Hogan Lovells guides investor group in acquiring stake in Cagliari Calcio, Serie A Football Club

Cagliari Calcio is an Italian Football Club based in Cagliari, Sardinia that plays in Serie A, the first tier of Italian football. The transaction involves the acquisition of a qualified minority stake, marking a significant step in the Club’s long-term growth strategy.

President Tommaso Giulini will retain full control and operational leadership of the Club, joined by an international partner bringing expertise and a global network to reinforce Cagliari’s ongoing path of development and innovation.

“We were honored to represent the American-based investor group in this exciting transaction,” said counsel Eric Andalman. “This builds upon our work with previous Serie A transactions and highlights the accelerating demand for the firm’s expertise in navigating complex sports transactions in Italy.”

“Cross-border sports acquisitions require a precise blend of sector insight, regulatory fluency, and commercial agility, and we are proud to have guided our clients through each step of this complex and dynamic process,” said partner Paola Barometro.

The Hogan Lovells cross-border deal team was led by partner Paola Barometro (M&A, Milan) and counsel Eric Andalman (Real Estate, Denver). They were supported by partners Matt Eisler, Global Head of Sports (M&A, Denver, New York) and Parik Dasgupta (Private Equity & Funds, New York), senior associate Federico Urbani (M&A, Milan), associates Edoardo Pea (M&A, Milan) and Michael Haberman (M&A, Denver), and visiting international lawyer Harrison Gower (M&A, New York).

The deal team was also assisted by Gennaro Leo (strategic and deal advisory), Sergio Martone of Studio Business Consulting in Milan, and Deloitte (financial diligence).