The President of Serie C side Novara has resigned after he was caught with an envelope containing €200,000 cash that he was unable to explain.
Marcello Cianci had been in charge of the club since late 2019 and has tended his resignation.
According to La Gazzetta dello Sport, the 50-year-old was stopped in his car by police in Reggio Calabria, who found he had an envelope containing €200,000 in cash.
The envelope was hidden inside a box full of food in the SUV.
The President of Serie C side Novara has resigned after he was caught with an envelope containing €200,000 cash that he was unable to explain.
Marcello Cianci had been in charge of the club since late 2019 and has tended his resignation.
According to La Gazzetta dello Sport, the 50-year-old was stopped in his car by police in Reggio Calabria, who found he had an envelope containing €200,000 in cash.
The envelope was hidden inside a box full of food in the SUV.
Cianci was unable to give a proper explanation for the presence of the cash, so the sum was confiscated and an investigation started.
Novara Calcio released a statement insisting the situation had nothing to do with the club and this was entirely a personal matter regarding Cianci.