PELLIGRA GROUP: investment in sport in Italy, the figures of the agreement with Pallacanestro Varese

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By 31 March, the Pelligra Group should formalize a new investment in sport, in Italy, by making its entry into the Varese Basketball club. Varesesport.it publishes the figures of the agreement, which would provide for the acquisition of 45% of the shares.

John Caniglia and another exponent, probably legal, of the Australian group would also be part of the Board of Directors, possibly with the presence of Ross Pelligra. The figures of this agreement would be as follows: 1.5 million euros for the purchase of 45% of the shares, divided into two tranches by 750.000 euroone to be signed and one in June 2023. Not only, however, because the agreement with the Pelligra Group would provide for a three-year sponsorship from one million euros per year.

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