Monza Calcio, final steps for sale to Beckett Layne Ventures
The sale to US investors brought together by Mauro Baldissoni is on track. 30 million valuation for Fininvest's asset and a two-step operation
2' min read
2' min read
Final battues for the sale of Monza Calcio by the Berlusconi family's Fininvest. The contacts with various US funds have been there (see Il Sole 24 Ore of 8 June), but now for the sale of the club we are in the final stages. A signing of the operation could arrive soon, even tomorrow at the earliest according to rumours collected by Il Sole 24 Ore.
And it would be a group of investors brought together by Mauro Baldissoni, the former Roma manager, who would prevail. It would be Beckett Layne Ventures, a venture capital firm based in Larchmont, New York. Founded in 2018, Beckett Layne Ventures has as managing partner Brandon Berger, who previously served as Chief Digital Officer Worldwide for Ogilvy & Mather.
According to what is known about the deal, Monza's valuation would be in the region of EUR 30 million and the consortium would initially take over 80% of the Brianza club before rising, in all likelihood within a year, to 100%.
Previous ones
.Among observers, there is a certain optimism about the closing of a circle that was not closed last October with Gamco Investors: a US fund with 32 billion dollars in assets under management, distributed over more than 800 listed companies - including Paramount Global or United Rentals or even Textron - headed by Mario Gabelli, an Italo-American magnate born in New York but with origins in Solignano, near Parma. At work, on the American side, was Alec Boccanfuso of Gamco Investor, the group's manager and representative for Europe, with the US fund drawing on the support of Palella Holdings
Before that, there was talk of Orienta Capital Partners, within the framework of a negotiation that collapsed in the first half of May last year.
