Story Summary
Hockey Club Lugano SA, which runs the club’s professional operations, has reported a CHF 193,350 loss for the 2025-26 financial year. The result came on revenue of CHF 22.27 million and costs of CHF 21.97 million.
The financial year also completed a major restructuring programme at HCL SA, including a capital increase and two reductions in share capital over several seasons. At the General Meeting, Vicky Mantegazza was re-elected president of the HCL SA Board of Directors.
Fabio Regazzi remains vice-president, with Andy Näser, Sascha Schlub, Stephan Lichtsteiner and Massimo Pedrazzini also re-elected to the board. In a separate vote, the Hockey Club Lugano association, which is responsible for the youth section, elected Gabriele Zanzi as president.
Key Facts
- Hockey Club Lugano SA recorded CHF 22.27 million in revenue in 2025-26.
- Its costs for the financial year totalled CHF 21.97 million.
- After all expenses, HCL SA posted a CHF 193,350 loss.
- The 2025-26 financial year completed HCL SA’s restructuring programme, which included a capital increase and two share-capital reductions over several seasons.
- Vicky Mantegazza was re-elected president of the HCL SA Board of Directors.
- Fabio Regazzi was re-elected vice-president, while Andy Näser, Sascha Schlub, Stephan Lichtsteiner and Massimo Pedrazzini were re-elected as board members.
- Gabriele Zanzi was elected president of the Hockey Club Lugano association, the legal entity responsible for the youth section.
- Zanzi succeeds Felice Pellegrini, who had served as association president since 2012 and remains on its Executive Committee.
IHM Discussion
The announcements concern two distinct parts of Lugano’s structure. HCL SA oversees the professional operation and has disclosed its 2025-26 accounts, while the Hockey Club Lugano association is responsible for the youth section and has made its own presidential change.
The re-election of the HCL SA board gives continuity at the company level as the restructuring process reaches completion. Mantegazza remains president, with the rest of the listed board retaining their positions. At association level, Zanzi takes over from Pellegrini after a long presidency, although Pellegrini will continue to serve on the Executive Committee.
Why It Matters
Lugano’s financial result provides a clear view of the professional operation’s latest reported year: substantial revenue and costs were followed by a loss of CHF 193,350. The completion of the restructuring is a significant organisational milestone for HCL SA.
The governance decisions also maintain continuity around the professional club while formally changing the leadership of the entity responsible for its youth section. Keeping those responsibilities distinct is important when assessing how the club is organised.
Mini Q&A
What loss did Hockey Club Lugano SA report for 2025-26?
Hockey Club Lugano SA reported a CHF 193,350 loss after all expenses for the 2025-26 financial year.
Who remains president of the HCL SA Board of Directors?
Vicky Mantegazza was re-elected as president of the HCL SA Board of Directors.
Who is the new president of the Hockey Club Lugano association?
Gabriele Zanzi was elected president of the Hockey Club Lugano association, succeeding Felice Pellegrini.