Italy's Berlusconi family sells Monza to U.S-based fund Beckett Layne
Italia
Edition: Singapore Indonesia Asia US/UK MILAN :The Berlusconi family has agreed to sell soccer club AC Monza to U.S.-based investment firm Beckett Layne Ventures, it said in a statement on Tuesday, marking the end of an era for one of the big backers of the sport in Italy. The deal values the club, relegated from Serie A last season, at about 45 million euros ($53 million) including debt, according to a source with knowledge of the matter. The sale signals the Berlusconi family's retreat from
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