Discover the SportAccord Summit sessions!
31 Jan 2024 23:49
Genoa are in talks with Chinese investors looking to buy shares in the club ahead of next season.
The Grifone finished sixth in Serie A last season, a position which should have been enough to secure them a place in the Europa League qualifiers, but the club’s failure to obtain a UEFA licence means they will be deprived of any European football next season.
Club president Enrico Preziosi is already looking to return the club to their previous heights after appeals to obtain the licence were rejected and he is now courting new investment.
Sky Sport Italia reports that talks are already underway with Chinese investors to sell a partial stake in the club, thought to be around 30 per cent, which would significantly strengthen the Rossoblu’s financial muscle as they look to compete at the top end of Serie A.
Preziosi has been president of Genoa since purchasing the club in 2003.
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
LeSports invest RMB 100m in smart fitness startup
04 May 2016
Parent company of Kappa invests 20m Yuan in Huayi Sports
26 Apr 2017
West Brom's £150 million Chinese takeover confirmed
06 Jul 2015
United Vansen to close acquisition of ADO Den Haag FC
20 Jan 2015
CMC put heavy investment in SoccerWorld
23 Mar 2016
More from Yutang Sports
SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024
SportAccord Media Partners will ensure global audiences are primed with latest news in sport
02 Mar 2024
Ingmar De Vos elected as the next ASOIF President
10 Apr 2024
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
SportAccord scores Summit touchdown with NFL
18 Jan 2024
Yutang Sports
loading...