Fight Erupts Over Who Really Owns Italy’s Oldest Football Club
- Genoa CFC says Romanian investor Dan Sucu now owns about 77%
- New York investor A-Cap says it still owns Serie A club
Genoa CFC players applaud fans during a match at Stadio Renato Dall'Ara in Bologna, Italy, on Jan. 5.
Photographer: Alessandro Sabattini/Getty ImagesThis article is for subscribers only.
Romanian investor Dan Sucu realized what is, for many, a dream come true: owning a historic Italian football team.
He holds a roughly 77% stake in Genoa Cricket & Football Club after subscribing to a €45 million ($46.8 million) capital increase, according to a statement on the club’s website published Wednesday. Sucu already owns Rapid Bucharest football club and is the founder of a furniture brand.