Fiorentina confirmed they are in negotiations to sell the club to American billionaire Rocco Commisso for a reported €200m.
Andrea and Diego Della Valle announced their decision to move on during this morning’s Board meeting in Florence.
“A statement will be released, but Della Valle said clearly he was leaving and there’s no need for me to confirm that again,” Board member Andrea Paolo Panerai told FirenzeViola.it as he left the meeting.
“The Board was advised and that is it so far. There is a potential buyer who is negotiating and I don’t need to tell you that it’s Commisso.”
Commisso is a billionaire Italian-American investor who left Calabria as a child and made his fortune in cable, going on to purchase the New York Cosmos football club.
It’s reported the deal will eventually be worth in the region of €200m.
“However, I feel the fans cannot expect any worse than what they experienced from a family without commercial motivations who invested over €300m into a club that had gone bankrupt 17 years ago,” added Panerai.
“The Della Valle brothers didn’t make a cent from this club. Only an idealist like Diego could’ve thought of this approach, but he was treated horribly.”