Soccer-Salernitana confirm new owner has saved them from Serie A expulsion

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SALERNO, Italy (Reuters) - Salernitana will not be expelled from Serie A after the club said on Monday that a new owner has been found.

Originally owned by Lazio president Claudio Lotito, the Italian Football Federation said at the start of the season that Salernitana must change how they are run or face being expelled from Italy's top flight.

The club, promoted to Serie A for the first time in 23 years last season, left it until the final hour, but finally confirmed that a bid had been received on Dec. 31, with the process to get the new ownership finalised put in place on Monday. Salernitana did not reveal the identity of the new owner, but Daniele Iervolino, the 43-year-old founder of Italy's Pegasus Online University, said in Italian media soon after the deadline had passed that he was the buyer.

 

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