Galliani dismisses Monza presidency as the club is sold to the US fund

Monza, Italy-Monza, CEO and Vice President Adriano Galliani, is leaving his Boyhood club after the US fund Beckett Layne Ventures on Thursday completed the purchase of the Italian Two-Ewer Club. The closure of the sale – agreed in July – also sees the Berlusconi family leaving football again. Monza said in a statement that BLV “officially took control of the club” with an 80%stake. Fininvest, the Berlusconi family control company, reserves a 20%stake, but it will be transferred to BLV by next June. 81-year-old Galliani said he rejected the offer of the Monza presidency of BLV. “This morning I communicated to the new ownership, which I sincerely thank for the opportunity, and to finally finally accept my decision to accept the post of Monza president offered to me,” Galliani said in a statement. “It was a difficult choice, I was born and raised in Monza, Monza is the football team I have supported since the age of five, and I made this decision to dedicate myself to the other activities I am involved in, but also to leave the new management’s maximum freedom to push their own vision and carry out their projects for the future.” Fininvest bought Monza in 2018 and supervised the rise of the club of the third section to Serie A. But the club based just outside Milan ended last season and was previously taken to Serie B. Fininvest by the late Silvio Berlusconi-The three times Italian Prime Minister who died in 2023. Rossoneri to 29 trophies in 31 years. BLV pays a report 30 million euros for Monza. Financial details of the agreement were not disclosed. Founded by Brandon Berger and Lauren Crampsie, BLV is a financial partner and strategic advisor for companies working in sports, media and entertainment sectors. “We would like to thank the Berlusconi family and the Fininvest group for their cooperation during the months of work that we brought to this point,” the duo said in a statement. “We would also like to express our gratitude to all the professionals we have already welcomed to the club and our integration during the shared management phase, starting with Adriano Galliani, facilitating, to whom we expand our hottest wishes for the future.” This article was generated from an automated news agency feed without edits to text.