A significant development is expected today regarding the future of Stadio Luigi Ferraris, as the board of directors of Genova Stadium, a company jointly owned by Genoa and Sampdoria, meets remotely. Calciomercato report how this newly formed entity was created specifically to acquire the Marassi stadium and potentially the adjacent Villa Musso Piantelli.
The board, consisting of Francesco De Gennaro (Sampdoria’s legal head), Andrea Cardinaletti, Flavio Ricciardella (Genoa’s CEO), and Alberto Bosco (Sampdoria’s COO), will finalize the purchase proposal to be presented to Mayor Marco Bucci.
The offer is expected to be around €14 million for the stadium, with an additional €10 million earmarked for renovations. This figure is lower than the €16.578 million base price set by the municipality in 2018, which was already reduced from an initial €18 million valuation.
The board will also discuss financing options, with some members favoring equity financing involving additional investors, while others prefer debt financing. Both clubs are prepared to fund the investment independently if necessary.
Genova Stadium, a limited liability company, was initially created by Genoa in April, with Sampdoria joining as an equal partner in September. The company’s capital was increased from €10,000 to €20,000, with Sampdoria matching Genoa’s initial investment and expenses.
Mayor Bucci is reportedly pressuring the clubs to submit their offer by Monday, ahead of a visit by Sports Minister Andrea Abodi on Wednesday. This timing is crucial for Genoa’s bid to be considered as a host city for Euro 2032, which has been awarded to Italy and Turkey. A ready proposal for the stadium would strengthen Genoa’s position among the ten Italian cities vying to host matches.
