Businessman Dan Șucu Becomes Majority Owner of Italian Club Genoa

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“Genoa Cricket and Football Club announces that, following the decision regarding the capital increase of 45,356,262 euros, of which 5,356,262 euros free of charge and another 40,000,000 euros paid on December 14, the Board of Directors met today and approved the offer presented by the Romanian entrepreneur Dan Şucu. The Romanian entrepreneur, through his own investment vehicle, fully subscribed to the capital increase, obtaining in return a stake of approximately 77% in Genoa CFC, leaving the previous shareholders in a minority”, states a statement on the Genoa club website.
“The proposal, structured and highly strategic, will allow the capital increase to be fully subscribed, providing the club with the necessary resources to consolidate its sporting ambitions. The change of majority shareholder represents a new chapter for the oldest club in Italy, with the hope that the entry of Dan Şucu will bring economic stability and new investments to strengthen the team and infrastructure. Genoa thanks its fans for their constant support and looks to the future with confidence, certain that this new stage will consolidate the prestige and satisfaction that the club deserves”, the statement added.
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