US Billionaire Buys Italian Club Fiorentina

Chairman and CEO Media Communications Corporation Rocco B. Commisso speaks on stage at the 32nd Annual Walter Kaitz Foundation Fundraising Dinner Hosted By TV One at Marriott Marquis Times Square on September 30, 2015 in New York City. Larry Busacca/Getty Images for Walter Kaitz/AFP


Italian-American media magnate Rocco Commisso on Thursday completed the purchase of Serie A team Fiorentina, the Italian club announced.

Reported to be worth in the region of 170 million euros ($190 million), the deal brings an end to the 17-year ownership of the Della Valle family.

The 69-year-old Commisso is chairman of cable television provider Mediacom group, and owns New York Cosmos soccer club.

He had in recent years tried to buy AC Milan.

“I have always been a fan of Italian football and there are no words to describe how incredibly honoured I am to have the opportunity to contribute to writing the next chapter in the history of a legendary club like Fiorentina,” said Commisso.

Born in Calabria in southern Italy he moved to the United States in 1962, with his mother and two sisters to join his father and brother, who had moved there six years earlier.

“Florence is known throughout the world as a city that represents the best of Italian culture,” said Commisso.

“In these three years of contacts to acquire the club, I have developed a profound awareness of how important La Viola is for this city and its fans.”

The Della Valle family, which includes entrepreneur Diego Della Valle, who controls luxury group Tod’s, purchased the Tuscany club in 2002 after the former two-time Serie A winners went bankrupt and were relegated.

“Diego and Andrea deserve great honours for having saved this company from financial collapse,” said Commisso.”They leave solid foundations on which to build the club”.

Fiorentina finished 16th last season, just three points above the drop zone. Their last trophy was a sixth Coppa Italia in 2001.

They won two Serie A titles in 1956 and 1969.

Della Valle brothers Diego and Andrea said they chose the offer which they believed to be best for the club.

“Among the various offers we received, we prioritised the one that wasn’t most financially advantageous for us but the one we believe gives the greatest guarantees of a solid and passionate future to the Viola, given the knowledge and competence that Rocco Commisso already has in the world of football,” they said in a statement.


We have ourselves to blame for Juventus draw – Di Matteo

Chelsea Manager Roberto Di Matteo reacted to the poor finish of the Blues at home in Stamford Bridge against Italian club Juventus in their first game of the UEFA Champions League Campaign for the 2012/2013 season.

Di Matteo said Chelsea is blaming itself for blowing a two-goal lead and making the title defence sloppy from the start of the campaign after giving up the lead to settle for a draw against Juventus ending the game 2-2.

From the start, Chelsea proved to be ready for their title defence with debutant Oscar scoring a stunning first-half double, but the Italian champions ruthlessly exposed the holders’ defensive deficiencies to snatch a Group E draw at Stamford Bridge, with Arturo Vidal and Fabio Quagliarella on target.

Chelsea’s defending was bad enough when Juventus pulled a goal back through Vidal before half-time. But just when it looked as if the holders had done enough to hang on, they went missing again, with John Obi Mikel giving the ball away and failing to track back with David Luiz straying away making impossible to stop Quagliarella whose goal drew level for Juventus.

Di Matteo said he thinks Chelsea should have dealt with it a little bit better as there was no pressure on the ball and it was pretty difficult to play offside.

The Chelsea Manager said Chelsea lost possession just beforehand and should have reacted much quicker to losing the ball than his team did even though Chelsea played some good stuff but loose the ball a bit too cheaply.

Oscar was sensational in term so good football in a two-minute spell just past the half-hour mark. Di Matteo raised eyebrows by handing the £25million Brazil star his full debut but it proved an inspired selection.

The 21-year-old’s opening goal owed a lot to the kind of luck Chelsea enjoyed in spades en route to their Champions League triumph but his second was the kind of spectacular strike that would have had billionaire Roman Abramovich drooling.

Di Matteo said it was a great debut for Oscar and he thought it was the right game to start him and he did a perfect job tactically because he proved that by scoring two goals and the second one was a wonderful goal. He is a big talent and he has got a bit of everything.

Champions League: Juventus 2-2 draw dampens Chelsea

European champions, Chelsea were left stunned by Italian Club Juventus last night at Stamford Bridge as the visitor rallied from a two-goal deficit for a 2-2 draw, thanks to Fabio Quagliarella’s brace in the 80th minute souring the Blues’ Champions League title defense.

Chelsea’s Oscar scored on long-range shots in the 31st and 33rd minutes, the first deflecting off Leonardo Bonucci into the corner of the net and the second a superb curler from the edge of the penalty area.

Arturo Vidal reduced the deficit in the 38th for Juventus, making its return to the competition after a three-year absence. Quagliarella tied the score six minutes after entering the match.

Chelsea Manager lamented saying “We are disappointed and a little bit deflated to get in a great position to win the game and come away with only a draw,”

The Manager said further that Chelsea should have closed the game.

Juventus return very possible – Fabio Cannavaro

Former Juventus player Fabio Cannavaro has revealed that if the Italian club calls for his return to the club to replace banned coach Antonio Conte,it will be difficult for him to turn them down.

Now Al Ahli adviser Cannvaro who is 38 years old played 127 games for his former club and scored just seven goals in his double spell with Juventus as a player and if what is making the round is true he will be a possible replacement for Conte who was banned for match-fixing and has commenced a ten-month ban.

Conte, 43, was suspended on Friday by the Italian Football Federation for allegedly failing to alert authorities to an attempted fix while he was coach of Sienna.

Cannavaro will be counting himself lucky for this offer as he only obtained his coaching licence last week.

Conte’s assistant Angelo Alessio was also banned, leaving another member of the coach’s coaching staff Massimo Carrera to oversee Juventus’ 4-2 win over Napoli in the Supercoppa Italiana in Beijing on Saturday.

In the meantime, Cannavaro’s potential interest in the Juve job, along with his newly acquired coaching credentials, could signal an end to his two-year association with Al Ahli.