Business · Companies · 6 hrs ago

Mike Repole agrees to buy a controlling stake in Spezia

Mike Repole agrees to buy a controlling stake in Spezia

US entrepreneur Mike Repole has agreed to take control of Spezia Calcio by buying a majority stake in the Italian football club.

He will work with Tom Roberts, who is already involved with the club, while president Charlie Stillitano will stay in his post.

Spezia is based in the city of La Spezia in Liguria and was founded in 1906.

The new owners say they want stable, sustainable growth while respecting the club’s history and ties to its supporters.

Repole said he was impressed by the loyalty of Spezia fans and wants to build something lasting with the club.

Spezia currently leads its league, which the club says gives the new ownership a strong base to build on.

Keeping the current leadership in place is intended to provide continuity in day-to-day operations.

The partnership will now work to develop the club for the long term; no further steps or timetable are specified.

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What people are saying

Mike RepoleSpezia Calcio investor
I am excited to join forces with Tom and the entire Spezia organisation to build something meaningful and lasting.
via Corriere dello Sport
We want to build something that this city and its fans can be proud of for generations to come.
via Corriere dello Sport