North Sixth Group acquires ownership interest in Ascoli football club

Sep 03, 2021 293

North Sixth Group today announced it has acquired an ownership interest in Italian professional football club Ascoli Calcio 1898 FC (Ascoli FC) in partnership with Massimo Pulcinelli and Bricofer S.p.A, the leading retailer in the home goods and DIY sector in Italy. Founded in 1898, Ascoli boasts a rich tradition, having competed in Serie A and Serie B respectively for 16 and 25 seasons.

North Sixth Group will co-own the club alongside Massimo Pulcinelli and family. The Pulcinelli family founded Bricofer in 1979, which has grown to become one of the largest retail chains in Europe with more than 500 million Euro in annual revenues and 124 locations throughout Italy. North Sixth Group will control international market operations and will share governance and decision-making rights with Pulcinelli in coordination with the club’s Board of Directors.

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SOURCE: https://newsdirect.com

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