Italy’s Soccer Club Genoa Becomes Latest U.S. Investment Target
Players of Genoa celebrate a goal during the Serie A match between Cagliari Calcio and Genoa CFC on Sept. 12.
Photographer: Enrico Locci/Getty ImagesItaly’s Genoa Cricket and Football Club is the latest Serie A team to draw U.S. capital, with the acquisition by alternative investment firm 777 Partners.
The Miami-based fund will buy 99.9% of Genoa’s share capital, inject cash and assume certain liabilities, according to a statement Thursday. Terms weren’t disclosed.