American investment firm KKR in advanced talks to buy Atalanta

American investment firm KKR is reportedly in advanced talks to buy Atalanta from the Percassi family.

Sky Sport Italia reports that KKR could complete the club’s takeover by next week. The American investment firm should acquire 85% of the club’s stakes for circa €350m. However, there is a chance to see KKR initially buy a minority stake in the club. In any case, Luca Percassi would remain the club’s CEO.

Founded in 1976, KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions.

Atalanta have achieved remarkable results in Italy and Europe over the last few seasons reaching the Champions League quarter-finals in 2020. They’ve qualified for Europe’s elite competition three times in a row and are in the race for a top-four finish this season.

They’ve reached the Coppa Italia Final twice during the Gian Piero Gasperini era, losing against Lazio in 2019 and Juventus in 2021.

UPDATE: KKR denies interest in Atalanta