Joseph Portelli Completes Takeover of Italian Football Club
· Updated
In brief
- Gozitan construction magnate Joseph Portelli has officially completed his acquisition of Italian football club Ars et Labor Ferrara.
- Portelli, who also serves as the president of Ħamrun Spartans, finalised the deal in Rome.
- The takeover was conducted through JP Football Holdings Ltd, fulfilling Portelli's long-held ambition to own an Italian club.
Joseph Portelli, the prominent Gozitan construction magnate and current president of Ħamrun Spartans, has officially completed his acquisition of the Italian football club Ars et Labor Ferrara.
The takeover, a long-held ambition for Portelli, was finalised today in Rome. The acquisition was made through JP Football Holdings Ltd, following an agreement with the club's previous owners, Juan Martin Molinari and Andres Adolfo Marengo.
Newsbook reported on the completion of the deal, highlighting Portelli's dual role as a businessman and football club president. Lovin Malta also covered the story, providing details on the finalisation of the acquisition and the entities involved.
This move marks a significant step for Portelli into Italian football, expanding his involvement beyond Maltese shores.
The Spin Room
Low media divide. Both Newsbook and Lovin Malta reported the acquisition factually, with no notable differences in framing.
Updates
- : Updated with reporting from NET News and The Malta Independent, confirming the acquisition of the Italian club formerly known as SPAL.