Official: Monza sale brings finish to Berlusconi possession

Official: Monza sale brings finish to Berlusconi possession

AC Monza has formally been purchased by American funding fund Becket Layne Ventures, which can deliver an finish to the Berlusconi household’s reign over the membership.

Official: Berlusconi household comply with promote Monza to US traders

Monza, who have been relegated from Serie A on the finish of the 2024-25 season, have been purchased out by new American traders. Becket Layne Ventures have bought an preliminary 80% stake within the membership, and have agreed to buy the remaining 20% of the shares by June 2026.

Commercial

For the meantime, Fininvest, the holding firm owned by the Berlusconi household, will stay minority shareholders, and can stay on the board ‘according to its remaining shareholding’, it has been .

epa10119403 Silvio Berlusconi (L) and Adriano Galliani earlier than the Italian Serie A soccer match between AC Monzaa and Torino FC at U-Energy Stadium, 13 August 2022. EPA-EFE/Roberto Bregani

As soon as Becket Layne have purchased out the remaining 20% of the shares from Fininvest, the Berlusconi household will not have management over the membership.

Monza was formally purchased by Fininvest, then beneath the management of former Prime Minister of Italy and ex-Milan President Silvio Berlusconi in 2018. Together with the steering of former Milan CEO Adriano Galliani, Monza earned promotion to Serie A for the primary time within the membership’s historical past on the finish of the 2021-22 season.

The membership remained in possession of Fininvest after . The holding firm remained beneath the management of the Berlusconi household, who’ve since agreed to promote 100% of their shares within the membership following the crew’s relegation to Serie B on the finish of the 2024-25 marketing campaign.

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