Lazio president Claudio Lotito has until the 25th June to sell newly-promoted side Salernitana.
As reported by Italian media outlet Sportface earlier today, the FIGC council decided to give the Biancocelesti president a 14-day extension on the one-month mandate to sell the Campania-based side, who achieved promotion to Serie A this season.
Lotito is unable to own two clubs competing in the same division and so now has to sell Salernitana before that date. Should he fail to do so, then the club will not be admitted to next season’s Serie A.
The Italian businessman took over Salernitana in 2011, after their bankruptcy. With the club starting in Serie D, Lotito has overseen their growth over the last decade, often using them as a feeder club for Lazio, with players like Thomas Strakosha and Luiz Felipe both spending time on loan there before succeeding in Rome.
Lotito’s business partner Marco Mezzaroma is also forced to sell his share of the club, as he is Lotito’s brother-in-law.