The Americanization of Italian Football: A Financial Revolution across the entire Italian economy

Jun 05, 2024 382

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.

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SOURCE: https://www.benzinga.com

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