U.S. billionaire Rocco Commisso completes purchase of Serie A team Fiorentina

By
Rocco B. Commisso wearing a suit and tie: New Fiorentina owner Rocco Commisso

American entrepreneur Rocco Commisso has completed his purchase of Serie A team Fiorentina.

A year after failing to land a controlling stake in AC Milan, Commisso, who was born in Italy, has agreed to buy one of the Milan's top-flight rivals from the Della Valle family.

Commisso, 69, is also the chairman of the New York Cosmos of the North American Soccer League. He announced the deal – worth a reported €160million (approx. $180.1 million) – on Thursday to usher in a new era at the Stadio Artemio Franchi.

"I am forever a fan of Italian football and there are no words to describe how incredibly honored I am to have the opportunity to contribute to write the next chapter in the story of a legendary club like Fiorentina," Commisso, chairman and CEO of Mediacom, said in a statement.

"Florence is known across the entire world as a city that represents the best of Italian culture. In these three years of contact to acquire the club, I've developed a deep understanding of how important La Viola is for this city and its fans.

"I would like to thank the Della Valle family for managing Fiorentina for the past 17 years. Diego and Andrea deserve great honors for saving this club from financial instability. They leave a strong foundation to build the club on."

Unfortunately for the club's fans, financial stability hasn't translated into success on the pitch.

Fiorentina finished 16th in Serie A last season and has not won any major honors since lifting the Coppa Italia in 2001.

Comments

Post a Comment

Popular posts from this blog

Prostitution; Nigerian Women At Growing Risk From Human Traffickers In Germany.

By
Image
According to InfoMigrants, Nigerian women are at growing risk from traffickers in Germany who exploit and engage them in prostitution. Read the full report below by InfoMigrants. The new prostitute protection law in Germany was meant to identify victims of human trafficking – most of them migrant women. More than 18 months after the law came into effect, thousands continue to be targeted for exploitation, and the risk for Nigerian women seems to be increasing. There are campervans parked by the roadside. Some have hearts painted on them, one says “girls, girls” in red letters. It’s an easy matter for someone to stop for a quick transaction in one of these Love-Mobiles – sex with one of the “girls” in exchange for the going rate. Prostitution is mainly legal in Germany, as are these mobile brothels. But many of the women in the business – including those working from the Love-Mobiles – are victims of illegal human trafficking. Most of the women are from Eastern Europe or Nige...
Read more

FULL TEXT: A sacrifice for our new political order – Ezekwesili

By
Image
“When the ACPN leadership approached me in a series of visits to appeal that I run for office on their platform, the party appeared to be a good fit. It was founded by some disgruntled PDP members some years ago, but when its prime founder decided to return to the PDP, a core of its membership refused to move back with him. I was told that they stayed back because of their opposition to the ways of the PDP. Considering my vocal disapproval of the PDP and the APC, I admired the ACPN’s decision to stand firm and refusal to be co-opted.” It has been an interesting one week since I made the tough but necessary decision to suspend my campaign for the presidency. I have been truly overwhelmed by the reactions to my announcement from Nigerians. Even in airports outside the country as I travelled last week, Nigerians walked up to me with questions, concerns, encouragement, and motivation. I also saw disappointment by some who had poured their hearts and hopes into actualising our mission ...
Read more

Update On Slay Queen Who Was Stripped Naked And Tortured Over Missing Phone.

By
Image
The League of Patriotic Lawyers has given Edo State Commissioner of Police, Mr. Olusegun Odumosu, 24 hours to unravel those behind the torture and insertion of pepper into a girl’s private part in Benin City over alleged stealing of a mobile phone.  Chairman of the platform and former Student Union President of the University of Benin, Mr. Abubakar Yesufu, who said this in a statement yesterday, also urged the state Director, Department of State Services, DSS, to be involved in the investigation. A video of the incident, seen by Vanguard yesterday, showed the girl being stripped naked by a group of people, who inserted pepper into her private parts for allegedly stealing a phone. The unidentified girl was heard crying and saying she didn’t steal any phone, while she was being humiliated by the crowd. Yesufu said: “The League of Patriotic Lawyers has given the Edo State Commissioner of Police 24 hours to arrest and commence prosecution of all the street urchins behind thi...
Read more