Thomas R. DiBenedetto

Last updated

Thomas Richard DiBenedetto (Boston, 3 June 1949 [1] ), is an American entrepreneur and was the 22nd chairman of the Italian football club A.S. Roma, since September 27, 2011 to August 27, 2012, when he was succeeded by James Pallotta. [2]

DiBenedetto is a partner in Fenway Sports Group, who own the Boston Red Sox and Liverpool, among other sport properties.[ citation needed ]

AS Roma

On 16 April 2011, Thomas R. DiBenedetto's through "DiBenedetto AS Roma LLC" (incorporated in Delaware, which he owned 25%) and UniCredit bought 67.1% shares of A.S. Roma S.p.A. from Sensi family's Italpetroli (by buying the shares of holding company "Roma 2000 S.r.l", although UniCredit already owned 40% shares of Italpetroli before the deal) for €60.3 million and formed a joint venture holding company NEEP Roma in a 60-40 ratio. The transaction date was scheduled on 31 July 2011. [3] NEEP also bought the sister companies of AS Roma: "ASR Real Estate S.r.l." and "Brand Management S.r.l." valued €10 million.

"DiBenedetto AS Roma LLC" (later renamed AS Roma SPV, LLC) consists of 4 other shareholders (or 3 not counting the family trust), namely James Pallotta (25%) (of "Tudor Investment"), Michael Ruane (25%) (director of "TA Realty"; partially own the "DiBenedetto AS Roma LLC" through family trust for 22.5%) and Richard D'Amore (25%) (of "North Bridge Venture Partners" and Veeco). [4]

The new company was planned a complete takeover and de-list the company from Borsa Italiana. However its failed. Zsolt Kohalmi later joined as the fifth member of investment committee of AS Roma SPV, LLC in 2014, made the five members have equal vote in the company, each hold 20% voting rights[ citation needed ] on AS Roma SPV, LCC. Kohalmi represented Starwood Capital Group which joined AS Roma SPV as the fifth shareholder. While Pallotta hold an additional 9% shares on NEEP Roma Holding since 2014 (through Raptor Holdco LLC), made Pallotta became the largest shareholder by indirect and direct ownership of shares, despite by voting rights, AS Roma SPV, LLC still collectively as the largest shareholder (held 91% shares of NEEP after acquiring 31% from UniCredit; NEEP had a majority voting rights and ownership on AS Roma SpA) due to no one having a majority voting rights on the board of AS Roma SPV, LLC.

Preceded by
Roberto Cappelli
Chairman of A.S. Roma
20112012
Succeeded by
James Pallotta

Related Research Articles

A.S. Roma Professional Italian association football club

Associazione Sportiva Roma, commonly referred to as Roma, is an Italian professional football club based in Rome. Founded by a merger in 1927, Roma have participated in the top-tier of Italian football for all of their existence except for 1951–52.

UniCredit S.p.A. is an Italian global banking and financial services company. Its network spans 50 markets in 17 countries, with more than 8,500 branches and over 147,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the continent's highest market shares.

UniCredit Banca di Roma S.p.A. was an Italian bank based in Rome, Lazio region. It was a subsidiary of UniCredit Group. In 2010 the subsidiary was absorbed into the bank, but retained as a registered trademark.

Capitalia was an Italian banking group headquartered in Rome. The bank was a listed company in Borsa Italiana. The bank was acquired by UniCredit by issuing news shares of UniCredit for shares of Capitalia.

Banco di Sicilia was an Italian bank based in Palermo, Sicily. It was a subsidiary of UniCredit but absorbed into the parent company in 2010.

The history of Associazione Sportiva Roma begins with its founding in the summer of 1927 by Italo Foschi, who initiated the merger of three older Italian Football Championship clubs from the city of Rome; Roman, Alba-Audace and Fortitudo. The purpose of the merger was to give the Eternal City a strong club to rival that of the more dominant Northern Italian clubs of the time. The only major Roman club to resist the merger was Lazio, which was already a well established sporting society.

Rosella Sensi Italian businesswoman

Rosella Sensi is an Italian entrepreneur and professional sports executive. She was the chairperson of the Italian professional football (soccer) club Associazione Sportiva Roma from 2008 to 2011.

Crédit Agricole Italia S.p.A. formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, itself a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia along was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.

James Joseph Pallotta is an American billionaire businessman. In 2009, he founded Raptor Group, a private investment company. Prior to forming Raptor, Pallotta was vice chairman at Tudor Investment Corporation. He is co-owner and chairman of the Italian football club A.S. Roma; co-owner and executive board member of the National Basketball Association's Boston Celtics, and co-owner of esports franchise Fnatic.

Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007.

Cassa di Risparmio di Torino

Banca Cassa di Risparmio di Torino S.p.A. known as Banca CRT, or Caritorino, was an Italian savings bank based in Turin, Piedmont. In 1997, the bank joined Unicredito banking group, as well as in 1998 followed the group to merge with Credito Italiano to form UniCredito Italiano. In 2002 Banca CRT was absorbed into the parent company.

Banca Popolare di Novara was an Italian cooperative bank based in Novara, Pidemont. The bank was absorbed into parent company Banco Popolare in 2011. However, the former company still operates as a division and a brand of the group.

Finsoe S.p.A. is an intermediate holding company for several coop societies of Coop (Italy). Finsoe was the major shareholders of Unipol and in the past, had a direct minority shareholding in Unipol Banca. Until 2015 Unipol had two class of shares, making Finsoe hold 50.75% voting rights and 31.40% share capital on Unipol. However, in mid-2015 all shares were converted to ordinary shares.

Rolo Banca 1473 S.p.A. was an Italian bank based in Bologna, Italy. It was formed by the merger of Credito Italiano subsidiaries Credito Romagnolo, and Carimonte Banca. The intermediate holding company of the bank was Credit Carimonte, a 51–49 joint venture of Credito Italiano and Carimonte Holding.

Banca del Mezzogiorno – MedioCredito Centrale S.p.A. (MCC) is an Italian bank based in Rome, Lazio region. The bank is entirely controlled by Invitalia S.p.A., which in turn is owned by the Ministry of Economy. The bank was specialized in medium-term loan to companies, which developed into corporate and investment banking, and currently specialized in public sector, such as one of the manager of Fondo di Garanzia per le Piccole e Medie Imprese of the Ministry of Economic Development, and European Union's Joint European Resources for Micro to Medium Enterprises Calabria Fund. The bank lend medium-term loan from the fund to SMEs for Italian government and the European Union.

Casse di Risparmio dell'Umbria S.p.A. known as Casse dell'Umbria is an Italian retail bank based in Terni, Umbria. The bank is a subsidiary of Intesa Sanpaolo.

IRFIS – Finanziaria per lo Sviluppo della Sicilia S.p.A. also known as IRFIS – FinSicilia S.p.A., is an Italian development bank based in Palermo, Sicily. The bank is registered under article 106 and 107 of Testo Unico Bancario. The bank provided subsidized loans and intermediates for companies to access government incentives.

doValue S.p.A. formerly doBank S.p.A. is an Italian financial service company based in Verona, Veneto region. The company, a former bank, was known as UniCredit Credit Management Bank until 2015. In 2015 the company was acquired by private equity funds of Fortress Investment Group. Soon after the company started their initial public offering; the bank became a component of FTSE Italia Mid Cap Index in August 2017.

Fondazione Roma formerly Fondazione Cassa di Risparmio di Roma is a charity organization based in Rome, Italy. The organization was re-founded as a banking foundation in 1991, by spin-off its banking activities to merge with other Roman banks to form Banca di Roma S.p.A.. The foundation remained as a shareholder of UniCredit, the banking group that acquired Capitalia in mid-2007. As at 31 December 2006, the foundation was the second largest shareholder of Capitalia for 5.02% stake.

FinecoBank italian bank

FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian financial service company that specialize in online brokerage. Launched in 1999, the bank was a subsidiary of Banca Popolare di Brescia (Bipop) and then Bipop Carire, Capitalia and UniCredit banking groups. It became a listed company in 2014 and no longer part of UniCredit banking group since 2019.

References

  1. laroma24.it, ed. (25 April 2011). "'Happy birthday' DiBenedetto! Ma il compleanno di mister Tom è il 3 giugno..." (in Italian). Retrieved 25 April 2011.
  2. http://www.gazzettagiallorossa.it/2012/08/gazzetta-dello-sport-pallotta-e-tua-tra-basket-e-soccer-la-scalata-di-mister-james-per-fare-grande-la-roma/
  3. "CONCLUSO CONTRATTO PER L'ACQUISTO DELLA PARTECIPAZIONE DI CONTROLLO DI AS ROMA S.P.A." (PDF). Di Benedetto AS Roma LLC, Compagnia Italpetroli S.p.A. & Unicredit S.p.A. (in Italian). 16 April 2011.
  4. http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=84385&privcapId=22127&previousCapId=251349&previousTitle=ANADARKO%20PETROLEUM%20CORP