oilin07
1日前
It can be difficult to make money owning an Italian soccer team because the business is not very profitable: High costs
The top talent in soccer can cost hundreds of millions of euros. In the 2018-19 season, the average Serie A team lost 13.8 million euros and had 216 million euros in debt.
Financial challenges
Football clubs are often reliant on cash from their owners to operate. European clubs need to spend to keep up with their competitors, which can make it difficult to avoid relegation.
Lack of private equity investment
Serie A lacks private equity investment at the league level, which could be a growth area for US investors.
However, there are some opportunities for making money in soccer, including:
Controlling costs: US investors can make money by cutting costs.
Buying in at a lower division: If a club can win promotion and remain in the Premier League, the value can increase significantly.
Leveraging the club's popularity: Club owners can use the club's popularity to market their own businesses.
Other opportunities in the Italian soccer business include:
Digital services, such as AI and blockchain data management
Sports marketing and merchandising
Fan-base management
Stadium development and design
AveragePenny
2日前
$ALST Allstar Health Brands, Inc. (ALST) Engages in Strategic Acquisition Negotiations with MergersCorp Investment Banking for Italian Soccer Team
https://www.accesswire.com/949237/allstar-health-brands-inc-alst-engages-in-strategic-acquisition-negotiations-with-mergerscorp-investment-banking-for-italian-soccer-team
TORONTO, ON / ACCESSWIRE / December 2, 2024 / All Star Health Brands is pleased to announce that it is entering the final stages of negotiations for the acquisition of a soccer team located in northern Italy, which has most recently competed in Serie D. This team boasts a dedicated stadium and an extensive youth development program, aligning with our strategic objectives to build international partnerships and foster youth engagement in both Canada and the United States.
The transaction has been facilitated by MergersCorp, a prominent American investment banking firm specializing in cross-border mergers and acquisitions (M&A) advisory. Recently, MergersCorp expanded its expertise by launching a dedicated M&A Sports Division, which focuses on investments within the sports sector. This division provides comprehensive services designed to assist organizations in navigating the complexities of corporate restructuring, as well as buying and selling ventures. MergersCorp has solidified its reputation as a trusted partner for a diverse range of clients, including both private and public entities, from lower-middle market businesses to Fortune 500 companies.
As the organization moves forward, All Star Health Brands will commence the final due diligence process and prepare thei budget for the 2024/2025 fiscal year. In addition, All Star Health Brands is excited to announce that the organization will be coordinating soccer camps for junior players this spring and summer, aimed at providing youth with valuable training and development opportunities. There will be open tryouts for the team as All Star Health Brands seek to enhance performance and aim for advancement within the league.
The commitment to this initiative also includes investments in concession services and marketing efforts to enhance the spectator experience at home games. Furthermore, All Star Health Brands plan to collaborate with local municipal authorities to upgrade stadium facilities, ensuring a superior environment for fans and players alike.
Peter Wanner, CEO of All Star Health Brands, expressed his enthusiasm for this venture: "We are excited about the opportunities this acquisition presents. This initiative aligns perfectly with our fresh objectives and will significantly elevate our presence in Ontario. By developing a sports complex and fostering collaboration between various organizations, we aim to create an impactful youth program that benefits the US, Canada and Italy, by contributing to the success of our Serie D team."
threewheeler
9月前
AllStar Health Brands Inc (OTC:ALST) Targets Miami for New State-of-the-Art Soccer Complex, Aiming to Elevate Youth Development to International StandardsPress Release | 03/07/2024
MIAMI, FL / ACCESSWIRE / March 7, 2024 / AllStar Health Brands Inc (OTC PINK:ALST) ("AllStar" or "the Company") d/b/a Allstar Global Brands actively pursuing the acquisition and development of a new soccer complex dedicated to youth development. This complex aims to train young international athletes for the next level of competition, focusing on ages 12 to 19 and preparing them for advancement to college, university, professional, and European leagues. Miami is chosen as the ideal location due to its abundant talent pool, drawing from South America and other regions worldwide, providing a competitive advantage.
Our plan involves assembling a team of national coaches and scouts to create a top-tier competitive soccer program. The complex will operate year-round, offering training in both philosophy and practical skills development. Participants will have the opportunity to engage in tournaments and travel to compete against elite opponents.
Allstar seeks to secure land in South Miami to construct a 50,000 square foot complex featuring two fields and facilities for schooling and advanced soccer training drills.
AllStar Health Brands Inc.:
AllStar Health Brands Inc., founded in 2017 as a Nevada Corporation, is based in Miami, Florida. It specializes in healthcare products aimed at enhancing health and enhancing quality of life. With a focus on nutritional supplements, over-the-counter remedies, and medications, AllStar serves markets in North America and Europe. The company is committed to expanding its product offerings, introducing innovative solutions for improved human health, and fostering growth through acquisitions, mergers, and collaborations.
For more information please contact:
Peter Wanner, CEO AllStarHealth Brands, Inc (ALST)
Tel: 416.918.6987
email: peterw@allstarhealthbrands.com
SOURCE: Allstar Health Brands, Inc.
threewheeler
9月前
AllStar Health Brands Inc (OTC PINK:ALST) ("AllStar" or "the Company") announces that its affiliate, Allstar Global Brands, has finalized an agreement to acquire the esteemed Italian Football Club, Sanremo. Under this arrangement, AllStar will gain a 50% ownership stake in the professional soccer team's operations. The initiative extends to the United States and Canada, with a dedicated fund of $500,000 USD allocated for youth soccer programs. Concurrently, the Sanremese Football Club has unveiled a comprehensive redevelopment plan for the Sanremo Municipal Stadium, aiming to transform it into the Sanremo Arena in Liguria, Italy. Sanremese represents a cherished soccer legacy spanning generation.
Alessandro Masu, the president of Sanremse, is an enthusiastic leader seeking a suitable North American partner to spearhead sports expansion beyond Italy's borders. This collaboration will enable AllStar to establish sports complexes in the United States and Canada, providing cutting-edge athletic training to aspiring male and female soccer players. The goal is to enhance their skills and pave the way for potential advancement into collegiate soccer programs, Major League Soccer (MLS), and/or top-tier professional football leagues in the European Union.
AllStar Health Brands Inc.:
AllStar Health Brands Inc., founded in 2017 as a Nevada Corporation, is based in Miami, Florida. It specializes in healthcare products aimed at enhancing health and enhancing quality of life. With a focus on nutritional supplements, over-the-counter remedies, and medications, AllStar serves markets in North America and Europe. The company is committed to expanding its product offerings, introducing innovative solutions for improved human health, and fostering growth through acquisitions, mergers, and collaborations.
For more information please contact:
Peter Wanner, CEO AllStarHealth Brands, Inc (ALST)
Tel: 416.918.6987
email: peterw@allstarhealthbrands.com
SOURCE: Allstar Health Brands, Inc.
Kool Aid Man
9月前
LMAO...acquired 50% of a struggling Italian soccer team that plays in a dilapidated old stadium "Stadio Comunale in Sanremo." The club was founded in 1904 has apparently gone thru repeated bankruptcies, liquidations, arrests of management. The town has a population of 55,000. They compete in 2nd and 3rd tier leagues.
https://en.wikipedia.org/wiki/SSD_Sanremese_Calcio
They're hoping to raise $500k for "youth football sports." The condition of their stadium speaks volumes. Their current one has a max capacity of 4,000 but can only seat 1,200. Plans to build a new "arena" --in which this football club will supposedly play in one day but not own-- seem rather far fetched. Aside from the cost, this new "Sanremo Arena in Liguria" is nearly TWO HOURS EAST of their current location! Google directions form Sanremo to Liguria. It's one lane each way along a winding coast line. Worse still, Liguria is home to the Genoa football club which competes in the Series A, the top division of the Italian football league system.
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