GLOBAL BOOST: CAGLIARI SECURES US/INDIAN INVESTMENT, NAMES NEW VP MAURIZIO FIORI
Serie A side Cagliari secures international backing led by Maurizio Fiori and Prashant Gupta. The investment aims to expand the club's global profile and commercial reach.
Cagliari just got a fresh boost with new international backing. A minority shareholder group has joined the Serie A club, led by Maurizio Fiori, a financier who was born in Sardinia, and Prashant Gupta, an Indian entrepreneur from the U.S. The club is working to improve its long-term plan.
Fiori and Gupta are heading a group of investors, including senior managers and former athletes with finance, tech, and global sports experience. The club plans to use their know-how, along with other U.S. investors, to grow Cagliari’s business, raise its international profile, and support its sports goals.
Fiori is becoming Cagliari’s new vice president. He is already managing director at Chicago hedge fund Praxis Capital Management and CIO at Argos Investment Management. Gupta is joining the board as a non-executive member. He co-founded Lancium, a tech infrastructure firm that focuses on integrating large-scale data centres with power grids.
Fiori and Gupta shared how excited they are to be a part of the Rossoblù: “Being a part of Cagliari Calcio is a huge honour. This club represents tradition, strength, and the island's pride, and we’re dedicated to helping it do well in today’s soccer world.
“We’ll be focused on making new chances for the club to grow, both on and off the field. We want to make sure that Cagliari’s core values stay important to its future. We’re looking forward to helping President Giulini and the team write the next chapter.”
Hogan Lovells was the legal advisor for the deal. Deloitte’s Sports Business Group and Studio Business Consulting in Milan took care of the financial and business checks. Cagliari was advised by Antonio Romei from Studio BDL.
At the shareholders’ meeting on Friday, the club approved its 2024/25 accounts and officially selected a new board of directors. President Tommaso Giulini is staying in charge, with Fiori as the new vice president. Carlo Catte and Stefano Melis will be board members and co-CEOs, along with Gupta and Fedele Usai.
Nicola Riva is stepping down as director and becoming a club ambassador. The club thanked Giangiacomo Ibba, Alessandro Manunta, and Stefano Signorelli, who are leaving the board, for their work.
A new three-year Board of Statutory Auditors was also confirmed, with Luigi Zucca as chair again. Piero Sanna Randaccio and Sergio Martone were picked as standing auditors. Ria Grant Thornton will handle the statutory audit.
This new expertise is coming at a key time for the club. Cagliari wants to keep its identity while also growing and moving forward.
RADJA NAINGGOLAN SLAMS NAPOLI’S SCOTT MCTOMINAY AS "JUST AVERAGE" IN TV RANT
Radja Nainggolan has sparked controversy by calling Napoli's Scudetto winner Scott McTominay "average" in a scathing TV interview.
Scott McTominay’s journey from Manchester United to Napoli has been wild. He’s helped the club win a Scudetto, snagged a Ballon d’Or nomination, and his goal tally is impressive. But not everyone’s sold on him. Even with all those honours, one Serie A legend isn’t convinced. Radja Nainggolan slammed him as just “an average player".
After McTominay’s £26 million jump from Old Trafford in 2024, he took off. He won the Serie A MVP, clinched Napoli’s fourth Scudetto with a spectacular overhead goal against Cagliari, and made a big mark in Italy. Still, Nainggolan, never shy with an opinion, tore into him during a TV interview. Despite McTominay racking up 26 goals in 76 games and getting a Ballon d’Or nod, Nainggolan didn’t hold back. “I don’t like him,” he said on Sky Calcio Unplugged. “He gets his goals, 12, 13, 14 a season, but his general play? He doesn’t have the technique to move between the lines. He’s just average.”
And he wasn’t content to leave it at that. Nainggolan compared himself to today’s names, arguing he was better than both McTominay and Inter’s Hakan Calhanoglu at his best, though he admitted Nicolo Barella sits above him. “At my peak, I was better than McTominay and Calhanoglu, but Barella is on another level,” Nainggolan said. “He doesn’t always score a lot, but when he does, it matters, and you always feel his presence on the pitch. I like De Bruyne, too; he sees things nobody else does. He’s above me, and Modric...he’s always been world-class.”
Of course, Nainggolan’s take doesn’t really jibe with life in Naples. McTominay has become something of a hero there; his face is on murals around the city, the fans have dubbed him ‘McFratm’ (McBrother), and he helped Napoli win the Supercoppa Italiana in December 2025. Even if Inter seems ready to grab the Serie A crown back, McTominay’s reputation hasn’t dipped. His knack for scoring from midfield has been crucial for Conte’s side.
Nainggolan also touched on Belgium’s so-called “Golden Generation” and why they didn’t deliver a major trophy, despite stars like Lukaku, Hazard, and De Bruyne. He knows the team well, having made 30 appearances before retiring after he got left out of the 2018 World Cup squad. “We had Lukaku, Hazard, De Bruyne, and Courtois. Too many superstars, too many egos,” Nainggolan said. “Everyone wanted to be the star, to be the most important guy, and that just doesn’t work.” His take pretty much confirms what fans suspected: there was plenty of talent, but not enough unity.
MANCHESTER UNITED AND CHELSEA ENTER RACE FOR DISCOUNTED €50M-RATED RAFAEL LEãO
Discover why Rafael Leão’s value has plummeted at AC Milan and which Premier League clubs are leading the race to sign him.
Just a year ago, everyone was buzzing about Rafael Leao and his rumoured €120 million move to Chelsea. Fast forward to this summer’s transfer window, and it looks like AC Milan’s ready to let him go for nowhere near that amount. Manchester United, along with a few others, are circling, hoping to get him for much less.
Last week, Gazzetta dello Sport broke the news: Milan now values Leao at just €50 million. That’s a wild drop, especially since six months ago they slapped a €100 million price tag on him.
So what happened? Why did his value tank so quickly?
Perception plays a big part. Leao’s estimated transfer value hasn’t actually changed that much. FootballTransfers’ algorithm had him pegged at €72.5 million last July, and now he’s at €70.7 million. But Milan’s own estimate? That’s fallen off a cliff.
Last summer, Milan wanted €50 million above the algorithm’s number. Now, they’re ready to accept an offer that’s €20 million below it.
Leao once had everything going for him in Milan. In the 2021/22 season, he carried them to the Scudetto, racking up 11 goals and 10 assists. Clubs were fighting over him, and in 2023, Milan rewarded him with a hefty €7 million salary and a massive €175 million release clause. That’s when top European clubs started sniffing around for a record-breaking deal.
But the new contract didn’t spark another big season for Leao. In his next campaign, he scored 15 goals and managed 14 assists, but fans started to turn, especially after two weak outings against Roma in the Europa League.
Things haven’t improved since. Early in the 2024/25 season, Milan benched him for disciplinary reasons, and he seemed pretty unfazed, something that sparked more criticism. He’s had some public clashes with head coach Max Allegri, too. Despite still being Milan’s top scorer, he hasn’t scored in two months. And the fans? They’ve booed him at home games, most recently against Juventus and earlier against Udinese.
Now, Milan looks ready to move on. Leao’s raw talent is still obvious, but at San Siro, the excitement has faded. SciSports, the data analytics folks, show his performance is in “significant decline” based on their SciSkill rating. Still, they think he can bounce back.
According to Gazzetta dello Sport, Milan plans to hold off until the World Cup, hoping Leao puts on a big show for Portugal and builds hype again.
He’s still got admirers. Arsenal’s been keeping tabs on him, FootballTransfers said back in February. Chelsea, Liverpool, and United are all in the market for a left-sided attacker and would jump at the chance to grab a rejuvenated Leao.
Sure, the €120 million rumours are a thing of the past. But the old Leão, the top-class player, is still in there somewhere. He just needs the right club, coach, and a fresh start.