By Daily sports on April 16, 2021
Seven Serie A clubs have submitted a written request for league president Paolo Dal Pino to resign over issues including his management of plans to sell a stake in the league's media business.
Inter Milan, Juventus, Napoli, Lazio, Atalanta, Hellas Verona and Fiorentina jointly signed the letter, seen by Reuters.
An official at one of the seven clubs said the move was down to several issues, including disagreement over plans to sell a 10 per cent stake in Serie A's media business to a consortium of private equity investors including CVC Capital Partners, Advent International and Italian fund FSI.
Serie A and Dal Pino declined to comment.
The letter from the seven clubs explains that their complaint comes “following various objections raised by us regarding your conduct as president of Serie A”.
The clubs write that they felt a “firm and urgent need to demonstrate to you our irrevocable no confidence with regards to your role, conduct and management of the league to which we belong and that we represent.”
For Dal Pino to be forced out, 14 of the 20 Serie A clubs would have to vote for his removal.
Serie A agreed in October to enter exclusive talks with a consortium of private investors, which offered €1.7 billion for a 10 per cent stake in a newly-created unit that would manage the league’s media business.
The deal would also need approval from 14 clubs, but the same group of seven wrote a letter to Dal Pino in February saying that “as things stand, this development opportunity is not viable anymore”.
The move effectively blocked the deal, with some clubs having reservations despite a sharp decline in revenues caused by stadiums having to close their doors to fans during the Covid-19 pandemic. (Reuters)
•PHOTO: Paolo Dal Pino
Source Daily sports
Posted April 16, 2021
You may also like...
My Experience With Coronavirus: Arteta
Joshua to light 2025 NSF torch
Man City target perfect 10, Villa’s rise meets...
2016 Rio Olympics: Committee targets $22 billion foreign...
Ronaldo Penalties Salvage Draw For Juve Against Atalanta...
Anichebe announces West Brom departure
Aribo ready to fight for EPL survival
Adesanya vows to make UFC return after third straight loss
We Apologize To Our Father Dr Peter Odili On Behalf Of His Children Who Have Gone Astray – Edison Ehie
Aston Villa closing in on Rashford loan deal
Adesanya aims for comeback as UFC lands in Saudi
Alonso delighted with Boniface stay
EPL: Wood’s hat-trick fires Nottingham Forest to 7-0 thrashing of Brighton
PDP Governors Announce Date For Party’s NEC Meeting
PDP governors back Appeal Court verdict, endorse Ude Okoye as national secretary
Everton plot £33m Awoniyi move
Barcelona’s Pedri extends contract to 2030
Boniface rejoins Leverkusen training after failed Saudi transfer
Most Read
Rangers International going, going . . . (55,270 views)
Amaju Pinnick: A cat with nine lives (46,426 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,456 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,101 views)
Sports Development: Zenith Bank on the zenith (44,052 views)
Current issues in Nigerian sports: Matters arising (44,039 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (43,849 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,413 views)
Olopade, BET9A wave of revolution in NNL (42,501 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,150 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,591 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (39,022 views)