Joe Tacopina only lasted 11 months in charge of Bologna. AP Photo

ROME -- After Rome and Bologna, Venice is the latest stop for New York lawyer Joe Tacopina in his Grand Tour of Italian soccer.

Tacopina and a group of American investors announced the purchase of the lagoon city's fourth-division soccer club Venezia FC on Friday.

The move comes less than 20 days after Tacopina resigned as president of Serie A club Bologna because of a rift with Canadian investor Joey Saputo -- having only been in charge there for 11 months.

Tacopina was also formerly on the board of directors at Roma, which in 2011 became the first foreign-owned club in Serie A.

"This is it. This is the final resting stop," Tacopina told The Associated Press by phone after posing for pictures beside Venice's Grand Canal, with gondolas in the background. "This is a big project. It's a long-term project."

The operation cost about €6 million ($6.7 million), Tacopina said.

New York sports lawyer John Goldman and finance manager John Tapinis joined Tacopina in announcing the deal.

James Daniels, the CEO of Connecticut-based High Ridge Brands, is also an investor.

"John and John are on the board," Tacopina said. "There are a couple of others who are partners but silent investors."

Venezia's last appearance in Serie A came in 2001-02. The squad's biggest title was the 1941 Italian Cup.