Carlo Rivetti, president of the Italian sportswear brand Stone Island recently acquired by Moncler, has taken complete ownership of Modena FC 2018, a football club based less than 20 kilometers from the brand’s headquarters in Ravarino. The club has been acquired from Kerakoll, its previous owners, via Rivetex, the financial holding company of the Rivetti family. Matteo Rivetti, Carlo’s son, has been named as the new president of the football club. Modena FC 2018, originally founded in 1912, was re-founded in 2018. The club currently competes in Serie C, the third tier of Italian football. The Rivetti family has said in a statement that the takeover is not a manufacturing plan but rather a “personal operation” for the family, totally disconnected from other industrial activities.

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