Italy: "Seven declarations of interest from investment funds" (L. De Siervo, Lega Serie A)

News Tank Football - Paris - News #278567 - Published on
©  Lega Serie A
Luigi De Siervo - ©  Lega Serie A

"Italian football had already raised the interest of funds and financial institutions in the past. At this time, after internal reflection, it was decided to reopen the debate. At the moment, seven declarations of interest have been received and over the next two weeks, together with president Lorenzo Casini, we will hold meetings in order to be able to report to the clubs at the general assembly on 24/02/2023," said Luigi De Siervo, CEO of the Lega Serie A, to the Italian radio station Rai Gr Parlamento on 30/01/2023.

The Italian League had approved, on 19/11/2020, the offer from a consortium composed of CVC Capital Partners, a Luxembourg investment fund, the American fund Advent and the Italian public fund FSI (Fondo Strategico Italiano), to enter the capital of a media company run by the Italian League with a 10% stake, for a sum of €1.7bn, however the agreement was ultimately not successful.

"What happened left everyone a little perplexed because of the timing, which caused more than a little embarrassment. It's difficult to think that Juventus is the only one responsible for a…

©  Lega Serie A
Luigi De Siervo - ©  Lega Serie A

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