From Israel: Ori Allon acquires 55% of Virtus Bologna

Virtus Bologna, corporate changes in sight. An agreement has been reached with Ori Allon, former owner of Hapoel Jerusalem. Together with some American partners, Allon will take over 55 percent of the shares belonging to the Segafredo group. Ori Allon’s goal would be to sign the deal as soon as possible in order to build the roster for the upcoming EuroLeague season.

According to Sport5, Massimo Zanetti will give up his 55 percent stake in Virtus Bologna and leave the Bologna-based company.