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American investor Tim Leiweke reportedly in talks to buy Croatian club Rijeka
๐Ÿ‡ญ๐Ÿ‡ท Croatia /Sports

American investor Tim Leiweke reportedly in talks to buy Croatian club Rijeka

From Veฤernji List · () Croatian

Translated from Croatian and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified Ongoing story
  • American businessman Tim Leiweke is reportedly in talks to acquire Croatian football club Rijeka.
  • Leiweke, who owns Italian club Venezia, visited Croatia and his associates met with club representatives.
  • The potential acquisition could lead to significant development plans for the club, including a new stadium.

Rijeka, a Croatian football club, may soon have a new owner as American businessman Tim Leiweke is reportedly in negotiations to acquire the team. Leiweke, who also owns the Italian club Venezia, recently visited Croatia with his associates, sparking speculation about a potential takeover.

Sources suggest that Leiweke's representatives have been in discussions regarding the purchase of Rijeka. While the club remains officially for sale, no agreement has been reached, and the potential transaction value is unknown. The process is ongoing, with the potential buyer conducting a thorough review of the club's finances and operations.

Further fueling the acquisition rumors, Filippo Antonelli, sports director of Venezia, was seen attending Rijeka's match against Midtjylland. This presence strengthens the connection between Leiweke's interests and the Croatian club.

Leiweke brings extensive experience in both sports business and large-scale infrastructure projects. This background could be particularly relevant for Rijeka, as potential plans might include the construction of a new stadium at the Kantrida site, signaling a significant development beyond just a change in ownership.

Rijeka's current owner, Damir Miลกkoviฤ‡, has expressed openness to selling the club in the past, with previous negotiations with interested investors not leading to a final deal. However, the current situation appears more concrete due to Leiweke's personal visit and his team's engagement.

About this summary

Originally published by Veฤernji List in Croatian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.