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Thursday briefing: Genoa takeover agreed: Rapid Bucharest owner Dan Şucu acquires 77 per cent stake

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19 December 2024 - 4:30 AM

Genoa have announced that Rapid Bucharest owner Dan Şucu is to take over the Serie A club after the Romanian businessman agreed to subscribe to the €40 million capital increase proposed by the club.

In a statement, Genoa confirmed that Şucu has agreed to buy a 77 per cent stake in the club and that previous owners 777 Partners will remain as minority shareholders.

Genoa said: “The proposal, structured and highly strategic, will allow the capital increase to be fully subscribed,

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