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Monday, 29 April 2019

Genoa: approved the budget, Piatek sold to 33 million plus bonuses

(ANSA) - GENOA, APRIL 29 - The Genoa shareholders' meeting approved the financial statements at 31 December 2018 which, for the first time in years, was positive, before taxes, of almost one million euros (954,146 euros) . After paying the taxes, there was a loss of 3.9 million. Last year it was closed in red by about 12 million. Thanks to the sale of Piatek to Milan in January for 33 million more bonuses, the tax debt, which in 2017 amounted to 63 million, and had been reduced in 2018 to 58 million, was reduced by another 20 million in these early months of 2019 The net equity of Genoa at March 31, 2019 is 10 million. CEO Alessandro Zarbano explained to the shareholders that Genoa has also applied for the Uefa license this year and is sure to get it.

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