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Serie A Revives Talks With Funds for $2 Billion Deal

  • Board of top Italian league could discuss the deal Friday
  • Teams need a cash injection after decades of underinvestment
Updated on

Serie A, Italy’s top soccer league, is reviving preliminary talks to sell a 1.7 billion-euro ($2 billion) stake to an investor group after failing to act on the deal earlier this year, according to people familiar with the matter.

The Serie A board will gather Friday and is expected to informally restart talks that could let Advent International, Italy’s FSI fund and CVC Capital Partners buy a 10% stake in a new media arm of the league, said the people, who asked not to be identified discussing confidential information.