Ascoli Calcio Club Aims to Score Globally With the North Sixth Group Portfolio

A small Italian football club has global aspirations after signing with a private equity firm. Ascoli Calcio 1898, an Italian football club, and the small private equity firm North Sixth Group, LLC, have signed an agreement. Now, NSG is a new shareholder for the Italian club. Furthermore, they have an option to grow into a majority partner. This deal reinforces the interest of American firms in Italian football. Likewise, there have been similar negotiations in the last few years. One of the deals was the sale of Genoa CFC to 777 Partners. Critics suggest that this will not be the end of American investments on Italian soil.

Ascoli Calcio: Background

Ascoli Calcio 1898 FC is a football club from the second division of Calcio Italiano established in November 1898. They are the fourth...

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