Troubled Italian soccer membership Sampdoria mentioned its shareholders have permitted a restructuring plan, a transfer which paves the way in which for a takeover by Leeds United proprietor Andrea Radrizzani and his companion Matteo Manfredi.
Sampdoria, which was relegated from Serie A this season for the primary time in over a decade, mentioned the deal entails a money injection of as much as 40 million euros (44 million USD) to shore up the Genoa-based membership’s funds.
To finalise the takeover, the restructuring plan wants remaining approval from the membership’s collectors, a supply near the matter mentioned, including that talks with them have been ongoing.
Hard-hit by the pandemic, Sampdoria has been on the market for over a 12 months as a part of a course of aimed toward repaying collectors of former chairman and proprietor Massimo Ferrero, who has been concerned in a case of alleged chapter.
A trustee has been taking care of the sale course of, with Lazard appearing as advisor.
Radrizzani and Manfredi’s proposal gained out over a rival bid by Lille’s proprietor Alessandro Barnaba, the membership beforehand mentioned.
Sampdoria loved their heyday within the early Nineties when the Genoese membership secured their sole nationwide title with a staff led by the excellent attacking pair Gianluca Vialli and Roberto Mancini, often known as “the goal twins.”
Leeds United additionally suffered relegation from England’s Premier League final weekend.
