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Bain Capital ‘makes rival Serie A offer’

Cristiano Ronaldo of Juventus controls the ball during the Serie A match between Juventus and ACF Fiorentina on April 20, 2019 in Turin, Italy. (Photo by Giampiero Sposito/Getty Images)

US investment firm Bain Capital has made "a tentative offer" to buy a 25-per-cent stake in Italian football's Serie A for €3bn ($3.4bn), according to Bloomberg.

Bain is seeking to beat a €2.2bn bid by private equity company CVC Capital Partners, revealed in May.

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