American investors reportedly raising funds for Verona bid | OneFootball

According to reports from Bloomberg, American investors Presidio are raising €75m to buy Serie A club Hellas Verona.

The team is seeking new buyers, as President Massimo Setti has managed to balance the books with player sales, but it is not a sustainable situation.

Setti is open to both a controlling and a minority stake, but Bloomberg claim that Presidio Investors are aiming to buy the club outright.

Verona latest Serie A side targeted by Americans

epa11699424 Hellas Verona’s Giangiacomo Magnani (2-L) celebrates after scoring the 2-1 goal during the Italian Serie A soccer match Hellas Verona vs AS Roma at Marcantonio Bentegodi stadium in Verona, Italy, 03 November 2024. EPA-EFE/Emanuele Pennnacchio

The group of investors is based in Austin, Texas, and would be yet another American company to take over an Italian football club.

In Serie A right now, Milan, Inter, Fiorentina, Roma, Parma, Genoa and Venezia are all owned by American investors, while Atalanta are co-owned by Stephen Pagliuca and the Percassi family.

The situation with Hellas is believed to be at an early stage and it might not even result in a formal bid, as the club and Presidio declined to comment to Bloomberg.