Tickets please as Fiorentina sells Lit67bn securitised on revenue from gate receipts

04 Dec 1998

AC FIORENTINA, the leading Italian football club owned by the Cecchi Gori Group, this week raised Lit67.5bn from a securitisation of its future ticket revenues through a deal arranged by Merrill Lynch. The transaction follows the template Merrill established with a Lit50bn deal for Lazio football club ...

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