Budget of Genoa approved unanimously. Halved the loss of the balance sheet to December 23 which goes from the red of 62 million in the previous budget to 32 million currently.
Net worth goes from 5.4 million to around 13 million. Another 40 million from the reference shareholder 777 Partners, while with the tax transaction the revenues exceed 100 million. and operating costs drop by 11 million.
The CEO Blazquez and the general manager Flavio Ricciardella they have
underlined that revenues from merchandising now rise to 4 million
and sponsorships at 12 million. Blazquez on the stadium: “We continue to work for the new company with the municipality and Sampdoria. Tables were set up with deputy mayor Picciocchi. Productive dialogue, few things are missing for the shared project. The project was developed by Genoa with its resources – explains Blazquez – hoping to achieve governance over the newco for Ferraris”. On the UEFA licence: “We are in progress, there are further requirements to be done by the end of the month, we will evaluate whether to proceed or renounce the release to complete bureaucratic steps,
especially relating to structural criteria”.
