Unexpected Twist in Genoa’s Ownership Saga: A-Cap Challenges Sale Announcement

Just 24 hours after Genoa’s official statement declaring the club’s ownership transfer to Dan Sucu, the situation has taken a dramatic turn. The validity of the Romanian entrepreneur’s acquisition of Italy’s oldest club is now seriously in question.

A spokesperson for A-Cap, the American insurance company that assumed control of the Rossoblu club following 777 Partners’ exit, made a startling statement to Bloomberg today: “Genoa has issued a statement claiming to have sold the club to an external party, but this is false. This alleged sale was conducted without the knowledge, approval, or signatures of the club’s shareholders and without the club’s shareholder board representatives.”

A-Cap is preparing to contest the situation: “Any attempt to misrepresent Genoa’s status will be vigorously challenged by the club’s shareholders. We regret that the club’s management has wasted time on this unapproved, clandestine operation.”

According to Genoa’s press release issued yesterday around 4:30 PM, Dan Sucu had reportedly secured 77% of the club’s shares through a €40 million payment. However, this claim is now being strongly disputed by A-Cap.