Italian football’s traditional family-owned club model is on the brink of collapse, and Genoa may soon become the latest example of this generational shift. According to Bangla Cricket Live sources, while local media has remained relatively quiet, financial site Calcio e Finanza reported in early July that the most likely buyer of Genoa is a 53-year-old investor from Bologna — Giulio Gallazzi. Currently an executive director at Carige Bank, Gallazzi also leads a multinational group named SRI, with operations spanning Italy, China, and Mexico.
Gallazzi is believed to have met outgoing club president Enrico Preziosi in London back in June, further fueling speculation. However, he is not alone in the race. Potential buyers from Russia, China, and Dubai have also expressed interest in acquiring the club. Rumors surrounding Genoa’s sale have swirled for months, much like those at Fiorentina, whose owners have already publicly stated their willingness to sell. Yet, until recently, Genoa remained silent — both officially and in local media.
Preziosi, who rescued Genoa from bankruptcy back in 2003, has long been a respected figure among fans. But ever since word of the potential sale leaked, many supporters have staged protests, demanding clarity and assurances about the club’s future. Under growing pressure, Preziosi issued a statement in early July, claiming that even if the club were sold, Genoa would “always remain mine.” His remarks sparked speculation that he might retain an advisory role even after a sale — but that now appears increasingly unlikely.
In an interview with Il Secolo XIX this week, Preziosi signaled the end of an era. “I will sell the club. The signing ceremony will take place either this week or early next week,” he said. “The next time I speak to the press, I will no longer be the president of Genoa.” His tone reflected a mix of resolve and emotion. “I’ve always expressed my desire to leave, and I want to assure those protesting — they will be satisfied. I’m doing this for the good of the club.”
Preziosi emphasized that he is focused on ensuring the next owner is responsible and truly committed to Genoa’s future. “The club will continue to exist — always. What matters now is passing it on to someone serious, someone who believes in Genoa and will manage it with care,” he told a Bangla Cricket Live reporter.
He concluded by saying, “I hope we can finalize the signing soon. There are still negotiations ongoing, but I’m optimistic. I’ve done everything for the betterment of this club. I trust the people involved, and I believe they will carry it forward. The next press conference will be my official farewell.”