Sky Italia investment plan floated as Serie A review finance options

MILAN : 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.

Asked about a report by Italian daily La Stampa over a possible investment in Sky Italia, he added"there is nothing concrete on the table at the moment". A separate source told Reuters that under a plan floated by Serie A chief executive Luigi De Siervo, the league may use financing from international banks interested in investing in its media business to fund a potential deal.

Later this year Serie A is expected to invite applications for the rights to screen its matches in Italy for the seasons starting from 2024/2025.

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