Italy

The long-running saga over the future of AC Milan is set to be concluded next month, after the Chinese consortium seeking to buy the Italian Serie A football club said it expects to complete the deal by December 13.

Japanese automotive giant Honda and Italian company Ducati have each agreed five-year extensions to their manufacturer agreements for the MotoGP motorcycling championship.

Italian Olympic Committee (CONI) president Giovanni Malago has maintained that government financing remains intact for Rome’s staging of the 2022 Ryder Cup and Cortina d’Ampezzo’s hosting of the 2021 FIS Alpine Ski World Championships in the wake of a decision made earlier this week.

Italian Serie A football club Inter Milan has said it is “firmly on-track” with its long-term business plan after substantially cutting its losses and improving its revenue in its results for the 2015-16 financial year.

Stephen Cannon from the Atlanta Falcons and Scott O'Neil, CEO of the Philadelphia 76ers, were amongst the speakers when SportBusiness asked the questions at the Leaders Sport Business Summit.  

From Hamburg’s nein to the Roman ruins of Italy’s bid, why does the public appear to be increasingly sceptical of the benefits of its city hosting the Olympic Games? SportBusiness International investigates.

The International Skating Union (ISU) has provisionally awarded hosting rights for six of its major events to be held during the period from December 2018 to March 2019.

International Olympic Committee president Thomas Bach has pointed to the “political reasons” behind the withdrawal of Rome’s bid for the 2024 summer Olympic Games, adding that the development will not harm relations between the IOC and the Italian Olympic Committee (CONI).

Milan’s Mayor, Giuseppe Sala, has put forward his city for a potential bidder for the 2028 summer Olympics, should the 2024 Games be awarded to a non-European host.

Italian Olympic Committee (Coni) president Giovanni Malago admitted today (Tuesday) that the “game is over” after he wrote to the International Olympic Committee (IOC) to suspend Rome’s bid for the 2024 summer Games.

The European Athletics governing body has awarded hosting rights for the 2017 edition of its U20 Championships to the Italian city of Grosseto.

Palermo president Maurizio Zamparini has said that he has agreed a deal to sell a majority stake in the Italian Serie A football club to a Chinese state-backed fund.

Lega B, which oversees the running of the second tier of Italian club football, has named sports data and technology company Genius Sports as its official betting data partner.

Giovanni Malago, the president of the Italian Olympic Committee (Coni), has said that the organisation will “decide what to do” with Rome’s bid for the 2024 Olympics after meeting International Olympic Committee president Thomas Bach on Tuesday of next week.

The Federazione Italiana Rugby (FIR), the governing body of rugby union in Italy, has withdrawn its bid to host the 2023 Rugby World Cup.

Italian Serie A football club Juventus has announced year-on-year growth across key financials for the 12 months to June 30, with preliminary results showing an 11.4 per cent increase in revenue.

Italian Olympic Committee (CONI) president Giovanni Malago has said officials will press on with Rome’s bid for the 2024 summer Olympic and Paralympic Games, as the bid committee expressed its “profound surprise and disappointment” at Mayor Virginia Raggi’s decision to reject the project.

Rome Mayor Virginia Raggi has today (Wednesday) rejected the city’s bid for the 2024 summer Olympic Games in a move that effectively spells the end for the Italian capital’s effort to secure the event.