Soccer-Sampdoria president to resign after arrest, investigation into bankruptcy


FILE PHOTO: Soccer Football - Serie A - Sampdoria v Juventus - Stadio Comunale Luigi Ferraris, Genoa, Italy - January 30, 2021 Sampdoria president Massimo Ferrero before the match REUTERS/Jennifer Lorenzini/File Photo

(Reuters) - Sampdoria president Massimo Ferrero is set to resign from his position after he was arrested on Monday following an investigation launched into alleged bankruptcy crimes involving the 70-year-old, the Serie A club said.

Sampdoria said Ferrero will step down out of "respect for the club". The club also distanced themselves from any involvement in the alleged incidents.

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