NEWS
Wednesday November 28 2018
Ferrero has assets seized

Sampdoria owner Massimo Ferrero has had some of his assets seized after being caught up in an investigation into financial crimes.

Reports on Wednesday morning claimed Italy’s financial police had seized ‘over €200,000’ of Ferrero’s assets, as well as ‘valuable’ property in Florence belonging to him.

They explain the movie mogul is part of an investigation headed by the Special Unit of the Currency Police into alleged fraud, embezzlement, false invoices and money laundering.

ANSA, in particular, writes how €1.2m ‘disappeared’ from the deal that took ex-Samp midfielder Pedro Obiang to West Ham United three years ago.

Ferrero is not the only person involved in the case as Sport Mediaset states there are five other suspects, who have had ‘more than €2m’ seized.

The 67-year-old purchased Samp in the summer of 2014 and has established the Blucerchiati as a Serie A club.

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