Serie A president tests positive for coronavirus
Test result has been announced just days before a crucial meeting over fund bids
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Your support makes all the difference.Serie A President Paolo Dal Pino has tested positive for Covid-19, Italy's top-flight said in a statement on Tuesday, days before a 9 October meeting to assess bids by private equity funds for a stake in its media business.
A former telecoms executive, Dal Pino was appointed at the helm of Serie A in January, shortly before the coronavirus outbreak brought the championship to a three-month standstill.
As closed-door matches and broadcasters cutting off money from deals keep club finances under pressure, Dal Pino has been promoting a project to sell a minority stake in the newly-created media company that manages the league's main source of revenue.
Two private equity consortia, led by CVC Partners and Bain Capital, are bidding for a stake in the venture, offering up to €1.6 billion.
Serie A's club representatives are expected to hold a meeting on Friday to pick the preferred bidder.
The meeting remains scheduled for Friday despite Dal Pino being in self-isolation with symptoms, a source close to the matter said.
Reuters
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