Andrea Radrizzani, the Chairman of Leeds United, has reached an agreement with Massimo Ferrero, the current owner of Sampdoria, bringing him one step closer to owning the Italian club.
Radrizzani and his business partner Matteo Manfredi, with financial support from Qatar Sports Investments, have been working diligently to finalize the purchase of Sampdoria, which is facing financial difficulties and owes significant unpaid wages to its players and staff.
As part of the deal, Radrizzani and Manfredi have pledged an immediate investment of €10-12 million, with an additional €30 million in capital increase.
The acquisition faced a setback when Ferrero initially rejected the proposal. However, after a recent meeting, Radrizzani expressed his joy at completing the acquisition, ensuring the preservation of Sampdoria's history and legacy.
The exact implications of the takeover on Radrizzani and the club are yet to be determined. Sampdoria's players have experienced delayed salary payments, and the club will start the upcoming Serie B season with a four-point deduction.
.@sampdoria, il comunicato di #Manfredi e #Radrizzani https://t.co/L4iNYupmZP
— Gianluca Di Marzio (@DiMarzio) May 30, 2023
It remains to be seen what a Sampdoria takeover means for Andrea Radrizzani. The Italian club players haven’t been paid their salaries on time and the club will start with a four-point deduction in Serie B next season.
