Sampdoria’s lawyer Antonio Romei calls rumours about their finances “scaremongering”.
It has been reported by L’Espresso that the struggles of insurance company Gable could be disastrous for the Blucerchiati, as they guarantee the club’s debts.
The company announced plans to delist from the London stock exchange, although it has since walked that back slightly.
Sampdoria’s lawyer Antonio Romei calls rumours about their finances “scaremongering”.
It has been reported by L’Espresso that the struggles of insurance company Gable could be disastrous for the Blucerchiati, as they guarantee the club’s debts.
The company announced plans to delist from the London stock exchange, although it has since walked that back slightly.
It’s believed Samp obtained a guarantee from Gable on transfer market debts, totalling around €12m, with a number of Lega Pro sides also relying on the company, which is registered in Liechtenstein.
The share price of Gable has collapsed by 90 per cent over the last year, leading to fears it could go to the wall but Romei insists there’s no problem.
“It’s too alarmist in Italy,” Romei told Il Secolo XIX.
“We’re calm though. There are no holes or problems. Gable is one of the companies authorised by the Lega and the FIGC to issue bonds.
“We’re talking about guarantees which would be enforced if we didn’t pay for a transfer or an installment, but since Sampdoria is in good standing with all payments the conversation stops there.
“That aside, as I understand it Gable is operating as normal, and if there was a problem then that would in turn be secured by a company whose rating is higher at A-.
“I’ve heard talk of a bankruptcy, a hole in the finances. There is no hole, nor is there even a problem. The term “problem” for Sampdoria doesn’t exist.
“In Italy you live for scaremongering, we’re very calm.”