Friday, 7 March 2014

Italian club to join Roland's network?

Belgian media are claiming that Roland Duchâtelet is closing to buying Serie B club Bari: Bari

Roland has certainly been interested in adding an Italian club to his network for some time and he has also been exploring opportunities in Portugal. Purchases of this kind should be possible without raising additional capital by selling the mother ship.

Bari are effectively bankrupt. The club was at one time in Serie A. The family business Mataresse ran the club for 37 years but could no longer cope with the debts. According to a Google translation of one Belgian report, Bari share many similarities with Charlton 'even in dirty financial papers and bottom dangling in second class.'

There are no known plans to invest in France or Switzerland.

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