Agnelli Launches Gamma Waves Sports Investment Fund with

Former Juventus President Agnelli Launches €100M Sports Investment Fund Gamma Waves

Gamma Waves Fund: Launch, Strategy, and Background

Fund Launch and Founders

April 24 (Reuters) - Andrea Agnelli, the president of Serie A football club Juventus for 12 years until 2022, has launched capital fund Gamma Waves to invest in sports-related intellectual property and technology, the company said in a statement on Friday.

Gamma Waves is based in the Netherlands and was co-founded by Agnelli, former Juventus player and European champion Giorgio Chiellini, and Rocco Benetton, heir of the Italian family behind the global fashion brand.

Investment Focus and Strategy

Target Sectors

• Gamma Waves plans to invest in sports competitions, clubs and athletes, as well as in growth-stage sports technology companies

Technology and Data Initiatives

• It will also focus on data analytics and AI-automated content production investments

Funding and Financial Details

Initial Commitments

• Gamma Waves has received 55 million euros ($64 million) of firm funding commitments out of its 100-million-euro target, the Financial Times reported

Company Response

• The company declined to comment on the initial funding when contacted by Reuters

Agnelli’s Juventus Tenure

Resignation and Scandal

• Agnelli resigned as Juventus chairman in 2022 following an accounting scandal linked to player trading and salary payments

Achievements

• Between 2010 and 2022, Juventus won Italy’s Serie A football league nine times and finished twice as runners-up in the UEFA Champions League

Exchange Rate

($1 = 0.8536 euros)

(Reporting by Mirko Miorelli, Romolo Tosiani, editing by Milla Nissi-Prussak)

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