American group TAG Partners LLC have bought a controlling stake in Serie A new-boys Bologna.

The Americans will own 80 per cent of Bologna FC by July 1 and will acquire the remaining 20 per cent at the end of next season.

Bologna president Alfredo Cazzola will remain and his group Aktiva Spa will still have a say over the direction taken in the boardroom. The new owners have pledged £15 million to new signings this summer.