Pisa Sporting Club
Alexander Knaster acquisition · 20 Jan 2021
- Buyer
- Alexander Knaster
- Seller
- Ricci and Paletti families
- Stake acquired
- 75%
- Control
- Yes
- Reported consideration
- ~€12m
- Implied equity value
- €16m
- League
- Serie B
- Country
- Italy
- Confidence
- MEDIUM
Alexander Knaster acquired a 75% majority stake in Pisa Sporting Club from Ricci and Paletti families, announced 20 Jan 2021.
Reported consideration was ~€12m. That implies a 100% equity value of €16m (calculated by us).
- Announced
- 20 Jan 2021
- Closed
- —
- Stake after transaction
- 75%
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Revenue
Wages
EBITDA
Net debt
Net income
Multiple independently-verified Italian sources confirm Alexander Knaster acquired a 75% controlling stake in Pisa Sporting Club on 20 January 2021 from the Ricci and Paletti families, with the Corrado family (via Ma.Gi.Co s.r.l.) retaining 25% and continuing to run day-to-day operations under president Giuseppe Corrado. Note this differs from the staged '~45% Feb 2021 then ~75% by summer 2021' structure suggested in the research brief: no evidence of an earlier, smaller Feb 2021 tranche was found in any source searched (Italian sports press, Il Sole 24 Ore, PisaToday, Wikipedia); every source describes a single-step 75% transfer completed in January 2021.
2021-01-20 · it — “Alexander Knaster acquired 75% of Pisa Sporting Club on 20 January 2021 from the Ricci and Paletti families; the Corrado family (Ma.Gi.Co s.r.l.) retained the remaining 25% 'as a symbol of continuity.' No price disclosed.”
2021-01-21 · it — “"Le cifre dell'operazione non sono state rese note, ma l'investimento di Knaster per rilevare il pacchetto di maggioranza del Pisa dovrebbe aggirarsi sui 12 milioni di euro." Confirms Tifosy crowdfunding platform brokered the deal and that Knaster/Jamie Dinan had previously tried and failed to buy Sampdoria in 2020.”