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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK finance minister, Bank of England work to contain Silicon Valley Bank falloutTalks are scheduled to discuss the issues faced by British tech companies affected by the SVB collapse. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

South Korea monitoring impact from Silicon Valley Bank crisis: Finance ministerSEOUL: South Korea's finance minister said on Sunday (Mar 12) the country was closely monitoring any impact from the collapse of Silicon Valley Bank on South Korean markets.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »