Pisa, Knaster relaunches: capital limit increased to 100 million euros

Pisa, 19 June 2024 – For the Nerazzurri, the Serie A goal is real and its owner Knaster wants to get to the football that counts as soon as possible, but without rushing ahead. The owner of 75% of the shares of Pisa Sporting Club Alexander Knaster has decided to relaunch, in anticipation of new investments. In fact, in the last few hours, with a document dated 9 May 2024 and published in the updated registers of Maltese companies, directly from the offices of Ak Calcio Holdings Limited, Knaster announced the increase in the share capital limit from 50 to 100 million euros: « the authorized share capital of the Company is increased from fifty million euros, divided into fifty million ordinary shares with a nominal value of one euro each, to one hundred million euros divided into one hundred million ordinary shares with a nominal value of one euro”.

What is it about? This is the maximum amount (for the moment) that the share capital of a company can express. This step usually occurs when you are about to make new and important investments that exceed the previous limit (until recently set at 50 million). From the records of the parent company of the Pisa Sporting Club, a company based on the fifth floor of the Marina Business Center of Ta’ million last year. In fact, this year, thanks also to the income from the transfer market, Pisa managed to spend only 10 million euros on the sporting side, reducing costs from the sales of Lucca, Sibilli and Nagy, among others, but not only. However, now on the horizon it seems that the Nerazzurri tycoon is preparing a major injection of funds from Malta.

The transaction was concluded and registered by the secretary Michael Psaila, on behalf of Management&Trust Services, who as trustee and corporate services provider on behalf of Alexander Knaster and was countersigned by the directors of the Ak Calcio company, Stephen Gauci and Lawrence-Steve Briffa. The investments would be intended for the growth of the club, both for the Serie A project and for the sports center and stadium. In this last regard, the words of president Giuseppe Corrado from a few days ago, guest on 50 Canale, evidently not uttered by chance, come to mind: «Once the sports center has started, our project will be able to take off – Corrado said -. We want to acquire the stadium. The Municipality delegates spending opportunities to others and our company is inclined to buy it.”

 
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