Serie B: Joseph Tacopina acquires majority stake in Bologna FC, becomes president of the club

Bologna FC (Serie B) has been acquired by an American consortium, led by the American lawyer Joseph Tacopina, who became president of the club on 15/10/2014.

The sale amount, when all future payments are considered, is estimated to be around €40m by the Italian media. The agreement also includes a "promise" of investment to renovate the Stadio Renato Dall'Ara (capacity 38,279). Joseph Tacopina had resigned as vice-president and member of board of AS Roma (Serie A) on 17/09/2014; he held this post since 27/10/2011.

• The American group led by Joseph Tacopina will include the Canadian businessman Joey Saputo, owner of the Montreal Impact (MLS).
  
  • Tacopina stated other partners in the group did not wish to be named publically at this time.
• Luca Bergamini and Piergiorgio Bottai were appointed to the board of the club, alongside Joseph Tacopina.
• Massimo Zanetti, owner of the coffee brand Segafredo, had purchased the entire share capital of Bologna FC on 23/12/2010, before selling the majority of his shares in March 2011 to Albano Guaraldi, president of the club since 2011.
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