Sports
Italy’s oldest club, Genoa CFC, to be put up for sale
Italy’s oldest professional football club, Genoa, will be put up for sale, the Serie A outfit said in a statement on Wednesday.
Founded in 1893, the club has been owned by Enrico Preziosi, head of Italy’s largest toy manufacturer, for the last 16 years.
“Genoa Cricket and Football Club announces that a mandate had been given to Assietta S.p.A., a financial advisory firm specialized in corporate finance, as advisor for the sale of the company,” said the statement.
The announcement came with Genoa one point and one place above the Serie A relegation zone with two matches to play.
Preziosi took over in 2003 with the club in Serie B, saw them promoted four years later and has since established them as a top-flight club.
However, it has been far from plain sailing and he has employed 14 coaches during his time in charge, some of them on several occasions.
He has been trying to sell the club for several years amid poor results which have sparked protests by fans.
NAN
-
Metro16 hours ago
Fuel queues: Lagos laments traffic jams, threatens unorganized petrol stations
-
News15 hours ago
African countries frustrate Air Peace with high charges – Onyema
-
News11 hours ago
EFCC boss to pay 17-year-old hacker’s school fees
-
News11 hours ago
Peter Obi replies Umahi, denies inciting southeast against FG
-
News10 hours ago
Nigerians face ‘anointing oil’ price hike amid Olive oil scarcity
-
Economy16 hours ago
FG, workers in agreement on minimum wage increase – Oshiomhole
-
News16 hours ago
2024 UTME results not available on website yet – JAMB
-
News16 hours ago
Obi blames bad road, insecurity as 35 die in Kogi, Enugu