BC Partners Talks on Inter Milan Investment Stall
BC Partners’s negotiations on a potential investment in Italian soccer team FC Internazionale Milano SpA have stalled, a person with knowledge of the matter said. The private equity firm has paused discussions due to disagreements about Inter Milan’s valuation and uncertainty over the size of the stake on offer, according to the person. BC Partners […]
Saudi Arabia Public Investment Fund Joins The Race For A Stake In FC Inter
Takeover talks are intensifying in Milan, as Lega Serie A giant FC Internazionale Milano is set to decide their new ownership, financial assets, and future. According to Italian sports daily Corriere dello Sport, the Public Investment Fund (PIF) of Saudi Arabia has made an offer to purchase a 30% stake at FC Inter. The Saudi […]
Seven Serie A clubs move to block €1.7bn CVC deal
Serie A’s €1.7 billion (US$2 billion) private equity deal with CVC, Advent and FSI could be about to collapse as seven of Italian soccer’s most powerful top-flight clubs are set to block the investment, according to Reuters. A letter signed by seven clubs – including Juventus, Inter Milan and Lazio – said they no longer […]
CVC consortium in threat to give £1.4bn Serie A deal red card
A private equity consortium is threatening to abandon a £1.4bn deal to shake up Italian football’s broadcast rights amid uncertainty over the intentions of some of the league’s top clubs. Sky News has learnt that a group of investors including Advent International and CVC Capital Partners wrote to Serie A’s 20 clubs late last week […]
American private equity firms comes to English soccer. Winning tactic or an own goal?
When Burnley Football Club announced, on New Year’s Eve, that American private equity firm ALK Capital had acquired a majority stake in the soccer team, it was viewed as a boon for the club from the modest town in northwest England. Burnley have been consistent overachievers in England’s fiercely competitive Premier League in recent years, […]
