Genoa’s proposed sale to Giulio Gallazzi’s SRI Group has reportedly entered a critical phase.

According to Primocanale, due diligence has been completed and an answer from Gallazzi on whether he will offer the €120m demanded by Genoa President Enrico Preziosi is expected on Wednesday.

However, the broadcaster notes SRI is wary of the Rossoblu’s debts, which amount to ‘over €70m’, while Preziosi is said to have set a deadline of Saturday for the takeover to happen.

Genoa’s proposed sale to Giulio Gallazzi’s SRI Group has reportedly entered a critical phase.

According to Primocanale, due diligence has been completed and an answer from Gallazzi on whether he will offer the €120m demanded by Genoa President Enrico Preziosi is expected on Wednesday.

However, the broadcaster notes SRI is wary of the Rossoblu’s debts, which amount to ‘over €70m’, while Preziosi is said to have set a deadline of Saturday for the takeover to happen.

This is because the Grifone have an important game against Bologna on that day, and the owner is keen for the saga not to play on his players’ minds.

Primocanale adds “the steps taken forward last week have gone backwards”, with both parties “seeming no closer” to a deal.

Nonetheless, that will not be an issue if Gallazzi offers a figure in the region of €100m, despite Preziosi feeling that he could sell the club for more.

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