The funds, which have dubbed their consortium 'Love for Football', would pay at closing a significant part of the price to Serie A clubs and the league itself, with the rest due over the following three years.
The 'Love for Football' consortium said in the letter that based on a preliminary assessment their offer would value Serie A's media company more than that belonging to Spain's Liga or France's Ligue 1 by applying a higher multiple to core profit.
(Reporting by Elvira Pollina, editing by Valentina Za)
(Fixes typo in 'company' in headline)