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SBD Global/June 12, 2014/Franchises

Serie A Side Cagliari Sold To Italian Chemical Company Fluorsid Group For $61M

League Championship club Leeds United Owner Massimo Cellino has sold Serie A side Cagliari to Italian company Fluorsid Group, according to the PA. Fluorsid, a chemical company based in Cagliari and owned by the Giulini family, "has acquired a 100% stake of the Sardinia football club" for a reported €45M ($61M). A statement from the club said, "Today a contract has been signed for the sale of the 100% stake of Cagliari Calcio to Fluorsid Group" (PA, 6/11).
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