Salernitana Was Sold Cheap Makes Claudio Lotito Upsets

Lazio president, Claudio Lotito was reportedly furious after Salernitana was only sold for 10 million euros to businessman Danilo Iervolino because he hoped to get 70 million euros from the transaction.

Claudio Lotito reportedly really started from the bottom again after Salernitana went bankrupt and fielded them to Serie D in July 2011.  He is rumored to have invested around 42 Million Euros into the club over the years, helping them slowly climb up to finally being able to return to competition in Serie A after 20 years, even regularly loaning Lazio players there.

However, the regulations prohibit one person or organization from owning two different clubs in one division of the Italian league.  Lotito had noticed after Grenada's promotion from Serie B in May 2021, but it was only at the last minute that he finally agreed to sell him.

If no new buyers are found by midnight December 31, then the club is automatically eliminated from Serie A this season.  Local businessman Iervolino finally stepped up and reportedly paid 10 million Euros to buy the club.

According to reports by Corriere della Sera, the Lazio president was furious because he asked for a payment of 70 million euros last summer.  He also had time to turn down important offers, including those from Switzerland, because they wanted financial stability guarantees.  Now, news from ANSA claims that the Swiss are ready to take legal action and protest because they are offering a higher amount than Iervolino.

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