Cala Corp Acquires Majority Stake in Serie D Club Calcio Lecco 1912

By Community | August 8, 2012

Cala Corp trading under the stock symbol CCAA announced today that the company has purchased 79% of the outstanding shares of Serie D side Calcio Lecco 1912.

Calcio Lecco has been a major Italian soccer club since 1912. However, over the past two decades the club has been owned and managed by amateur operators. Therefore, it is the company’s plan to bring back Calcio Lecco to its glory days by playing in the Italian Premier League known as Serie A. Currently the club plays in the Italian Soccer League fourth division.

However, the company strongly believes that with the right management, it will win its division year after year until reaching the ultimate goal of the Italian Premier League. 

The company’s long-term plan is to build a world-class stadium adjacent to shopping centers, hotels, a convention center, unlimited parking, a class A office building, hospitals, a college and a soccer beach. Currently, three additional clubs are trading in the Italian stock exchange and those clubs are Juventus, Roma  and Lazio.