American fund UGP submits two billion euro bid for Napoli

The American investment fund UGP has reportedly submitted an offer of two billion euros to acquire the Italian football club Napoli. The proposal follows six months of negotiations with the club's current owner, Aurelio De Laurentiis, who has led the team since 2004. According to reports from The Athletic, UGP is seeking to integrate the club into a broader sports project. This initiative follows the fund's acquisition of the city's basketball team last May, with plans to participate in a proposed European basketball league. As part of the potential deal, UGP aims to acquire and renovate the Diego Armando Maradona Stadium while committing significant funds for player transfers. While the interest from the fund is described as intense, Aurelio De Laurentiis has currently shown no inclination to sell the club. The deal remains under consideration as pressure on the ownership mounts.