Bin Zayed Group Submits €50m Offer for Salernitana, Assistance From Blue Skye

Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan has made a €50 million offer for Salernitana.

As reported by Italian newspaper Il Sole 24 Ore (via Calcio e Finanza) earlier today, his company, Bin Zayed Group LLC, has submitted a €50 million proposal for the newly promoted Salernitana, who are currently owned by Lazio president Claudio Lotito and his brother-in-law Marco Mezzaroma.

MORE: Lazio President Claudio Lotito: “I Am Working Overnight for the Sale of Salernitana”

The offer, made with the economic support of Blue Skye Investment Group, was presented to Omnia Service and Morgenstern (the two companies that each control 50% of the Campania-based club) and has been forwarded to the Italian football federation.

Blue Skye is a shareholder fund led by Salvatore Cerchione and Gianluca D’Avanzo, which holds 4.27% of Project Redblack, the Luxembourg company that owns AC Milan. Cerchione is also a member of the Board of Directors of the Rossoneri.

The shareholder fund would be able to guarantee a €20 million loan as part of the €50 million proposal

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Lotito is still working on resolving the situation, with the idea of creating a trust still viable as well. The Biancocelesti president is not allowed to own two professional clubs in the same division, so must find a solution before the end of this month.

There are some fears that Salernitana will not be able to register for next season’s Serie A campaign due to this ownership issue, although solving this is currently Lotito’s only priority.

Tags Biancocelesti Bin Zayed Bin Zayed Group Bin Zayed Group LLC Blue Skye Cerchione Claudio Lotito D'Avanzo Gianluca D'Avanzo Italy Lazio Lotito Marco Mezzaroma Mezzaroma Morgenstern Omnia Service Project Redblack Salernitana Salvatore Cerchione Serie A Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan