by InTrieste
Europe’s soccer leagues are full of teams owned and operated by American investors, and it came as no surprise when American LBK Capital LLC (together with its affiliates, “LBK Capital” or “we”) announced that it has acquired 100% of the shares of U.S. Triestina Calcio 1918 earlier this week.
Unione Sportiva Triestina Calcio 1918, commonly referred to as Triestina, is an Italian football club based in Trieste. Originally founded in 1918, the club has been re-established several times in its history. As of the 2022–23 season, it plays in Serie C, the third tier of Italian football.
Ben Rosenzweig, managing partner of LBK Ccpital, is to become chairman and president of the club. As the new owner of Triestina, LBK plans to invest across all areas to enhance the Club’s brand, competitive positioning and overall enterprise value. LBK believes the Club’s storied history, passionate supporters and active community involvement collectively represent a valuable foundation to build from.
LBK has partnered with an experienced and proven management team from top clubs throughout Europe. The team will be led by Alex Menta, who is joining as General Manager and will oversee all aspects of club operations. Mr. Menta joins Triestina from Venezia FC, where he was instrumental in its first promotion to Serie A in 19 years while operating with the second lowest budget in Serie B.
