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Announced

Stephen Pagliuca to acquire a 47.3% stake in Atalanta.

Synopsis

Stephen Pagliuca, an investor, agreed to acquire a 47.3% stake in Atalanta, a football club in Italy. Financial terms are disclosed. "My family and I, have taken this opportunity to partner with a group who shares our vision to continue the growth and success of our team, choosing to remain committed to the Club that over the last ten years has delivered exceptional results, that perhaps no one would have expected from a so called "provinciale". Atalanta, in whose ranks I played in the '60s, is and will remain in my heart as it is in the heart of thousands of fans who support it. Great challenges await us and my conviction is that the Partnership with such high profile investors will speed up our path of growth," Antonio Percassi, Atalanta Chairman.

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