The Lazio market shares are suddenly on the rise amid major developments concerning club president Claudio Lotito.
Lazio Stock Prices on the Rise Ahead of Big Lotito Statement
The increasingly unpopular patron has been under great pressure to sell the club, as the organized fan groups have rebelled against him and his administration, accusing him of putting his own interests ahead of Lazio’s. The supporters have opted against attending next season’s home fixtures and purchasing season tickets. They have also cancelled their TV subscriptions to the Serie A broadcasters.
And yet, Calcio e Finanza reveals that the club’s share price witnessed a sizable 5% rise, reaching €1.64, its highest value since December 2020. The source attributes this sudden development to the buzz surrounding the club ahead of Lotito’s major announcement, which is expected next week.
Lotito Sale Rumors & Reggina Takeover
While the report didn’t specify the nature of the president’s upcoming statement, there have been growing rumors (mixed with enormous fanfare) of a potential sale. A recent report from Il Tempo claimed that members of JPMorgan Chase are preparing a consortium to purchase the Italian capital club for €450 million, although the official Lazio website swiftly denied it.
Earlier this week, it was revealed that Lotito is in advanced negotiations to buy Serie D club Reggina. However, this wouldn’t be the first time that the Italian senator purchased another club, as he was also the owner of Salernitana between 2011 and 2021.
The Winds of Change?
In his interview with TMW Radio (via La Lazio Siamo Noi), football agent and pundit Claudio Anellucci fueled Lotito’s exit rumors by sensing that a major change is brewing behind the scenes.
When you have a president who insults the fanbase, calling them a ‘thing’… that’s just one of the many reasons why supporters should hold a grudge against Lotito. With what Milan have spent in a single year, Lazio have funded five transfer windows. Lazio’s situation is absurd.
There’s only one solution to get out of it; there are no alternatives. The fans have always tolerated Lotito, and there were seasons when things went his way, spending little and still winning something. Now there’s nothing left.
Can things change? Today, I’m very optimistic; perhaps some good news could arrive. There’s a sense of movement behind the scenes.
