McDermott’s Infrastructure Team Advises on Project Financing of the New Football Arena in Sardinia
ROME (April 25, 2016) – International law firm McDermott Will & Emery advised B Futura, a platform for infrastructure development of the Italian football league, as well as the Cagliari Football Club in connection with the project financing of a new EUR 55m football arena of Cagliari.
The project has been approved by the City Council of the Municipality of Cagliari and is a part of the local urban regeneration programme which is to be completed by 2019/2020. The 21.000-seat new arena will be eligible for the UEFA 4 certification and will therefore be able to host Champions and Europe League matches, as well as European championships and the Olympics.
The McDermott team comprising partner Marco Cerritelli and senior associates Valentina Perrone and Anna Vesco has extensive experience in advising banks, construction companies and public sector authorities in the financing of infrastructure and regeneration projects.
“We are very proud of this achievement”, said Marco Cerritelli. “This tells us that our work in the area of infrastructure, and our capacity to help public and private clients in realising complex projects has been noted and valued by the market. We would like to thank the Italian Football League and B Futura for the trust they placed with us. This is an innovative project which will hopefully inspire other football clubs and local authorities”
McDermott’s Italian project finance team provides a broad range of services to domestic and international clients on all aspects of infrastructure sectors in Italy, Europe and the Middle East. The Firm represents developers, operators and suppliers, as well as private investors and funds, financial institutions, and international brokers and dealers. McDermott is also one of the top providers of legal services to participants in competitive energy trading markets.
About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.