The Argentine theater producer and entrepreneur hands the club to the Arenacuri group after two years of debt resolution, new infrastructure, renewed ties with supporters and a national U17 title.

PERUGIA, ITALY / ACCESS Newswire / November 12, 2026 / Javier Faroni, the Argentine theater producer and entrepreneur, has completed the transfer of 100 percent of Perugia Calcio to the Arenacuri group. The handover closes an ownership that began on September 7, 2024, when Faroni became the first foreign owner in the club’s history.

Javier Faroni

The first priority of his tenure was the club’s financial health. Perugia settled debts inherited from previous ownership and moved to a transparent footing that allowed for medium- and long-term planning.

The ownership also invested in the club’s facilities and staff. Perugia built new locker rooms, improved access to the pitch and upgraded its offices. The sports staff gained GPS tracking, Veo match cameras, ultrasound equipment for the first team and professional analysis tools for scouting. Through an agreement with the University of Perugia, psychologists and nutritionists joined the club to support player development.

A youth academy that produces players

The youth academy was the standout of the Faroni years. The U15, U16 and U17 teams reached the playoffs in both seasons, the Primavera reached the semifinals in the second season, and the U17 team won the national championship last season. Academy players moved on to clubs including Atalanta, Inter, Lazio, Torino, Parma, Bologna, Empoli, Cremonese and Padova, while several others stepped up to the first team on contracts running through 2029.

Supporters, history and the community

Faroni made rebuilding the relationship with Perugia’s supporters a priority. The club reconnected with figures from its history, including Zé Maria, Marco Materazzi and Fabrizio Ravanelli. On June 9, 2025, more than 7,000 fans filled the Stadio Renato Curi for a celebration with Serse Cosmi and Giovanni Galeone.

The club gave its museum formal legal status, revived its annual Christmas dinner with the Perugia supporters’ clubs, and expanded its social programs. Season tickets for people with disabilities increased, and Perugia formed a team of young players with disabilities that competes in the Italian football federation’s Quarta Categoria.

The club’s media presence grew from 1 million to 24 million total views across its channels, with new international channels including a Japanese YouTube channel. The number of companies sponsoring the club doubled, from about 60 to 120.

“Perugia gave me the privilege of being part of one of Italian football’s great stories,” said Javier Faroni. “Our first responsibility was to put the club on solid ground, and today it stands there. I am proud of the young players coming through the academy, of the bond we rebuilt with the fans and the city, and of the people who did this work every day. I wish the Arenacuri group every success, and I will always follow the Grifo.”

“Our priority through the transition was continuity,” said Hernán García Borrás, general manager of Perugia Calcio. “Every commitment to the players, the staff and our partners was honored until the last day. The new owners receive a club that is organized, modern and ready to grow.”

About Javier Faroni

Javier Faroni is an Argentine theater producer and entrepreneur whose productions run on Buenos Aires’ Corrientes Avenue and tour theaters across Argentina. More information is available at javierfaroni.com.

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SOURCE: Javier Faroni

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