ROME (Reuters) - Romanian businessman Dan Sucu has acquired a majority stake in Genoa, the Italian Serie A club said on Wednesday, signalling a change of ownership from U.S. private equity firm 777 Partners.
Sucu, who already owns Romanian side Rapid Bucharest, controls 77% of Genoa after underwriting a capital hike of around 45 million euros ($47.13 million), a statement said.
777 Partners remain as minority shareholders, it added.
The new ownership "represents a new chapter" for Genoa, with the hope it may "bring economic stability and new investments to strengthen the team and infrastructure," the club said.
Genoa, established in 1893 and Italy's oldest soccer club, currently sit 13th in the 20-team Serie A, two points above the relegation zone.
($1 = 0.9548 euros)
(Reporting by Alvise Armellini; Editing by Christian Radnedge)
