
BY: Andrea Zanon
The recent acquisition of Inter Milan by the American investment firm Oaktree Capital has not only sent shockwaves through Serie A but also serves as a clear reminder of a growing trend: the Americanization of Italian football. This takeover, caused by the Chinese ownership's inability to service a $400 million debt (from a very unfavorable loan contracted in 2021 with a 10% coupon), is just a tipping point.
Over the last ten years, American investors have acquired a total of 14 Italian clubs across Serie A, B, C, and D, fundamentally altering the sport financing in Italy for good. Among these we find AC Milan, A.C. Roma, Atalanta, Fiorentina, Parma, Venice, and La Spezia.
SOURCE: https://www.benzinga.com
Please join Mia Maria Order Sons of Italy in America Lodge #2813 as we host the 2015...
For Italians, and Romans in particular, the Open is not just a tennis tournament where cha...
The National Italian American Sports Hall of Fame is proud to announce its inductees and h...
He just turned 30. He bats left-handed. He boasts a career 124 OPS+ — the same as Nolan Ar...
Francesco Molinari clinched a two-stroke victory at the Arnold Palmer Invitational when he...
The long-anticipated documentary about late Pittsburgh wrestler Bruno Sammartino is being...
The forward only scored seven goals for Italy but six arrived during the 1990 World Cup, e...
After years starring at Millburn High School, Short Hills resident Peter Serruto is living...