Celtics co-owner Steve Pagliuca on sports teams as investments

Why would the Boston co-governor want another sports franchise in his portfolio of investments if he already has the Celtics?

When news broke that another popular European football team (that’s soccer to you barbarians) was up for sale, it was no great stretch of the imagination to wonder whether Steve Pagliuca, Boston Celtics co-owner, might be interested in buying the ball club.

That’s because Pagliuca already owns one European football club — Italy’s Atalanta — and has been connected to the sale of several other such clubs in recent years. Why would the Boston co-governor want another sports franchise in his portfolio of investments if he already has the Celtics?

The man himself recently made an appearance on Indian English language news channel WION to explain why he sees sports teams as wise investments, as well as all that goes into such a perspective.

Take a look at the clip embedded above to hear their talk in full.

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Boston Celtics co-owner Stephen Pagliuca on his Atalanta FC ownership

Pags talks about how he came to buy Atalanta, and talks on his interest in the sport more generally.

By now it is no secret that Boston Celtics co-Governor Stephen Pagliuca is not just a fan of European football (better known stateside as “soccer”), but also an active participant in Italian Series A football as part owner of Atalanta, the professional football club which is based in Bergamo, Lombardy, Italy.

Pagliuca has also been tied to other football clubs in Europe, most famously after getting involved in the bidding process for Premier League club Chelsea, but also more recently being rumored as having an interest in buying either Liverpool football club or Manchester United.

Naturally, the Celtics co-owner’s active and growing presence in European football has gotten Pagliuca on the European sports media’s radar, with a recent interview by CBS Sports’ Matteo Bonetti.

Take a look at the clip embedded above to hear more about Pags’ love for footy abroad.

Listen to the “Celtics Lab” podcast on:

Apple Podcasts: https://apple.co/3zBKQY6

Spotify: https://spoti.fi/3GfUPFi

YouTube: https://bit.ly/3F9DvjQ

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Boston Celtics co-Governor Stephen Pagliuca hints at interest in buying Liverpool or Manchester United

It’s not the first Premier League team Pags has been tied to.

Boston Celtics fans who also follow the sport of soccer in Europe likely recall Celtics co-Governor Stephen Pagliuca‘s interest in buying Chelsea, the British football club, before another investment consortium won the bidding process. Those fans may be keen to learn Pagliuca recently hinted his investment firm may yet have an interest in purchasing a Premier League club.

Asked about whether he might have an interest in buying either Liverpool or Manchester United, Pagliuca replied (via the Manchester Evening News’ Matthew Abbott) “I looked at Liverpool about 15 years ago,” before their current ownership group bought the ball club.

“I can’t talk specifically about any transactions we are working on because of confidentiality agreements, but obviously, we are aware of those transactions,” added Pagliuca. “The question on those transactions, in general, is what price level do we think is sustainable?”

“Obviously the Chelsea process, which received a record price, has probably motivated folks to try and monetize clubs that they have owned for a long time, and we are certainly in a period where values have been driven up,” continued the Celtics owner, who also owns Italian club Atalanta.

“Anyone who buys a club has to assess the economic opportunity, how much money we have to put in to keep up the quality and what that will cost you. That is what we do in everything we are looking at.”

Listen to the “Celtics Lab” podcast on:

Apple Podcasts: https://apple.co/3zBKQY6

Spotify: https://spoti.fi/3GfUPFi

YouTube: https://bit.ly/3F9DvjQ

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Celtics assistant GM Mike Zarren travels to Italy to share player tracking techniques with soccer club Atalanta

The Boston exec hopes to help co-owner Steve Pagliuca’s soccer club learn a few new things.

While they might be very different sports, NBA basketball and association football rely on statistics to make important decisions often enough to have some important perspectives to share with one another. And if you happen to own teams that play both, one might find themselves in a position to do such a thing in ways that might prove more difficult otherwise.

To that end, Boston Celtics co-owner Steve Pagliuca, who recently purchased Italian soccer club Atalanta, reportedly picked a familiar face to Celtics fans to get his soccer club up to speed on how Boston tracks player data according to a recent article by the Boston Globe’s Adam Himmelsbach. That face is assistant general manager Mike Zarren, who recently traveled to Bergamo, Italy, to do exactly that.

“Steve just thought it would be good for me to meet with them and see if there’s any advice to give,” Zarren said. “I’m a soccer fan, but not a soccer expert.”

“The thing is, so many of the challenges of running a sports team are the same across the board,” he added.

“The actual numbers you’re looking at might be different, but how you set up the infrastructure and think about which things to analyze with the front office and coaching staff, that stuff is all very common.”

Check out the “Celtics Lab” podcast on:

Apple Podcasts: https://apple.co/3zBKQY6

Spotify: https://spoti.fi/3GfUPFi

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Celtics co-governor Steve Pagliuca’s consortium informed it will not be the preferred bidder for Chelsea FC

The Celtics co-governor will have to suffice with owning Atalanta FC (and some obscure Boston basketball team).

It looks as if the saga surrounding Boston Celtics co-governor Steve Pagliuca’s bid to purchase British Premier League football (as in soccer) club Chelsea has come to an end, with the Daily Telegraph’s Matt Law reporting that Pagliuca’s investment group will not be the club’s preferred bidder.

In layman’s terms, that means the team’s current board does not believe Pagliuca’s group to be the best option to purchase the team, effectively taking them out of the running to buy the team currently up for sale after sanctions sparked by the Russian invasion of Ukraine forced the sale of the club by the prior owner, Russian oligarch Roman Abramovich.

The Guardian’s Jacob Steinberg reports that Todd Boehly’s consortium is the likely frontrunner to land the team, but some uncertainty remains as Sir Jim Ratcliffe’s consortium had announced they’d made a late offer worth more than $4 billion pounds (about $5 billion US).

At any rate, it seems Pagliuca et al are out of the running, with the Bain Capital executive having to console himself with ownership of also recently-purchased Italian football club Atalanta. While certainly not on the scale of club like Chelsea, it’s far from the worst consolation prize.

This post originally appeared on Celtics Wire. Follow us on Facebook!

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Celtics’ co-governor Steve Pagliuca may be trying to recruit former Disney exec Bob Iger to back Chelsea FC bid

It’s unclear if Iger is interested, according to the report.

Could Boston Celtics co-governor Steve Pagliuca be on the verge of teaming up with former Disney CEO Bob Iger in his quest to purchase the Stamford Bridge Chelsea Football Club? According to a recent report from the United Kindom’s Sky News Mark Kleinman, it very well could be the case.

According to Kleinman, Pagliuca “has approached a number of wealthy businessmen including the former Walt Disney chief Bob Iger about backing his bid to buy Chelsea Football Club.” Already the owner of Italian soccer team Atalanta in addition to his co-ownership of the Celtics with Boston Basketball Partners, LTD., “Pagliuca is in talks with a string of potential co-investors ahead of a deadline for final bids for the Premier League club next Monday” the 11th, according to the Sky News reporter.

“Sources said that Mr. Iger, who stepped down as Disney’s executive chairman in December, was among those who had been sounded out by Mr. Pagliuca since he became one of the four bidders shortlisted to buy Chelsea,” he added, noting it was unknown whether Iger returned the interest.

This post originally appeared on Celtics Wire. Follow us on Facebook!

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Celtics co-governor Stephen Pagliuca among shortlisted candidates to purchase Chelsea F.C.

The Boston co-governor also owns a 55 per cent stake of Serie A side Atalanta in Italy.

Boston Celtics co-governor Stephen Pagliuca is reportedly among the shortlist of candidates being considered to purchase the English Premier League’s Chelsea Football Club per The Athletic’s Matt Slater, up for sale after sanctions against Russia forced the sale of the club from previous owner Roman Abramovich.

Noting that “it is understood that the Raine Group has shortlisted the final four bids,” Slater relates that “Pagliuca, 67, is thought to be in with a real chance of buying the west London club. He owns the Celtics and co-chairs private equity group Bain Capital. He also owns a 55 per cent stake of Serie A side Atalanta.”

Fans of the Celtics may cast a leery eye if team ownership is not willing to spend liberally on the NBA team after this news as it appears to be entering an era of contention, but to date co-governor Wyc Grousbeck and the rest of the Boston Basketball Partners ownership group have signaled willingness to invest in the Celtics.

This post originally appeared on Celtics Wire. Follow us on Facebook!

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El mensaje de Malinovskyi tras anotar en Europa League fue conmovedor

En el festejo del delantero del Atalanta, el ruso mostró una camiseta con la leyenda “Alto a la guerra en Ucrania” que se hizo viral

El delantero ruso del Atalanta Ruslan Malinovskyi se despachó el día de hoy con dos goles para ayudar a su equipo a avanzar de ronda ante el Olympiacos.

Pero lejos del doblete, el mensaje que mandó el ariete del Atalanta fue conmovedor para el mundo, pues en el festejo mostró una camiseta con la leyenda “Alto a la guerra en Ucrania”.

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El mensaje de inmediato se hizo viral y las muestras de apoyo para el jugador no se hicieron esperar, pues sabemos que no es sencillo para las personas de nacionalidad rusa opinar libremente sobre la situación política que atraviesa su país en estos momentos.

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El conflicto armado en Ucrania por parte del ejército ruso ya ha generado muchas reacciones en el entorno deportivo y seguramente seguirán creciendo las opiniones de jugadores rusos y ucranianos que tienen participación en torneos internacionales.

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Celtics co-owner Steve Pagliuca buys 55% stake in Italian football club Atalanta

Fans may have less sympathy for ownership dodging the luxury tax in future seasons after Pagliuca’s purchase.

Fans of the Boston Celtics will not likely have any pity for the owners of the team paying the tax in future seasons given the ownership group seems to be doing pretty well. Well enough in fact that team co-owner Steve Pagliuca has reportedly purchased a 55% stake in European football club Atalanta, per a release by the team.

We of course mean soccer when we say football, but Atalanta, a series A football club, was purchased in partnership with the Percassi family by Pagliuca, who owns the Celtics along with co-owner Wyc Grousbeck and the rest of Boston Basketball Partners, LLC.

“We are thrilled to partner with the Percassi family and to support the future development of the Club,” shared Pagliuca in the release.

“Atalanta and Boston Celtics share the common sports values: teamwork and an extraordinary relationship with the fans and the community.”

Citing a desire to “strengthen the brand globally,” it sounds like the partnership is aimed not only at the local supporters of the club but part of a concerted effort to raise the profile of the sport more generally.

This post originally appeared on Celtics Wire. Follow us on Facebook!

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WATCH: Inter Milan vs. Atalanta – Serie A Key Facts, Stats

Key Facts and stats on Inter Milan vs. Atalanta – Serie A matchup.

Inter Milan plays host to Atalanta in Serie A play this weekend. The match is a battle of top 5 teams, with Inter Milan second and Atalanta fifth in league standings. The defending league champion holds a 4-4-1 record against the visiting club in the last nine meetings. In 120 all-time matches, Inter leads with a 64-32-24 record. 

This is the first matchup of the season between the clubs, who meet again in January. The clubs are fairly evenly matched in goals against so far this season, with five goals scored against Inter Milan to Atalanta’s four. On the offensive side, Inter Milan leads by a wide margin, having scored 18 goals, a much stronger showing than Atalanta’s six. Inter Milan is the favorite in this matchup. Go to Tipico Sportsbook for the most updated odds.

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