Soccer-Sky Italia investment plan floated as Serie A review finance options

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Reuters UK

By Elvira Pollina MILAN (Reuters) – Italy’s leading soccer clubs discussed plans on Monday for outside investment in the media business of Serie A as reports surfaced of an audacious bid by the league for pay TV broadcaster Sky Italia. The top 20 clubs met with league executives in Milan to discuss approaches by private equity firms and banks interested in investing in its media business. The meeting broke up without a decision and the clubs will gather again at the end of the month. “The proposals received from funds and banks were set out to the clubs who have given themselves time to evalua…

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