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

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


6/12/2021 8:20:00 PM

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

(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.

"It was with great astonishment that we learned of the execution today of a pre-trial detention order against Massimo Ferrero," the club said in a statement."It was a request from the Public Prosecutor's Office of the Republic of Paola for bankruptcy related to events of many years ago. These events are entirely independent of both the management and ownership of the Sampdoria.

Johor polls not linked to court cluster - Umno info chief

"However, to protect the interests of the other activities in which he (Ferrero) operates, and, specifically, to avoid any speculation regarding Sampdoria and the world of football, Ferrero intends to formalise an immediate resignation."Reuters could not immediately reach Ferrero's lawyers for comment.

Italian news agency ANSA said Ferrero, a businessman and cinema producer, was arrested in Milan and has been taken to San Vittore jail.ANSA added five other people probed in relation to the case have been put under house arrest over bankruptcy of four companies in the hotel, tourism and cinema sector based in the Calabrian province of Cosenza.

(Reporting by Peter Hall; Editing by Rohith Nair)

Read more: The Star »

Proposal to implement a standard 30km/h speed limit [NSTTV] | New Straits Times

KAMPAR: The Transport Ministry will review a proposal to implement a standard 30km/h speed limit for urban and residential areas, cities, and villages.

Soccer-Atletico sunk by Kubo stoppage-time goal for Mallorca(Reuters) - Atletico Madrid conceded a goal by Mallorca's Takefusa Kubo in added time in a shock 2-1 LaLiga home defeat on Saturday that will be remembered on the Mediterranean island for years.

Soccer-Saints boss Hasenhuettl slams keeper McCarthy for not revealing injurySOUTHAMPTON, England (Reuters) - Southampton manager Ralph Hasenhuettl criticised goalkeeper Alex McCarthy for not informing him that he was carrying a hamstring injury towards the end of their 1-1 draw against Brighton & Hove Albion, with their south-coast rivals equalising in added time.

Soccer-Xavi suffers first loss as Barca manager after Juanmi stunnerBARCELONA, Spain (Reuters) -Barcelona were stunned by Juanmi's late goal for Real Betis that secured a 1-0 win in LaLiga on Saturday and ended home coach Xavi Hernandez's honeymoon at the club as he suffered his first defeat since coming back to the Camp Nou three weeks ago.

Soccer-Marseille's second place under threat as Brest claim sixth win in a row(Reuters) - Olympique de Marseille's second place in Ligue 1 came under threat on Saturday when they slumped to a 2-1 home defeat against in-form Stade Brestois.

Soccer-Newcastle finally get first win with victory over BurnleyNEWCASTLE, England (Reuters) - Newcastle United finally ended their season-long wait for a win, beating bottom-three rivals Burnley 1-0 at St James' Park in the Premier League on Saturday thanks to a 40th-minute goal from Callum Wilson.

Soccer-Southampton held to 1-1 draw by south-coast rivals BrightonSOUTHAMPTON, England (Reuters) - Southampton were held to a 1-1 draw by south-coast rivals Brighton & Hove Albion in the Premier League on Saturday when Armando Broja's first-half strike was cancelled out by a late goal from Neal Maupay.