Naples: Matt Rizzetta New Majority Shareholder, President of Napoli Basket

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American Entrepreneur Matt Rizzetta Takes the Helm of Napoli Basket

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NAPLES, Italy – Matt Rizzetta is officially the new majority shareholder and president of Napoli Basket, completing a transaction filed with the Naples Chamber of Commerce. With 67% ownership, Rizzetta’s investment displaces the previous co-owners, which include Tavassi and Amoroso, who will no longer remain in the club’s leadership. Federico Grassi retains a 33% stake but will now serve as a minority partner.

Meet Matt Rizzetta

Rizzetta, a 42-year-old Apulian-born entrepreneur based in New York, is the owner of the North Sixth Group, a medium-sized business holding. His sports investments include Campobasso Calcio in Italy’s Serie C, and two women’s clubs: Brooklyn Breeze Girls in the States and ASD Youth Process Rome. A complete reset of the Napoli Basket club is planned, with a new sporting director set to be appointed.

Matt Rizzetta, the new majority shareholder and president of Napoli Basket (Source)

Rumors Swirl Around NBA Star’s Involvement

Rizzetta, who likes to involve high-profile testimonials in his operations, would have co-opted a former NBA star for the Napoli Basket project. – *Italian media reports*

An unconfirmed report suggests that the NBA legend in question could be Shaquille O’Neal, the four-time NBA champion known for his time with the Los Angeles Lakers and Miami Heat. O’Neal, now a TV personality and DJ, has yet to confirm any involvement with the Napoli Basket project.officials have not addressed the rumors.

Napoli Basket’s Historic Season

The closing of the deal comes as Napoli Basket clinched Serie A salvation last Sunday with an away win against Tortona. Tonight, Rizzetta will attend his first game as club president when the blues face Trento at the Fruit Village Arena, marking the last match of the season.

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FAQs

  • Who is Matt Rizzetta? Matt Rizzetta is a New York-based entrepreneur with sports investments in Italy and the United States.
  • Has Shaquille O’Neal joined Napoli Basket? No official confirmation has been issued regarding O’Neal’s involvement with the club.
  • What is Napoli Basket’s current status? Napoli Basket has secured its place in Serie A after winning its last away game against Tortona.

Did you know?

This season marks the first time Napoli Basket will be administered by an American entrepreneur, signaling a new era for the Neapolitan club.

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