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Celtics Co-Owner Stephen Pagliuca-Led Group Purchases Part of Serie A Club Atalanta

Boston Celtics co-owner Stephen Pagliuca is among the American investors who've purchased a 55-percent ownership stake in Italian soccer club Atalanta.

Susy Campanale of Football Italia reported Saturday the agreement allows the Percassi family to remain the single largest shareholder with its 45-percent stake.

"Antonio and Luca Percassi will retain their respective roles of chairman and CEO of the club, while Stephen Pagliuca will be appointed co-chairman of the club," the Serie A team said in a statement.

This article will be updated to provide more information on this story as it becomes available.