[4] The son of Antongiulio Cobolli Gigli, he was born in Albese con Cassano, province of Como, in the Lombardy region, in 1945.

He was a pupil of the Vittorio Veneto liceo scientifico [it] in Milan; in the same city, Cobolli Gigli graduated in economics and commerce at the Bocconi University.

[nb 2] Several observers allege that Calciopoli and its aftermath were a dispute within Juventus and between the club's owners, who put Cobolli Gigli in charge, favoured Elkann over Agnelli as chairman, and wanted to get rid of Luciano Moggi, Antonio Giraudo,[27][28] and Roberto Bettega, whose shares in the club increased,[29] Whatever their intentions, it is argued they condemned Juventus, firstly when Carlo Zaccone, the club's lawyer,[30] agreed for relegation to Serie B and point-deduction,[nb 3] and secondly when Luca Cordero di Montezemolo controversially retired the club's appeal to the Regional Administrative Court [it] (TAR) of Lazio,[26][nb 4] for which then FIFA president Sepp Blatter thanked Montezemolo, and that could have cleared the club's name and avoid relegation,[34][35] after FIFA and UEFA threatened to suspend the Italian Football Federation (FIGC) from international play.

[36][37][38] In September 2006, Cobolli Gigli took a U-turn from his previous statements,[39][40] and led the moderate line to have the club controversially renounce the TAR's appeal; then CONI president Gianni Petrucci thanked Elkann and Montezemolo.

[47][48][nb 7] The initial view was that Juventus were the main culprit,[50] and referees, Inter Milan, and other clubs the victims.

[63][nb 9] In May 2018, he said that Inter Milan "deserved to be punished" for Calciopoli, and expressed regrets for the sporting trials, about which he said: "We were demoted to play the 2006–07 season in Serie B and accepted the ruling.

Certain pieces of evidence were ignored, actually it's more accurate to say hidden, and the existence of other telephone wiretaps regarding different clubs wasn't made known at the time.

[68][69][70] About the capital gains scandal of the 2020s,[71][72] which led to Agnelli's resignation, about which Cobolli Gigli said was forced,[73] he cited the Calciopoli unequal treatment and criticized the fact that only Juventus were punished.