FILE PHOTO: A logo of Italy's Lega Serie A is seen in Milan, Italy, December 17, 2019. REUTERS/Flavio Lo Scalzo/File Photo
MILAN (Reuters) - Italy's top flight Serie A soccer league should follow the example of Spain's LaLiga and open up to private equity investors to mend clubs' finances ravaged by the pandemic, the new U.S. owner of Serie A club Genoa CFC has said.
Earlier this year, Spain's top league soccer clubs backed private equity firm CVC's proposed investment in LaLiga, in a deal aimed at strengthening clubs and give them funds to spend on new infrastructure and modernisation projects.
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