It's no secret that FC Lugano's president Angelo Renzetti, wants to sell the soccer club, but now an Italian American from the world of finance has appeared on the scene.
Billionaire and executive chairman of U.S. independent research provider Morningstar, Joe Mansueto, is in the frame as a potential buyer for Swiss soccer club FC Lugano, the «Corriere del Ticino» (in Italian behind paywall) and other media report.
However, the original report about talks with with a U.S. investor came from the club itself, without naming names.
Second Attempt at Sale
This would be Renzetti’s second attempt to sell the southern Swiss club where he has been in charge for around ten years and in which he holds 60 percent of the shares.
Last June, a deal with investors Thyago Rodrigo de Souza and Giammarco Valbusa fell through when the agreed payment did not materialize.
Mansueto already owns a soccer team in his hometown of Chicago. In 2018, he bought Chicago Fire, a major league team from Bridgeview, Illinois.
Son of Italian Doctor
Mansueto, the son of an Italian doctor, was born and raised in Munster, Indiana, a suburb of Chicago.
He founded Morningstar from home in 1984, and took the research and wealth management company public in 2008.
Mansueto transferred operational leadership to Kunal Kapoor as the new CEO in 2017 and took on the role of executive chairman. «Forbes» estimates his net worth at $5.7 billion.
Maybe Mansueto wants to give himself FC Lugano as a present for his 65th birthday on September 3.
