And Sucua Romanian entrepreneur, is the new majority shareholder of Genoa. As anticipated in recent days by Republic, it is he who subscribes to the capital increase, and the rossoblù company itself communicates it with an official note. The statement reads: «The Genoa Cricket and Football Club announces that, following the resolution of a capital increase equal to 45,356,262 euros, of which 5,356,262 euros free of charge and another 40,000,000 euros paid on December 14th, today the Board of Directors met and approved the offer presented by Romanian entrepreneur Dan Sucu.
The Romanian entrepreneur, through his own investment vehicle, fully subscribed to the capital increase, obtaining in exchange a share capital share of around 77% of Genoa CFC, leaving the previous shareholders in the minority. Sucu is a prominent figure in the international economic scene and president of the Confederatia Patronala Concordia, the equivalent of Confindustria in Romania. The proposal, structured and highly strategic, will allow the capital increase to be fully subscribed, providing the club with the resources necessary to strengthen its sporting ambitions.
Born in Bucharest on April 25, 1963, Sucu is best known as the founder of Mobexpertthe largest furniture brand in Romania with over 2,200 employees. In addition to its leadership in the furniture sector, Sucu is a leading investor in the real estate sector and from 2022 also in the media sector, with a key role in the business daily Ziarul Financiar. Sports enthusiast and former owner of the football club Fast Bucharest (of which he holds 90% of the shares), Dan Sucu has contributed to relaunching a reality with over 100 years of history, investing in the development of modern infrastructures and in the youth academy, which today has around 700 young athletes. Its approach is oriented towards enhancing football as a social tool, with the aim of involving thousands of children in sport and promoting the values of inclusion and personal growth. The change of majority represents a new chapter for the oldest club in Italy, with the hope that Dan Sucu’s entry will bring economic stability and new investments for the strengthening of the team and infrastructure.
Genoa thanks its fans for their constant support and looks to the future with confidence, certain that this new phase will consolidate the prestige and satisfaction that the Club deserves.”
The new shareholder
“It is an honor and a great responsibility to become a key shareholder of Genoa CFC.
Managing a football club means not limiting yourself only to business-related aspects. It is an activity that requires a genuine passion for this sport and a commitment towards the community of fans who live for these colours”. Dan Sucu, new majority shareholder of Genoa, introduces himself to his followers through the social channels of the rossoblù club. new fans and immediately explains his program.
“I wish among the programmatic points to start a successful collaboration between Genoa and some Eastern European clubs, including Rapid Bucharest. We will certainly see young Italian footballers start their careers in these clubs, playing not only in the national reference, but also in European cups and competitions. At the same time, some of the best talents from these countries will have the opportunity to play, with the Genoa shirt, in one of the most important championships in the world such as the Italian one” explained Sucu who then sent a message to his new ones fans.
“My life and my professional career have taught me that the most important results are achieved with teamwork at every level. This makes me understand the importance of the involvement of fans in the life of the club and how important it is for them to see sporting results up to expectations. In addition to the fans, I see many young people working in the management of the club, and this makes me very happy. Even though I am over 60, I believe I can contribute, with my experience and my energy , to achieve great goals together Dear Genoans, I don’t see can’t wait to see you at the stadium and come on Genoa” concluded the new owner of the oldest club in Italy who will be co-opted into the Board of Directors in the next few days.
The reactions
“The arrival of Dan Sucu as the new majority shareholder of Genoa CFC marks an important stage for the oldest club in Italy and for Ligurian football. It is an opportunity to consolidate the link between the football history of our region and the prospects for future growth. I wish the new ownership good work, with the hope of an ambitious project that paves the way for lasting successes for the company.” Thus the president of the Liguria Region Marco Bucci. “Genoa is not just a football team: it is an integral part of the history and identity of Liguria, a symbol of the passion of its fans and a precious resource for the economic and employment fabric of our territory – continues the president – Furthermore, represents an extraordinary vehicle for promoting Genoa and Liguria on the national and international scene”.
“Genoa is one of the historic clubs in the Italian football scene and professional sport has important economic repercussions on the Liguria area: for these reasons, the arrival of Dan Sucu is good news not only for Genoa, but for the entire region – adds the Sports councilor Simona Ferro. – I hope that the majority transition can immediately begin a new and important chapter in the life of this club.”
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