In an interview with Front Office Sports last June, Ted Leonsis—whose Monumental Sports & Entertainment houses an NHL, NBA, and WNBA team—talked up the advantage of having a portfolio of multiple teams: “Don’t sell short these conglomerates.” Matt Rizzetta appears to agree.
The 42-year-old Italian American investor on Thursday launched Underdog Global Partners, a corporate entity to house his sports assets. Those are Napoli Basketball, which plays in Italy’s top league; Campobasso, which plays in Italy’s third-highest division of soccer; Donna Roma, an Italian women’s soccer team that plays in the country’s second-highest level; and his latest investment, CPL Quebec, an expansion men’s soccer team that will play in the Canadian Premier League.
