Pallacanestro Varese Secures 4.8 Million Euros Investment: Boost for First Team and Sports Hall
**Key Points**
- Pallacanestro Varese receives 4.8 million euro capital increase.
- Entrepreneur Paolo Orrigoni invests 2 million euros, backed by NBA legend Luis Scola.
- Funds will improve corporate stability and boost the first team and sports hall.
- Investment facilitated by notary Domenico Chiofalo and accountants from Attanasio-Baretti and Giulio Broggini.
<h2 сте Emiligibles>”Quote on Investment“
“This capital increase allows us a qualitative leap in the corporate stability of Pallacanestro Varese… It’s a significant signal of confidence in our work.”
**”Detailing the Capital Increase”**
- Paolo Orrigoni contributed 2 million euros.
- VSE company invested 2.5 million euros.
- PV Ignis added 300 thousand euros, backed by local entrepreneurs.
“**Expanding the Revenue Base and Future Investments**”
“These new resources go towards increasing the pyramid on which our club is supported… We want to invest in the sports hall… Also, the search for money comes into play through public tenders, and immediately on the Campus.”
Read more about Pallacanestro Varese’s campus developments
“**Did you know?**”
Paolo Orrigoni’s son Luigi plays in the under 15s of Pallacanestro Varese.
“**Pro Tip**”
Stay tuned for updates on the refurbishment and improvements at Pallacanestro Varese’s sports hall and campus!
**”FAQs**”
- **What are the plans for the newly invested funds?**
- Primarily to boost the first team and upgrade the sports hall and campus.
- **Who are the key investors?**
- Paolo Orrigoni and NBA legend Luis Scola, supported by other local entrepreneurs.
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