Andrea Agnelli also resigned from the boards of Exor and Stellantis after saying goodbye to Juventus.

Andrea Agnelli also resigned from the boards of Exor and Stellantis after saying goodbye to Juventus.

Andrea Agnelli resigned from the boards of Stellantis and Exor. This was introduced by Agnelli on the inauguration of the Juventus meeting, which ended his time period as membership president. “I’ve made the choice to go away the publicly traded firms I joined as a guide,” he mentioned. a private determinationMade in settlement with John Elkann, Ajay Banga and Carlos Tavares”.

A turning level within the steadiness of Exor holding

Farewell to the boards of Exor and Stellantis marks a turning level within the steadiness of the Agnelli-Elkann holding. “I’m closing an vital a part of my life,” mentioned Agnelli. “My will is to show the web page on the finish of this assembly with enthusiasm and keenness.” Govt He must face the findings of the Turin prosecutor’s workplace which? researching capital gains and Juventus’ wage maneuvers.

Agnelli addressed a number of points in his last speech as Juventus president. Above all, he gave significance to the way forward for soccer and the Tremendous League. “European soccer wants structural reforms, in any other case we’ll see a decline in favor of the dominant Premier League,” he warned. “Present regulators don’t have any intention of listening to in regards to the soccer trade’s issues. They’re in a monopoly place. The hope is that the European Court docket will acknowledge that UEFA’s dominant place has been abused.” The EU Court docket will probably be referred to as upon to specific itself on free competitors and UEFA’s dominant place. I hope this determination opens up a unique path.” I thank Actual and Barcelona, ​​the game’s worldwide administration, for bravely dealing with UEFA’s punitive threats, as we discovered ourselves in a room engaged on a greater future for soccer with out prior authorization.

Agnelli sees enormous progress potential in soccer

Regardless of the challenges, Agnelli sees enormous progress potential in soccer, a 43 billion-dollar trade. That is evidenced by the curiosity of main buyers in golf equipment and leagues. “Many m&s offers have been made in recent times. “Chelsea was offered for 3 billion, Milan for 1 billion, 47 p.c of Atalanta modified fingers,” he mentioned. “It makes you marvel who the patrons of those firms are: state wealth funds, consortium, non-public funds. We’ve got obtained presents for the switch of a sure share of the League in Serie A. In Serie A, following CVC’s strategy, we obtained two extra letters of intent earlier this yr and the Bundesliga is contemplating the switch of its worldwide media division.”

Membership holding mannequin

Agnelli then talked in regards to the club-keeping mannequin that some buyers have resorted to to diversify and cut back the uncertainty of sports activities outcomes. “We began with Metropolis, which has 11 golf equipment, and we see Crimson Bull or Crimson Birds or 777. It is a new phenomenon with multi-club possession. Curiosity in soccer is extra alive than ever. I do not suppose these persons are NGOs. There should be sturdy curiosity from buyers. However no response from our regulators who do not perceive the distinction between the sport and the trade”. (Reserved copy)

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