Italian Football Club Atalanta B.C. Pulls Off Novel Financing Deal
- Debt will partly fund private equity stake in Atalanta B.C.
- Private credit deals are very rare in European football
Atalanta’s deal is a rare example of a European football team turning to private credit funds for financing.
Photographer: Emilio Andreoli/Getty Images
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Carlyle Group’s global credit unit is leading a private debt package for Italian football club Atalanta B.C., according to several people familiar with the matter, who spoke on condition of anonymity as the matter is private.
The debt will partly fund a stake in the club bought by a consortium of private equity investors in February, led by Bain Capital’s co-chairman Stephen Pagliuca. The group acquired 55% of La Dea, the holding company of the Percassi family, which owns roughly 86% of Atalanta B.C.