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Rocco Commisso, Cosmos Owner, Buys Italy’s Fiorentina

Seth Wenig/Associated Press

Rocco B. Commisso, the billionaire chairman of the cable provider Mediacom, is the new owner of Italian soccer club A.C.F. Fiorentina in a deal he described as the “quickest closing in soccer history.”

Commisso, who was born in southern Italy but moved to the United States when he was 12, said in an interview Thursday that the deal was completed within three weeks of his signing a letter of intent to acquire the Florence-based team, which only avoided relegation to the second division on the final day of the Serie A season.

“There’s going to be a tremendous amount of effort, work, passion and money all going to be put in to make sure we have a better season than we had last year,” Commisso said.