Italian newspapers claim the club’s president and former referee, Gianluca Paparesta, confirmed reaching an agreement about the sale of the stake to Dr Noordin Ahmad on April 8.
A Malaysian businessman, Dr Noordin Ahmad is believed to have bought a substantial share of Serie B club, FC Bari 1908, after acquiring a 50 percent stake in the Italian club for a price of Euro 12 million (RM53.159 million).
The news was published by a few Italian newspapers yesterday claiming that the club’s president and former referee, Gianluca Paparesta was quoted as saying he had reached an agreement with the club’s board of directors about the sale of the stake to Dr Noordin on April 8.
Paparesta currently owns a 95 per cent stake in the club from Southern Italy.
Speculation about the possible takeover was fueled after the Jalur Gemilang (Malaysian flag) was spotted flying at the terrace during FC Bari’s home match against Cesena at its stadium Stadio San Nicola on April 4.
Paparesta is believed to have bought the club for Euro 2 million (RM8.850 million) on May 20, 2014 during the club’s third bankruptcy auction before changing the club’s name to FC Bari 1908 S.P.A.
FC Bari’s golden era was in 1947 where they finished seventh in Serie A, Italy’s top-tier football league.