Atalanta BC
Stephen Pagliuca (Bain Capital co-chairman) and associated investors investment · 19 Feb 2022
- Seller
- Percassi family (partial sell-down within La Dea Srl)
- Stake acquired
- 55%
- Control
- No
- Reported consideration
- Undisclosed
- Implied equity value
- —
- League
- Serie A
- Country
- Italy
- Confidence
- MEDIUM
Stephen Pagliuca (Bain Capital co-chairman) and associated investors took a 55% co-controlling stake in Atalanta BC from Percassi family (partial sell-down within La Dea Srl), announced 19 Feb 2022.
The purchase consideration was not disclosed. Reporting placed the club's value at ~€400m.
Nearest pre-acquisition revenue was €243m (FY 2021 (FY ending 30 June 2021)).
- Announced
- 19 Feb 2022
- Closed
- 19 Feb 2022
- Stake after transaction
- 55%
- 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
Nearest pre-acquisition financial year: 2021 (FY ending 30 June 2021)
Revenue
Wages
EBITDA
Net debt
Net income
This deal was NOT a direct sale of Atalanta BC shares: Pagliuca's group bought 55% of La Dea Srl, the Percassi family's sub-holding company that itself owns ~86% of Atalanta's share capital — so Pagliuca's effective indirect economic interest in the club is roughly 0.55 × 0.86 ≈ 47%, which is likely why some early reports (e.g. BeBeez's headline) described the deal as a '47% stake' before later coverage settled on '55% of La Dea Srl' as the precise mechanic.
- ANSA — "Businessman Pagliuca acquista il 55% dell'Atalanta" ↗Tier 3 · wire service
2022-02-19 · it — “Stephen Pagliuca's investor group acquired 55% of La Dea Srl (the Percassi family's sub-holding controlling ~86% of Atalanta's share capital) for over €400m; deal announced 19 February 2022; Percassi family retains 45% and remains largest single shareholder; Pagliuca becomes co-chairman.”
- BeBeez — "Club deal of private investors led by Boston Celtics' co-owner Stephen Pagliuca to buy a stake in Italy's Atalanta soccer club. On the basis of a 400 mln euros EV" ↗Tier 4 · specialist football business media
2022-02-21 — “Headline states the deal (initially reported as a 47% stake, later confirmed at 55% by other outlets) was priced on the basis of a €400m enterprise value for Atalanta/La Dea Srl. Not independently fetched/verified (used via search synthesis); flagged as unverified — retained only because it is corroborated in substance by tier-3 ANSA/Il Sole 24 Ore reporting of the same €400m+ figure.”
- Il Sole 24 Ore — "Atalanta, ora c'è la firma: arriva il socio Usa, Percassi e Pagliuca co-presidenti" ↗Tier 3 · top financial media
2022-02-19 · it — “Reports signing of the deal bringing Pagliuca in as co-chairman alongside Antonio and Luca Percassi; consistent with the 55%-of-La Dea-Srl / €400m+ figures reported elsewhere. Not independently fetched (paywalled); used via search synthesis, corroborating ANSA (s8).”
- Appunti di Luca Marotta — "Bilancio Consolidato Atalanta 2021: Utile di 35,14 milioni" ↗Tier 4 · specialist football finance blog
2022-05-01 · it — “FY2021 (covering the second half of 2020/21 season and first half of 2021/22 season) consolidated accounts: value of production €242.67m, net profit €35.14m; net turnover excluding capital gains/trading items ~€165.55m; TV rights €115.75m, player-trading gains €53.61m, sponsorships €28.18m, matchday €9.03m.”