Lead Serie A negotiator concedes €1.7 billion private equity deal is "difficult to imagine" without support from top clubs

14 April 2021

Photo: Handout "It's difficult to imagine the Serie A voting in favour of the project without Juventus and Inter Milan," says Udinese vice president Stefano Campoccia.

CVC, Advent and FSI's offer to acquire ten per cent of the Serie A for €1.7 billion is looking increasingly likely to fall through.

Udinese vice president Stefano Campoccia says negotiations have been put on hold during the league's media rights tender.

Part of a committee of five to negotiate the offer, he fears clubs such as Juventus and Inter Milan have had their heads turned by the "Super League" proposal - which seems like it is still being worked on.

An increased financial outlook means clubs are no longer reliant on committing to the offer.

Emil Gjerding Nielson nielson@offthepitch.com

What could have been a consequential, unprecedented investment into a football league now appears likely to be earmarked for the history books as a pipe dream.

The agreement for a consortium of CVC Capital Partners, Advent International and FSI to take on a ten per cent stake in the Serie A's new media company that would manage its commercial and broadcasting rights for a total investment of €1.7 billion lacks the backing of seven primarily top clubs who seem unwilling to return to negotiations that were put on hold during the league's TV rights tender.

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