MILAN : Troubled Italian soccer club U.C. Sampdoria said its shareholders have approved a restructuring plan, a move which paves the way for a takeover by Leeds United owner Andrea Radrizzani and his partner Matteo Manfredi.Sampdoria, which has just been relegated from Serie A for the first time in over a
MILAN : Troubled Italian soccer club U.C. Sampdoria said its shareholders have approved a restructuring plan, a move which paves the way for a takeover by Leeds United owner Andrea Radrizzani and his partner Matteo Manfredi.
Sampdoria, which has just been relegated from Serie A for the first time in over a decade, said the deal entails a cash injection of up 40 million euros to shore up the Genoa-based club's finances. Hard-hit by the pandemic, Sampdoria have been for sale for over a year as part of a process aimed at repaying creditors of the club's former chairman and owner, who has been involved in a case of alleged bankruptcy.Radrizzani and Manfredi's proposal won out over a rival bid by Lille's owner Alessandro Barnaba, the club previously said.
Sampdoria enjoyed their heyday in the early 1990s when the Genoa-based club secured their sole national title with a team led by outstanding strike partnership Gianluca Vialli and Roberto Mancini.
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