Featured image credit: Genoa CFC
Italian football clubs Genoa and Sampdoria have launched Genova Stadium Srl, a new company to drive investment in Stadio Luigi Ferraris, which the two teams share.
The company will have the objective of formulating an offer to buy the stadium with a view to carrying out key renovation work. The company would also look to secure Stadio Luigi Ferraris’ status as a host venue during the 2032 UEFA European Championship, which Italy will co-host alongside Turkey.
Stadio Luigi Ferraris has a capacity of around 38,000 and is currently owned by the City of Genoa. Serie A team Genoa and Serie B outfit Sampdoria have announced the formation of the new company ahead of their clash in the Coppa Italia tomorrow (Wednesday).
In March 2023, the Deputy Mayor of Genoa, Pietro Piciocchi, said plans were in place to redevelop the stadium on the basis that Italy secured hosting rights to Euro 2032. Italy was awarded the rights in October 2023.
The stadium is one of the Italian Football Federation (FIGC)’s proposed venues for Euro 2032 but upgrades costing between €60m (£49.9m/$66.8m) and €80m would be required ahead of the tournament.
The stadium is the oldest in Italy having opened back in 1911, and it was used during the country’s staging of the 1990 FIFA World Cup. A definitive project for the renovation of the stadium is set to be presented at the beginning of October.
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