Genoa president Enrico Preziosi is on the verge of completing a deal to sell a 50 per cent stake in the Grifone to investor Giovanni Calabro.
Calabro, who founded the holding company Calfin International which operates across various sectors in primarily the Middle East, has struck a deal with the Genoa patron to acquire a stake in the Rossoblu’s parent company, Fingiochi.
“The strengthening of Fingiochi’s capital by Calfin International has been mutually agreed following a number of meetings,” Preziosi announced in an official statement.
“The aims of the operation will be clarified later in a letter of intent.
“This operation will be completed subject to the usual requirements concerning due diligence and the setting out of specific details by contract.”
Investment by Calabro could go a long way to resolving Genoa’s debt problems which the current owners have worked hard to reduce in recent years.
