Hogan Lovells, Studio Legale BDL, Deloitte and Studio Verna in sale of minority stake in Cagliari Calcio

Hogan Lovells, Studio Legale BDL, Deloitte and Stefano Verna participated in the transaction: Hogan Lovells advised a group of US investors led by Maurizio Fiori of Praxis Capital Management and Prashant Gupta; Studio Legale BDL represented the seller; Deloitte supported the investors on tax and corporate matters and performed financial due diligence through Deloitte Advisory; Stefano Verna acted as tax advisor to the seller. Libra Legal Partners and Studio Business Consulting also provided specialist support. The transaction concerns the acquisition by the US investor group of a minority ownership stake in Cagliari Calcio, a club competing in Serie A. In addition to principals Maurizio Fiori and Prashant Gupta, the investor group includes high-profile figures from sport and international business. Their experience, together with contributions from other US investors, is intended to strengthen Cagliari's international profile, expand commercial opportunities and support the club's long-term sporting objectives. Studio Legale BDL represented the seller with a team composed by: senior partner Antonio Romei, lawyers Carlo Vitalini Sacconi and Carolina Romei. Stefano Verna acted as tax advisor to the seller. Hogan Lovells represented the investor group with a cross-border team composed by: partner Paola Barometro (M&A, Milan) and counsel Eric Andalman (Real Estate, Denver), senior associate Federico Urbani (M&A, Milan) and associate Edoardo Pea (M&A, Milan); the US team included partners Matthew Eisler (Global Head of Sports, M&A, Denver/New York), Parikshit Dasgupta (Private Equity & Funds, New York) and Michael Haberman (M&A, Denver), together with visiting international lawyer Harrison Gower (M&A, New York). Hogan Lovells also handled due diligence across practice areas: senior associate Fabrizio Grillo and associate Giulia Maccioni covered labour matters; counsels Maria Luce Piattelli and Maria Luigia (Magi) Franceschelli together with associates Annalisa Aurilio and Giulia Ghidini covered intellectual property; counsel Emanuela Cocco together with senior associate Stefano Maccauro and associate Caterina Poli covered administrative matters; and counsel Maria Deledda together with senior associate Alberto Carrara and associate Monica Nicoletti covered real estate issues. Libra Legal Partners advised on sports law matters for the transaction with a team coordinated by managing partner Ferruccio M. Sbarbaro and composed of senior associate Ilaria Grimaldi and associate Angelo Maria Naborre. Austin Sports Ventures acted as strategic advisor to the investors with co-founder Gennaro Leo. Deloitte supported the investors on tax and corporate matters with a team coordinated by Gianmaria Leoni, Rodrigo Ruberti, Chiara Tomassetti, Ilaria Giannone, Giuseppe Marianetti and Davide Tarantino. Deloitte Advisory conducted the financial due diligence with Luca Zesi and Tommaso Noseda. Studio Business Consulting supported the financial due diligence with Sergio Martone.

Hogan Lovells, Studio Legale BDL, Deloitte and Studio Verna in sale of minority stake in Cagliari Calcio

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