Oaktree has carefully examined the NBA\u2019s proposed plan \u2013 the so-called \u2018business model\u2019 \u2013 exploring viable options in collaboration with Olimpia Milano itself, and is reportedly even in a stronger position.<\/p>\n
The firm\u2019s leader, Howard Marks, has given the go-ahead for the initial steps: Oaktree\u2019s unlimited financial resources are appreciated by the NBA, which is handling this colossal operation with great care.\n<\/p>\n
Talks with J.P. Morgan, the world\u2019s largest bank overseeing the NBA\u2019s financial entry into Europe, have been successful.\n<\/p>\n
Those between Oaktree and Olimpia Milano\u2019s management have also been constructive: rumours suggest that Oaktree\u2019s approach and demeanour have been well received.\n<\/p>\n
Oaktree is very interested, but has yet to put pen to paper: it needs a few more days, but is reportedly inclined to give an initial \u2018yes, let\u2019s talk\u2019. Exactly what the NBA wants.\n<\/p>\n
Oaktree has initiated further talks, not limited solely to Olimpia Milano.<\/p>\n","protected":false},"excerpt":{"rendered":"Oaktree has carefully examined the NBA\u2019s proposed plan \u2013 the so-called \u2018business model\u2019 \u2013 exploring viable options in…\n","protected":false},"author":2,"featured_media":548038,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[557],"tags":[18088,64,63,10811,590,10815,85],"class_list":["post-548037","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-ac-milan","tag-au","tag-australia","tag-inter","tag-nba","tag-serie-a","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/548037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=548037"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/548037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/548038"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=548037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=548037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=548037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}