The Berlusconi family have announced the sale of relegated Serie A club Monza to American investment fund Beckett Layne Ventures (BLV), Afrosport reports.
Fininvest, the Berlusconi family’s holding company, purchased Monza in 2018 and oversaw the club’s rise from the third division, Serie C to Serie A.
The Lombardy outfit finished fourth in the 2021-22 Serie B season to win top flight promotion for the first time in their history via the play offs, beating Pisa 6-4 on aggregate after extra time in the final.
Monza’s impact in the Serie A was impressive, finishing a solid 11th in their first season in 2022-23 followed by a 12th finish in 2023-24 season.
The recently-concluded 2024-25 campaign was however a dismal one as they remained in the relegation zone all season, and changed managers three times, first appointing Salvatore Bocchetti to replace Alessandro Nesta before Nesta returned in February but only lasted a few games and was replaced a second time, with Paolo Bianco overseeing things until the end of the season.
Despite all the managerial changes, Monza finished bottom of the Serie A log with 18 points from 38 games, winning just three matches, losing 26 and drawing nine to return to Serie B after four years.
Fininvest was previously controlled by the late three-time Italian prime minister Silvio Berlusconi who owned AC Milan from 1986 to 2017, overseeing a spell that produced 30 trophies including nine Serie A titles and five UEFA Champions League.
BLV is paying around €30 million to purchase Monza which represents about 80% of the shares with the remaining 20% to be transferred by June 2026.
