Cagliari: US fund Praxis buys 40%, Giulini hails club's new era | OneFootball

Cagliari officially opens a new phase in its corporate history. During the last Board of Directors meeting, the agreement with Praxis Capital Management, a fund led by the Italian-American entrepreneur Maurizio Fiori, was announced. This fund will acquire a qualified minority stake of 40% in the club.

Cagliari, entry of the American fund Praxis: 40% goes to US investors. Giulini: “The club of the future is born”

The majority will remain in the hands of President Tommaso Giulini, who will retain control and operational governance, but the operation opens up strategic prospects capable of impacting future development, especially in light of the new stadium project.

A partnership for structural growth

According to the company, the entry of the US fund stems from a shared medium- to long-term vision. In the official statement, Cagliari clarifies that the main objective is: “To support the development of the new stadium and, more generally, the growth and structural strengthening of the club.”

The presence of an international investor, with expertise in financial management and a strong personal connection to the island, constitutes an element of continuity and innovation at the same time.

Giulini: “A decisive step towards tomorrow”

President Giulini emphasized the strategic significance of the operation, highlighting the complementarity between the American vision and the rossoblù values: “Welcoming Maurizio and his group of investors strengthens our future plans and confirms the global potential of our club. Their vision, combined with experience and respect for our traditions, makes them ideal partners to build the Cagliari of the future together.”

The agreement has already completed the signing phase; the closing and official presentation will follow after regulatory checks.

Fiori: “Preserving a beloved institution”

Maurizio Fiori, who grew up with football at the Sant’Elia stands, shared the personal value of the investment: “As a Sardinian who grew up going to the stadium for every match with my grandfather, it is an honor for me to support Tommaso in preserving this beloved institution and contribute to writing the next chapter of its history.”

The group of investors was assisted by Hogan Lovells as legal advisor and Deloitte for tax and financial aspects. Fluorsid Group, President Giulini's company, was advised by Studio BDL for legal matters and Studio Verna for tax matters.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇮🇹 here.