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Published

Italy's oldest soccer club Genoa taken over by Romanian businessman Dan Șucu

  • Romanian businessman Dan Șucu has acquired a majority stake in Genoa, the Italian Serie A club, signaling a change of ownership from U.S. Private equity firm 777 Partners.
  • Dan Șucu controls 77% of Genoa after underwriting a capital hike of around 45 million euros .
  • Genoa's new ownership is expected to bring economic stability and new investments to strengthen the team and infrastructure, according to the club.
  • Genoa, established in 1893, is Italy's oldest soccer club and currently sits 13th in the 20-team Serie A, two points above the relegation zone.
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Bias Distribution

  • 40% of the sources are Center, 40% of the sources lean Right
40% Center
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