The Clock Is Ticking to Finalize the Sale of Salernitana

With just two weeks to go before the deadline, there has yet to be a binding offer to acquire Salernitana. President Claudio Lotito instituted a trust right after the promotion. It is not possible to own two clubs in the same division. The Italian FA would exclude the Granata from Serie A if they did not change hands by the end of the calendar year.

Yesterday was a soft deadline for the proposals to come in. A few consortiums have shown interest in Salernitana. However, nobody deposited the fifth percent down payment to enter the final stages of the negotiation, Sky Sport reports. In case of serious bids, the Federation would give 45 more days to complete the closing.

However, the talks are not there yet with any entrepreneur. None has presented proper guarantees. Other Serie A clubs would like to avoid a 19-team league and will discuss the matter in an upcoming meeting. The FIGC also called for a council to address the Salernitana case in five days.

According to SportMediaset, the highest offer to date is around €25/30M. In case of an exclusion, Salernitana would not simply be relegated to Serie B but would have to re-start from the bottom of the football pyramid. The results of their games would automatically be voided. Some local businessmen are considering a temporary takeover to find a proper buyer down the line. However, the trustees set stringent conditions for the sale. They asked the governing bodies to have till the end of the season to complete it in a note.