Money manager Mario Gabelli made an offer for the last Italian football club still owned the Berlusconi family. Gabelli, who runs GAMCO Investors Inc., bid for AC Monza, valuing the team as much as €60 million ($66 million), according to people familiar with the matter. The offer expires early next week, the people said.

The Berlusconi family holding company Fininvest said earlier on Tuesday that it’s in talks with several potential partners for AC Monza. Still, the firm added that “none of them are at an advanced stage.” Alec Boccanfuso, an analyst at Gabelli, said the firm is always interested in sports and live entertainment businesses, including Italian soccer, without specifically confirming the Monza bid.