Hellas Verona become the 11th Serie A team to be under foreign ownership. (Alessandro Sabattini/Getty Images)

Presidio Investors, a US private equity firm, has completed a deal to buy Hellas Verona, of Italian soccer’s top-tier Serie A.

Through a deal that was unveiled yesterday (January 15), the Texas-based investment firm has completed a 100% acquisition of the team, from previous owner Maurizio Setti.

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This means that over half of the 20 Serie A teams (11) are now under foreign majority ownership.

Nine, meanwhile, are now owned or part-owned by North American individuals or groups, including heavyweights such as Inter and AC Milan.

Setti had been the Hellas Verona owner since 2012, becoming the sole shareholder in 2013.

Italo Zanzi, the former chief executive of fellow Serie A side Roma, now becomes Hellas Verona’s executive chair. Zanzi has previously held senior roles at Fox Sports Asia and Major League Baseball.

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He is also a former candidate for a congressional seat in the US government, standing unsuccessfully for a seat in New York in 2006, and has recently been a consultant at soccer’s global governing body FIFA.

Christian Puscasiu, Presidio Investors’ managing partner, said: “We are thrilled to announce the acquisition of Hellas Verona. We’ve worked hard these past months to achieve this milestone, and are excited to take our first steps in this historic city, leading a club that is an integral part of Verona and its people.”

Setti added: “Now, a new chapter begins for the club and for the city of Verona. I am confident that Presidio Investors will represent a great opportunity for Hellas Verona and that they will work tirelessly, giving 100%, to ensure the best possible future for this club.”

The previous owner will now take up a role as senior advisor of football operations at Hellas Verona.

The team is currently 17th in the 2024-25 Serie A table, having been promoted back to the top division in 2019.