US Cremonese is considering a possible ownership change, with Deutsche Bank and sports consultancy Tifosy assisting in evaluating a potential transaction, according to reports in Italy.
Current owner Giovanni Arvedi, founder of industrial group Finarvedi, is reportedly open to outside investment after years of financial support that helped stabilise and rebuild the club — including a rise from lower divisions back to Serie A in recent seasons.
US interest emerging
Early interest is said to include American investors such as Jamie Welch, a former Credit Suisse banker with prior involvement in football ownership, and private equity figure Ignazio Castiglioni, who has investments in technology and AI-related sectors.
Deutsche Bank has previously been involved in Italian football transactions, including advisory work on the sale of Hellas Verona in 2025, reinforcing its role in structuring cross-border ownership deals in Serie A.
Part of a wider ownership shift
The potential deal reflects a broader structural trend in Italy’s top flight. At present, a majority of Serie A clubs already have foreign ownership, including major teams such as AC Milan, Inter Milan, AS Roma and ACF Fiorentina.
If Cremonese were to be sold, estimates suggest around 60% of Serie A clubs would be under non-Italian control.
Financial and sporting context
The club has reported losses of nearly €7 million despite revenues exceeding €57 million, a gap largely covered by internal funding from the owner’s industrial group.
On the pitch, Cremonese is currently fighting to avoid relegation, sitting just above the drop zone with five matches remaining — a factor that could also influence the timing and valuation of any potential sale.