Genoa are considering selling their prized young talent Pietro Pellegri to settle their debts if a takeover bid for the club collapses, according to La Repubblica (via Calciomercato.com).
Chelsea are among the clubs tracking the 16 year old with the Sun having reported that the Serie A side have placed a £40m asking price on the teenager.
Reuters reported yesterday that Italian financier Giulio Gallazzi was seeking additional finance from hedge funds in order to secure the €120million purchase of Italy’s oldest club.
Speaking last night about the deal, Genoa’s president Enrico Preziosi said there is a signed agreement that sets a deadline of 30th September for an offer to be made. If no proposal is put on the table by the end of today, the takeover will not go ahead.
If that happens then Genoa will need to find another way to ensure the club has enough money, and that could result in the club having to sell Pellegri.