Italian businessman Riccardo Silva has joined the growing race to take over AC Milan, entering talks with Elliott Management over acquiring a stake in one of Europe’s most successful football clubs. Elliott took effective control over the the club this week, after Li Yonghong, its Chinese owner, failed to meet a deadline to repay a debt installment...
READ MOREIt is unlikely that Gina Raimondo will roll out a television commercial touting that members in the Rhode Island retirement system may now be the proud part-owners of a top-tier professional soccer club in Italy — AC Milan, but thanks to an investment by Raimondo as Rhode Island's General Treasurer it may be a reality. The ownership interest in the...
READ MOREItaly’s Juventus Football Club SpA is paying a total of more than $130 million to nab star player Cristiano Ronaldo from Spanish soccer giant Real Madrid Football Club. The Italian team won’t be the only one trying to cash in on the Portuguese footballer’s fame. Fiat Chrysler Automobiles NV, whose Jeep logo is plastered across the chests of Juvent...
READ MOREMediacom Communications founder, chairman and CEO Rocco Commisso was one of 38 people honored on July 4 as a Carnegie Corp. “Great Immigrant, Great American” an annual program that highlights the contributions made to American culture by naturalized citizens. Commisso, who came to the U.S. from Calabria, Italy, when he was 12 years old, founded Med...
READ MOREFrancesco D'Agostino has been added as the men's soccer first assistant as announced by the Virginia B. and James O. Welch, Jr. '52 Head Coach for Harvard men's soccer, Pieter Lehrer. "Francesco is a great person and superior coach whose outstanding eye for talent, his desire to play a relentless attacking style, and his willingness to embrace and...
READ MOREIt's safe to say that homegrown midfielder Gianluca Busio is ahead of the curve. The talented U.S. youth international became the second-youngest player in MLS history last August when he signed with Sporting Kansas City at age 15. Fast-forward to now, and the 16-year-old Busio already has a first-team match under his belt. He helped Sporting KC to...
READ MOREAmerican business magnate Rocco Commisso is reportedly set to buy AC Milan after it appears that the ownership of Yonghong Li has come to an end after he missed a payment, paving the way for a takeover. Commisso is reportedly working with Goldman Sachs in order to secure the funding to purchase Milan, looking to outpace a rival bid from Chicago Cub...
READ MOREThe Ricketts family, owner of the Major League baseball team Chicago Cubs, expressed interest on Friday in acquiring a controlling stake in Italian top-rank football club AC Milan. The news came as two sources with knowledge of the matter told Reuters that the Italian club's Chinese majority shareholder had failed to meet a deadline on Friday for a...
READ MOREThose who go against the grain, who push for change, who question the status quo are not the sort who are universally cherished. Making a difference can be a struggle. It can divide, it can offend, it can cast you aside. "It's still lonely," says Hope Solo, arguably the greatest female goalkeeper in history, of life as a plain-speaking fighter for...
READ MOREOn June 24th each year, Florence's main square turns into an arena for a sport which is a brutal combination of rugby, football, and wrestling. The Local explores the history of the unique tradition. Calcio Storico (Historical football) is a game thought up by 16th-century Florentines and as the name suggests, it's an early - and very violent - for...
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