Juventus shares up on bid rumour

[Mac 10 †]

Juventus shares up on bid rumour 

Shares in Juventus have surged amid rumours that investors, including the son of Colonel Gaddafi, are set to buy a majority stake in the football team.
Website dagospia.com claims that investment firm Ifil is about to sell 60% of Juventus to Al-Saadi Gaddafi and team managing director Luciano Moggi.

Juventus shares have jumped 15% this week despite Ifil's denials.

Turin-based Juventus is one of Italy's most successful teams and is on the way to winning this year's championship.

Crossed wires?

Speaking on Wednesday, an Ifil spokesman said that the unsourced report on the website report was wrong.

"There's no such plan being studied," the spokesman said. "We are comfortable (with the holding) and don't want to sell."

Referring to the online article, the spokesman said that "none of this is true".

His comments took some of the steam out of Juventus shares, but they were still trading 6.8% higher at 1.53 euros at 1234 GMT.

Libyan leader Muammar Gaddafi already owns 7.5% of Juventus.

His son Al-Saadi has a love of football and was taken on as a professional player with Italian side Perugia. In the past he has been linked to potential bids for Liverpool and Crystal Palace in the past.

The report on the Italian website said that there was resistance within Juventus to the plan to sell shares to the two investors.

[Bomb-A®]

not another man utd



peace

[acbaylove]

Fake.