Genoa for sale: Preziosi asks for €150m by mid-September?
The negotiations for the sale of Genoa continues and Enrico Preziosi reportedly intends to close a deal worth €150m by mid-September.
The current majority shareholder and President of the Grifone intends to sell the club by mid-September, according to Il Sole 24 Ore.
Preziosi reportedly requests €150m to part ways with the Rossoblu, an evaluation resulting from a comparison with past transactions, including the Fiorentina take-over by American tycoon Rocco Commisso.
The newspaper claims Preziosi aims to keep a stake and stay at the club for three years, representing the Rossoblu in the Lega Serie A.
The US financial group 777 Partners entered the discussion three months ago, after many talks with other groups.
Genoa will potentially become the second football club of 777 Partners, but the first being the majority shareholder, as they hold six per cent of the shares in Sevilla.
The fund intends to have full control in Genoa and if all goes to plan the American presence in Italian football will increase.
Milan, Roma, Venezia, Spezia and Fiorentina have American owners in Serie A, while Bologna are run by Canadians. The list of American run clubs continues in Serie B with Parma, SPAL and Como.