The Italian Football Association (FIGC) has rejected the first solution to solve the problem of Salernitana ownership. Half of its shares belong to Lazio president Claudio Lotito through his son. The situation is unlawful with both teams now in Serie A following the promotion. They have until Saturday to fix the problems. Otherwise, they seriously risk being excluded from the League, La Repubblica and multiple sources reports.
The two controlling companies, Omnia Service and Morgensterrn, opted for a trust to bide time before selling the club. They have been in talks with some entrepreneurs but have not received a satisfying offer yet.
FIGC concede a blind trust for six months before Salernitana changes hand. However, they made some precise observations concerning its current design. They believe the club would not be financially independent and that the two administrators would not have enough autonomy. Moreover, one has a checkered history within Italian football.
In addition, the federal officials do not think there is enough cash reserve to last till the end of next season. Lotito remains optimistic that he will be able to rectify the issues in time. His lawyer downplayed the situation and the concern: “They asked for some clarifications to guarantee the operability of the trust. We will find a proper solution for Salernitana before the deadline.”
The exclusion would not be automatic but would go through a Federal Council. Benevento would be the frontrunner to replace them in the 2021/2022’s Serie A if it came to that.