With the promotion of Venezia next year, Serie A will see the largest number of foreign ownerships in its history in the starting lineup. The most recent "American" takeover involves Italian champions Inter Milan, which passed from the Chinese Suning to the U.S. fund Oaktree after the Zhang family failed to repay a 395 million loan. The next Milan derby will be star-studded. In August 2022, in fact, Milan switched from the Singer family's Elliott fund to the RedBird fund led by Gerry Cardinale in a €1.2 billion deal. In June 2020, Italian-American Rocco Commisso acquired Fiorentina, while at Roma, in August 2020, the American era of Dan Friedkin, who took over from another U.S. entrepreneur, James Pallotta, began. He has finally crowned the dream of sporting success for Bologna's Italian-Canadian president Joey Saputo, who, ten years after taking office and after investments of some €300 million, has seen the team coached by Thiago Motta achieve qualification for the next Champions League. A majority stake in Atalanta, recent Europa League winners, also passed from the Percassi family to a group of U.S. investors led by Stephen Pagliuca, co-owner of the Boston Celtics as well as co-chairman of the investment fund Bain Capital. Among the newly promoted teams is Krause Group's Parma, which landed in Emilia in 2020 while since 2020 Duncan Leigh Niederauer, former CEO of the New York Stock Exchange, has been in Venice, buying the lagoon team from another American, Joe Tacopina. Finally, there is the Como of Indonesian tycoon Robert Budi Hartono, who, together with his brother Michael, boasts assets in excess of $40 billion.
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