Bologna saved by coffee magnate
Reuters - Sunday 19 December 2010, 17:30
BOLOGNA - Bologna's beleaguered owners
reached a deal to sell the club to a consortium run by the head
of Italian coffee firm Segafredo on Sunday, saving the Serie A
side's immediate future.
"After long and complicated talks aimed at saving and
relaunching Bologna, a deal has been reached," a club statement
said. "The contract will be formalised in the coming days."
Players have gone unpaid for two months and had threatened
to use labour laws to all walk out for free in January if wages
were not forthcoming.
The club, who drew 0-0 at Parma on Sunday to stay 14th in the table,
have been deducted one point for unpaid taxes and the Italian
federation has been investigating whether to punish them
further for other financial irregularities.