Saturday December 14 2013
Preziosi 'lost €140m on Genoa'

Genoa President Enrico Preziosi claims he “lost €140m” by investing in football and must sell some star players.

“Over the last few years I have lost €140m and in a period of financial crisis in the country I am even ashamed to admit it,” toy tycoon Preziosi told La Gazzetta dello Sport.

“It was my money and I spent it for the good of Genoa. However, the time has come for a change of approach. In the next two years we’ll try to balance the books and to do that there have to be some sacrifices.

“When the big clubs enter the fray, it’s difficult to keep up with them. Don’t forget Diego Milito earned €1m per season with us and €5m at Inter.”

Preziosi is eager to reassure fans that goalkeeper Mattia Perin and striker Alberto Gilardino won’t be the ones making a January exit.

“Perin has qualities that are beyond the norm and will be the Italy goalkeeper for the next 15 years. I don’t think he wants to leave Genoa next season. Meanwhile, Gilardino is a great example of professionalism and hard work.”

The Genoa President also warned the financial problems of Serie A sides lie in their stadiums.

“We are behind the Bundesliga and Premier League in that respect, there’s no doubt. I too would love a stadium with a club museum, restaurants and other attractions. In Italy the stadium is used for 90 minutes once every 14 days and that is it.”

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