It’s reported Genoa President Enrico Preziosi has sold around 50 per cent of the club to Giovanni Calabrò.
The patron has been in negotiations to sell a stake in the Grifone for several weeks, but it later emerged that Calabrò had been sentenced to six years and four months imprisonment for bankrupting the company Algol.
The court in Monza found that Calabrò had employed his Kurdish friend Mario Saeed to act as a fake Sheikh with oil money from Dubai, in order to impress investors and strip the company of its assets.
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