Serie A

American investment surges in Italian football: Almost 1 in 4 clubs under foreign control

September 25, 2025

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American investment surges in Italian football: Almost 1 in 4 clubs under foreign control

MILAN, ITALY – SEPTEMBER 03: Gerry Cardinale of AC Milan looks on before the Serie A match between AC Milan and FC Internazionale at Stadio Giuseppe Meazza on September 03, 2022 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)

Foreign ownership is reshaping Italian football with almost 25% of professional clubs now controlled by overseas investors, the majority coming from the USA.

Serie B side Monza have become the latest Italian club controlled by foreign owners, as New York-based venture capital firm Beckett Layne Ventures confirmed on Thursday that they had acquired an 80% stake in the Brianzoli.

Nearly 25% Italian football clubs have foreign owners

BOLOGNA, ITALY - JANUARY 18: Joey Saputo President of Bologna looks on during the Serie A match between Bologna and Monza at Stadio Renato Dall'Ara on January 18, 2025 in Bologna, Italy. (Photo by Alessandro Sabattini/Getty Images) — BOLOGNA, ITALY – JANUARY 18: Joey Saputo President of Bologna looks on during the Serie A match between Bologna and Monza at Stadio Renato Dall’Ara on January 18, 2025 in Bologna, Italy. (Photo by Alessandro Sabattini/Getty Images)

As reported by TMW, nearly 25% of professional Italian football clubs are now owned by foreign investors, and most of them come from the USA.

Over half of Serie A clubs are now under foreign ownership. Among them are giants like Milan, Inter and Roma. In total, American investors hold controlling stakes in eight teams at the top level of Italian football.

FLORENCE, ITALY - APRIL 27: Rocco Commisso president of ACF Fiorentina reacts during the Serie A match between Fiorentina and Empoli at Stadio Artemio Franchi on April 27, 2025 in Florence, Italy. (Photo by Gabriele Maltinti/Getty Images) — FLORENCE, ITALY – APRIL 27: Rocco Commisso president of ACF Fiorentina reacts during the Serie A match between Fiorentina and Empoli at Stadio Artemio Franchi on April 27, 2025 in Florence, Italy. (Photo by Gabriele Maltinti/Getty Images)

Monza, Cesena, Spezia, Venezia, Juve Stabia, Padova and Palermo are the Serie B clubs controlled by foreign investors. Four of them, Monza, Cesena, Spezia and Venezia, have American owners, while two have controlling stakes in Serie C sides Campobasso and Triestina.

Every Italian club owned by foreign groups

Serie A (11 clubs from 20)
Inter (Oaktree, USA)
Milan (RedBird, USA)
Atalanta (Pagliuca, USA)
Roma (Friedkin, USA)
Fiorentina (Commisso, USA)
Bologna (Saputo, Canada)
Como (Hartono, Indonesia)
Parma (Krause, USA)
Genoa (Sucu, Romania)
Pisa (Knaster, USA)
Hellas Verona (Presidio, USA)

Serie B (7 clubs from 20)
Monza (Beckett Layne, USA)
Cesena (JRL, USA)
Spezia (RAM, USA)
Venezia (Niederauer, USA)
Juve Stabia (Brera, Republic of Ireland)
Padova (J4A, Luxembourg)
Palermo (City Group, United Arab Emirates)

Serie C (6 clubs from 60)
Campobasso (North Sixth, USA)
Triestina (House of Doge, USA)
Pro Vercelli (Bridge Football, Netherlands)
Catania (Pelligra, Australia)
Livorno (Esciua, Brazil)
Perugia (Faroni, Argentina)