777 Partners, former owner of Standard, has also withdrawn from Italian Serie A club Genoa.
Farewell 777 Partners. A few weeks ago, after Standard de Liège, it was the Genoa club which saw the American company withdraw (read HERE). This Wednesday, the Genoa club – where the Red Devil plays Koni De Winter – announced its takeover by And SucuRomanian businessmen. He is also the owner of Rapid Bucharest.
“The Genoa Cricket and Football Club announces that, following the resolution of a capital increase in the amount of 45,356,262 euros, including 5,356,262 euros free and 40,000,000 euros paid on December 14, the board of administration met today and approved the offer presented by the Romanian entrepreneur Dan Șucu”, explains the press release.
“The Romanian entrepreneur (…) fully subscribed to the capital increase, obtaining in exchange a stake of approximately 77% in Genoa CFC, leaving the previous shareholders in the minority.”
“The structured and highly strategic proposal will allow the capital increase to be fully subscribed, providing the club with the necessary resources to strengthen its sporting ambitions,” said Genoa, who hopes to return to the forefront after years complicated.
“The change in majority ownership represents a new chapter for Italy’s oldest club, with the hope that Dan Șucu’s entry will bring economic stability and new investments to strengthen the team and infrastructure.”
