Relegated to Italian Serie B, Sampdoria Genoa is on the verge of bankruptcy

A pig’s head deposited in front of the headquarters of Sampdoria in Genoa, accompanied by an unequivocal message for the leaders: “The next heads will be yours. » That was in February and since then the situation has only gotten worse. Officially relegated to Serie B since this week, the Ligurian club could experience an even more disastrous end to the season. The approximately 100 million euros in debt, witnesses of the disastrous management of the owner Mimo Ferrero, place the institution on the verge of bankruptcy.

A president in the eye of the storm

In charge since 2015, the whimsical boss of Samp, film producer and Romanista at heart, is in the eye of the storm. Fans demand his head and his public appearances are rare. The 71-year-old man was arrested in 2021 for bankruptcy of his companies. He had to resign from the presidency, but kept control. However, he could have got rid of a situation that had become heavy for him.

Not long ago, there was no shortage of acquisition candidates. Former idol Gianluca Vialli had positioned himself. But he died on January 6. A member of the royal family of Qatar had also expressed his interest. Without success. Mimo Ferrero was keen to keep his property every time. The possible bankruptcy of Sampdoria could recall the administrative demotion of Parma to Serie D (level 4), which took place eight years ago (the overall debt was then €200m).

The ultras placed a pig's head in front of the headquarters of the Genoese club.  (Twitter)

The ultras placed a pig’s head in front of the headquarters of the Genoese club. (Twitter)

Parma had achieved the feat of going back to Serie A in three years and three accessions. A historic club, Sampdoria won the Scudetto in 1991 (with Vialli), delighted with the Milanese, Turinese and Neapolitan giants and had reached the C1 final the following year (lost at Wembley against Johan Cruyff’s Barça).

A player threatened with death by the ultras had to leave the country

If the Samp finds itself in the or today, the start of the season should have served as a wake-up call. A truncated preparation, a vital reduction in the wage bill and a single victory until the World Cup. The replacement of coach Marco Giampaolo by Dejan Stankovic did not change anything: 3 wins for 23 defeats in total.

Threatened with death by the ultras after offering his jersey to a small fan of Fiorentina (club he is to join next season) following a 0-5 rout against Viola, Moroccan international midfielder Abdelhamid Sabiri is returned to live in Germany.

In search of a buyer, the blucerchiata club sees its future dashed, even if the board of directors tries by all means to pay off the debts. A candidate emerges in the eyes of the Italian press: Alessandro Barnaba, one of the two shareholders of Lille via Merlyn Partners. What to save the club, avoid a Parma-style descent into hell, and at least stay in Serie B to face the neighbor of Genoa in the lantern derby? That’s already failed. Second in the standings, Genoa will return to the elite of Italian football in 2023-2024.

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