Overview
- President Tommaso Giulini retains majority ownership and operational control under the new shareholding structure.
- The signing was completed on November 21, with the investor’s formal presentation to follow once approvals are obtained.
- The buyer group is tied to Praxis Capital Management, led by italo‑American financier Maurizio Fiori, a Carbonia native based in Arizona.
- Cagliari describes the deal as supporting the new stadium and the broader structural strengthening of the club.
- Financial terms were not disclosed, though reporting estimates roughly €40 million for the 40% stake based on a €100 million valuation, and coverage outlines a €187 million stadium financing plan combining public, private, and bank funding.