Sport & Business

Monza passes to US fund Beckett Layne Ventures (and Galliani leaves)

The closing of the sale from Fininvest to the US fund has been finalised. Immediate transfer of 80% of the share capital, while the remaining 20% will be taken over by June 2026

by Andrea Biondi

Il Monza festeggia la vittoria durante la partita tra Monza e Sampdoria del Campionato italiano di calcio Serie BKT 2025/2026 , Sabato 20 Settembre 2025,  Sport - calcio ( Photo by Alessio Morgese /LaPresse)

2' min read

2' min read

Monza Calcio officially changes hands. For the Brianza club, the (brief, but significant with the Serie A landing) Fininvest era came to an end and that of Beckett Layne Ventures began.

With the closing announced today, Thursday 25 September 2025, Fininvest has transferred control of AC Monza to the US fund. The transaction, announced on 1 July, foresees the immediate transfer of 80% of the share capital, while the remaining 20% will be taken over by June 2026.

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For Fininvest cumulative losses of 240 million

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For the Berlusconi family's holding company, this is the conclusion of the journey in football that began with the purchase of Monza in 2018, two years after the sale of Milan. The investment, as well as being symbolic, was onerous: from -9.2 million in 2019 to -48 million in 2024, the cumulative losses exceeded 240 million euros. The relegation, with the resulting write-down in the balance sheet, helped push for the sale.

Blv, a portfolio of over 10 billion

Blv's takeover marks the entry into European football of an operator with a diversified portfolio of over $10 billion in assets, ranging from digital entertainment (Epic Games, Samba TV) to beverages (Mijenta Tequila, Best Day Brewing). The decision to focus on Monza responds to a logic that intertwines sporting opportunities and development potential of the area, also by virtue of its proximity to Milan and the international visibility offered by the Formula 1 Grand Prix.

Enterprise value of 45 million

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The deal, which is based on an enterprise value of approximately €45 million and an equity value of €30 million, was followed by Chiomenti for Fininvest and Tonucci & Partners for Blv. With the entry of Beckett Layne Ventures, Monza joins the growing list of Italian clubs controlled by American capital: there are now ten Serie A clubs with American ownership, considering promotions and relegations. A dynamic that, in fact, is redefining the financial geography of Italian football.

Galliani's farewell

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Meanwhile, contrary to expectations and to what was decided in July, president Adriano Galliani has decided to leave Monza. 'This morning,' Galliani wrote in a note, 'I communicated to the new ownership, whom I sincerely thank for the opportunity, and to Fininvest my decision not to accept the position as president of AC Monza that was offered to me. It was a difficult choice, I was born and raised in Monza, Monza is the football team I have supported since I was five years old, I took this decision to be able to dedicate myself to the other activities in which I am involved, but also to leave the new ownership and new management the maximum freedom to imprint their vision and carry out their projects for the future of the club. Among these, of course, is the overriding objective of bringing Monza back to Serie A: a historic goal, achieved for the first time under Fininvest management, thus crowning the wish of President Silvio Berlusconi'.

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