Foto

Italy's oldest football club Genoa to be put up for sale - Sports News

Italy's oldest football club Genoa to be put up for sale Italy's oldest football club Genoa to be put up for sale Club owner Enrico Preziosi has been trying to sell Genoa for several years amid poor results which have sparked protests by the fans advertisement UPDATED: May 15, 2019 16:04 IST Genoa, Italy's oldest professional football club, will be put up for sale (Twitter: @genoacfc) HIGHLIGHTS Founded in 1893, the club has been owned by Enrico Preziosi, head of Italy’s largest toy manufacturer Preziosi took over in 2003 and has since established them as a top-flight club The announcement came with Genoa one point and one place above the Serie A relegation zone

Genoa, Italy's oldest professional football club, will be put up for sale, the Serie A outfit said in a statement.

Founded in 1893, the club has been owned by Enrico Preziosi, head of Italy’s largest toy manufacturer, for the last 16 years.

"Genoa Cricket and Football Club announces that a mandate had been given to Assietta S.p.A., a financial advisory firm specialised in corporate finance, as advisor for the sale of the company," said the statement.

The announcement came with Genoa one point and one place above the Serie A relegation zone with two matches to play.

Preziosi took over in 2003 with the club in Serie B, saw them promoted four years later and has since established them as a top-flight club.

However, it has been far from plain sailing and he has employed 14 coaches during his time in charge, some of them on several occasions.

He has been trying to sell the club for several years amid poor results which have sparked protests by the fans.