Seven Serie A clubs – Juventus, Inter, Atalanta, Lazio, Napoli, Fiorentina and Hellas Verona – have sent a letter to Lega Serie A president Paolo Dal Pino, asking him to resign.
Italy’s business newspaper Il Sole 24 Ore reports that these seven Serie A clubs have expressed a loss of trust in Dal Pino and therefore would like to see him step down from his role as league president.
Through a major Italian law firm, Il Sole 24 Ore article continues, these seven clubs have also put together a complaint letter for mismanagement against Dal Pino.
These seven clubs’ discontent stems from the way Dal Pino has handled negotiations about selling a 10% stake in a newly-created Serie A media company to a consortium made up of CVC Capital Partners, Advent International and Fondo Strategico Italiano.
The deal, which planned to inject €1.65 billion into Serie A, was never finalized. It stalled in February amid misgivings from several Serie A club owners.
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Juventus, Inter, Atalanta, Lazio, Napoli, Fiorentina and Hellas Verona, which are opposed to having the CVC-Advent-FSI consortium on board, wanted to see the deal off the table and did not enjoy Dal Pino’s effort to keep it alive.
A second letter, which the same seven clubs sent through a highly-reputable law firm, argues that Dal Pino showed poor management when it came to assigning Serie A’s broadcasting rights in Italy for the 2021-24 cycle.
The final decision, which saw sports streaming platform DAZN prevail over Sky Sport, was postponed several times and eventually made official at the end of March.
In this complaint letter, the seven clubs blame Dal Pino for the late decision, arguing how the delay was caused by his desire to revive the offer presented by the CVC-Advent-FSI consortium.