globo TV during Inter's pre-season tour of Australia, Marotta was direct about the limits of what the Nerazzurri can realistically do in the market. The frustration is not abstract: Inter missed out on Marco Palestra, who moved to Chelsea, and saw a deal for Anan Khalaili from Union Saint-Gilloise collapse after the player failed a medical.
Inter Milan president Beppe Marotta.
Marotta noted that Serie A once set the global benchmark in the 1980s and 90s, but argued that trying to recapture that position through fee inflation would be a mistake. He said the club cannot think of bridging the distance with the Premier League by spending crazy amounts of money, and that the idea of whoever spends most automatically winning is the opposite of sport.
His alternative is clear: build through management quality, coaching, and a strong internal culture. Marotta also pointed to the new stadium project as a long-term lever – a structural investment he described as a decisive passage toward making Inter increasingly modern, and one he said is fully aligned with the Oaktree ownership group.
#failed
4 months ago
Solid oxide fuel cell systems provider Bloom Energy Corporation (BE) recently landed a $1.70 billion deal for fuel cell technology to power artificial intelligence (AI) cloud infrastructure. IDF and Oaktree Capital are committing the sum to Bloom to the meter power solutions for the AI operations of Nebius Group N.V. (NBIS). For investors optimistic about clean energy powering AI data centers, this deal, linking fuel cell energy with AI infrastructure, seems like a huge positive development.
However, investors did not react positively to the news. The stock dropped 13.64% intraday on July 16, as the market reacted to some other news surrounding Bloom Energy. The company's stock has come under pressure after a short report questioned its sourcing of Chinese scandium. The Hunterbrook report alleges that Bloom secretly relies on China for scandium, thereby putting its supply chain at risk. Investors have also noted some insider selling activity in the company's stock.
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AI Bubble Fears, Earnings and Other Can't Miss Items this Week
However, investors did not react positively to the news. The stock dropped 13.64% intraday on July 16, as the market reacted to some other news surrounding Bloom Energy. The company's stock has come under pressure after a short report questioned its sourcing of Chinese scandium. The Hunterbrook report alleges that Bloom secretly relies on China for scandium, thereby putting its supply chain at risk. Investors have also noted some insider selling activity in the company's stock.
Alibaba Stock Just Got Apple's Biggest AI Endorsement. This Could Be a Game Changer for BABA.
Elon Musk Says If **** eX Accomplishes Its Goals, 'It Will Be Worth More Than The Rest of Earth' — Though He's Also Said 'Money Will Stop Being Relevant'
AI Bubble Fears, Earnings and Other Can't Miss Items this Week
4 months ago
SharonAI Holdings Inc. (NASDAQ:SHAZ) is one of the best new tech stocks to buy according to ******* ysts. On June 29, Sharon AI announced the closing of an oversubscribed $1.6 billion private placement financing. The transaction included ~$900 million in Class A Ordinary Common Stock and pre-funded warrants, alongside $700 million in 4.75% Convertible Senior Notes. The financing was anchored by major institutional investors, including Situational Awareness L.P. and funds managed by Oaktree Capital Management L.P.
The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.
spacedrone808/Shutterstock.com
Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.
The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.
spacedrone808/Shutterstock.com
Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.
5 months ago
It was a massively disappointing week in Inter circles when the club missed out on the signings of both Marco Palestra and Nico Paz within the ****** e of a few days, but reports in Italy suggest that the club’s owners are at fault for failing to land the signings rather than the club’s directors.
It is no secret that Inter were targeting a move for Palestra for their soon-to-be-vacant right wing-back position. Denzel Dumfries has had his release clause activated and the two-time Italy international was touted as his heir in waiting, Beppe Bergomi suggesting that the Nerazzurri ‘could’ve had the next Achraf Hakimi’.
Inter had even looked into the possibility of signing Palestra from Atalanta during the January transfer window while he was still on loan with Cagliari according to recent reports in Italy.
However, despite weeks of negotiations, The Nerazzurri ultimately failed to land a deal for Palestra, who is now set to join Premier League side Chelsea in a deal worth €60m including add-ons. Beppe Marotta, Piero Ausilio and co. had been attempting to close a deal for €45m plus bonuses.
In Italy, it had been reported that Inter’s Oaktree ownership group had set aside €50m for the signing of Palestra this summer and that any other new arrivals would have to be funded through the sales of current players.
It is no secret that Inter were targeting a move for Palestra for their soon-to-be-vacant right wing-back position. Denzel Dumfries has had his release clause activated and the two-time Italy international was touted as his heir in waiting, Beppe Bergomi suggesting that the Nerazzurri ‘could’ve had the next Achraf Hakimi’.
Inter had even looked into the possibility of signing Palestra from Atalanta during the January transfer window while he was still on loan with Cagliari according to recent reports in Italy.
However, despite weeks of negotiations, The Nerazzurri ultimately failed to land a deal for Palestra, who is now set to join Premier League side Chelsea in a deal worth €60m including add-ons. Beppe Marotta, Piero Ausilio and co. had been attempting to close a deal for €45m plus bonuses.
In Italy, it had been reported that Inter’s Oaktree ownership group had set aside €50m for the signing of Palestra this summer and that any other new arrivals would have to be funded through the sales of current players.
5 months ago
Inter were left disappointed by Marco Palestra’s decision to join Chelsea rather than moving to San Siro earlier this week, but the latest reports claim that the Nerazzurri could now reinvest the funds they had set aside for the wing-back on Nico Paz from Real Madrid instead.
Denzel Dumfries is set to join Real Madrid from Inter having had his release clause activated earlier this month, and the Nerazzurri had been hoping to replace him with 21-year-old Italy talent Palestra.
However, the 2025-26 Cagliari loanee has since decided to join Premier League outfit Chelsea in a total €60m deal on a five or six-year contract that will see him earn twice as much as he was offered in Italy in wages.
Previous reports claimed that Inter’s Oaktree ownership group had set aside €50m for the signing of Palestra this summer, and that any other new arrivals would have to be funded through the sales of current players.
With Palestra going to Chelsea and Dumfries going to Madrid for a reported fee of €20m, it is believed that Inter will have €70m to play with before any other players are sold, and reports from the Corriere dello Sport suggest that that money could go towards the signing of Nico Paz.
Denzel Dumfries is set to join Real Madrid from Inter having had his release clause activated earlier this month, and the Nerazzurri had been hoping to replace him with 21-year-old Italy talent Palestra.
However, the 2025-26 Cagliari loanee has since decided to join Premier League outfit Chelsea in a total €60m deal on a five or six-year contract that will see him earn twice as much as he was offered in Italy in wages.
Previous reports claimed that Inter’s Oaktree ownership group had set aside €50m for the signing of Palestra this summer, and that any other new arrivals would have to be funded through the sales of current players.
With Palestra going to Chelsea and Dumfries going to Madrid for a reported fee of €20m, it is believed that Inter will have €70m to play with before any other players are sold, and reports from the Corriere dello Sport suggest that that money could go towards the signing of Nico Paz.
5 months ago
Oaktree have allocated a €50m transfer budget – to be supplemented by player sales – for Inter Milan's summer window, with head coach Cristian Chivu requesting two centre-backs, midfielder Marco Palestra, and a further midfield signing, according to Corriere dello Sport.
The report, cited via FCInterMilan on Reddit, names Hakan Calhanoglu among the outgoing players expected to generate sale proceeds that would supplement the base figure – a notable development given Inter's previously stated reluctance to sell the Turkish international.
The €50m baseline aligns with Oaktree's established operating pattern since formally taking control in May 2024 following Suning's failure to repay a roughly €395m loan. The fund injected approximately €47m in new capital during the first quarter of the 2024-25 fiscal year and covered €40-50m in losses without demanding a marquee sale – a deliberate value-building approach rather than short-term cost management.
On the incomings side, Marco Palestra is explicitly named as a Chivu priority alongside two central defenders and a second midfielder. The coaching staff's willingness to articulate specific positional needs suggests the sporting and ownership structures are aligned early in the window.
Oaktree's medium-term strategy, as outlined by football finance ***** yst Marco Bellinazzo, targets an eventual sale of the club well above €2-2.5bn – meaning this window's spending must strengthen both on-pitch performance and balance-sheet optics ahead of that exit. The €415m bond refinanced in June 2025 via private credit further reduces near-term liability pressure, giving the fund modest room to act without triggering a fire-sale elsewhere in the squad.
The report, cited via FCInterMilan on Reddit, names Hakan Calhanoglu among the outgoing players expected to generate sale proceeds that would supplement the base figure – a notable development given Inter's previously stated reluctance to sell the Turkish international.
The €50m baseline aligns with Oaktree's established operating pattern since formally taking control in May 2024 following Suning's failure to repay a roughly €395m loan. The fund injected approximately €47m in new capital during the first quarter of the 2024-25 fiscal year and covered €40-50m in losses without demanding a marquee sale – a deliberate value-building approach rather than short-term cost management.
On the incomings side, Marco Palestra is explicitly named as a Chivu priority alongside two central defenders and a second midfielder. The coaching staff's willingness to articulate specific positional needs suggests the sporting and ownership structures are aligned early in the window.
Oaktree's medium-term strategy, as outlined by football finance ***** yst Marco Bellinazzo, targets an eventual sale of the club well above €2-2.5bn – meaning this window's spending must strengthen both on-pitch performance and balance-sheet optics ahead of that exit. The €415m bond refinanced in June 2025 via private credit further reduces near-term liability pressure, giving the fund modest room to act without triggering a fire-sale elsewhere in the squad.
