Claudio Lotito has repeatedly and emphatically denied any intention to sell Lazio, most recently in June 2026 when he and the club issued statements rejecting takeover rumors and negotiations with potential buyers, including reported interest from JPMorgan-linked groups. His acquisition of Serie D side Reggina earlier that year signals continued involvement in Italian football rather than divestment from the Biancocelesti, whom he has owned since 2004. Ongoing fan protests and boycotts over stadium and performance issues have not altered his public stance that the club remains an emotional priority. These consistent rejections of sale talks underpin the 67.5% implied probability on “No,” reflecting trader consensus that ownership stability will hold through the year absent major new developments.