LONDON/FRANKFURT (Reuters) - Italian financier Giulio Gallazzi is seeking binding commitments from a series of hedge funds to finance a proposed takeover of Italy's oldest football club, Genoa CFC, sources familiar with the matter told Reuters.
If successful, the deal, which could be worth more than 120 million euros ($141.07 million), would make Genoa the first club in Italy to be entirely owned by financial investors.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!