I just read this article about the intention of selling one of the dearest resorts for the late Gianni Agnelli...
I don't intend to start another thread about Juve and the scandal.
I want to hear from anybody who have any information about the economic situation of Agnellis as a whole, which will have an effect for sure on Juve...
Here is the article that I've read today:
-----------------------------------------------------------------------------
Fiat sells jet-set extra - a ski resort
IT WOULD be difficult to find a more fabled symbol of the glamour of the once powerful Agnelli family, the founders of the Fiat empire, than the jet-set ski resort of Sestriere in the Alps.
Gianni Agnelli, the late Fiat patriarch, loved nothing better than to be taken by helicopter from his Turin villa straight to the slopes he owned. He would be dropped at the top of the mountain, already wearing his skis, so that he could ski straight down without the trouble of taking a lift.
But three years after his death, the company has announced that it is selling Sestriere, complete with its state-of-the-art ski lifts and fashionable hotels. Other assets dear to the heart of the Agnelli family may follow.
Sestriere, built by Fiat in 1934, was one of the first ski resorts in Italy. It was developed on mountain meadows and woods acquired by Gianni’s grandfather, Giovanni, the 19th century founder of Fiat.
But Fiat, which after a shaky period of near bankruptcy is returning to profitability by re-focusing on its core automobile business, has decided that Sestriere is surplus to requirements. A contract selling it for a reported €30 million (£21 million) is to be finalised at the end of the month.
“The Agnellis have taken a step that would have been unimaginable even a few years ago,” said Corriere della Sera. Andrea Maria Colarelli, the mayor of Sestriere, said that it marked “the end of an era”.
The family denies it may sell other treasured possessions, such as Juventus FC, currently at the heart of a footballing scandal, or La Stampa, the daily newspaper based in Turin. But the business world is abuzz with reports that Fiat is about to sell its stake in Mediobanca in return for the bank’s 34 per cent stake in Ferrari.
Under Sergio Marchionne, who took over as chief executive after the death of Gianni’s brother, Umberto, in May 2004, the company has shown signs of recovery. Fiat Auto has seen its share of the Italian car market rebound to more than 30 per cent, and has great hopes for the launch of the new Alfa Spider later this month.
-----------------------------------------------------------------------------
AGNELLI: A DISPARATE PORTFOLIO
-Newspapers La Stampa and Corriere della Sera
-Juventus FC
-Fiat, Alfa Romeo, Ferrari, Maserati, Lancia, Iveco and Autobianchi — all vehicle manufacturers
-CNH Global, the agricultural equipment company behind New Holland and Case
-Magnetti Marelli, the vehicle components manufacturer
-The Agnelli family also own Dino Island off the Calabrian coast
-They endowed the Lingotto Gallery in Turin, which includes works by Canaletto, Canova and Matisse
-Fiat sponsors the Jamaican bobsled team
From Richard Owen in Rome
timesonline.co.uk
I don't intend to start another thread about Juve and the scandal.
I want to hear from anybody who have any information about the economic situation of Agnellis as a whole, which will have an effect for sure on Juve...
Here is the article that I've read today:
-----------------------------------------------------------------------------
Fiat sells jet-set extra - a ski resort
IT WOULD be difficult to find a more fabled symbol of the glamour of the once powerful Agnelli family, the founders of the Fiat empire, than the jet-set ski resort of Sestriere in the Alps.
Gianni Agnelli, the late Fiat patriarch, loved nothing better than to be taken by helicopter from his Turin villa straight to the slopes he owned. He would be dropped at the top of the mountain, already wearing his skis, so that he could ski straight down without the trouble of taking a lift.
But three years after his death, the company has announced that it is selling Sestriere, complete with its state-of-the-art ski lifts and fashionable hotels. Other assets dear to the heart of the Agnelli family may follow.
Sestriere, built by Fiat in 1934, was one of the first ski resorts in Italy. It was developed on mountain meadows and woods acquired by Gianni’s grandfather, Giovanni, the 19th century founder of Fiat.
But Fiat, which after a shaky period of near bankruptcy is returning to profitability by re-focusing on its core automobile business, has decided that Sestriere is surplus to requirements. A contract selling it for a reported €30 million (£21 million) is to be finalised at the end of the month.
“The Agnellis have taken a step that would have been unimaginable even a few years ago,” said Corriere della Sera. Andrea Maria Colarelli, the mayor of Sestriere, said that it marked “the end of an era”.
The family denies it may sell other treasured possessions, such as Juventus FC, currently at the heart of a footballing scandal, or La Stampa, the daily newspaper based in Turin. But the business world is abuzz with reports that Fiat is about to sell its stake in Mediobanca in return for the bank’s 34 per cent stake in Ferrari.
Under Sergio Marchionne, who took over as chief executive after the death of Gianni’s brother, Umberto, in May 2004, the company has shown signs of recovery. Fiat Auto has seen its share of the Italian car market rebound to more than 30 per cent, and has great hopes for the launch of the new Alfa Spider later this month.
-----------------------------------------------------------------------------
AGNELLI: A DISPARATE PORTFOLIO
-Newspapers La Stampa and Corriere della Sera
-Juventus FC
-Fiat, Alfa Romeo, Ferrari, Maserati, Lancia, Iveco and Autobianchi — all vehicle manufacturers
-CNH Global, the agricultural equipment company behind New Holland and Case
-Magnetti Marelli, the vehicle components manufacturer
-The Agnelli family also own Dino Island off the Calabrian coast
-They endowed the Lingotto Gallery in Turin, which includes works by Canaletto, Canova and Matisse
-Fiat sponsors the Jamaican bobsled team
From Richard Owen in Rome
timesonline.co.uk
Buy on AliExpress.com