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Sep 11, 2013

Struggling Bologna put up for sale

Bologna president Albano Guaraldi has invited bids for the Serie A club, saying he made a mistake taking charge in the first place.

Bologna president Albano Guaraldi presents summer signing Rolando Bianchi to the media.
Bologna president Albano Guaraldi presents summer signing Rolando Bianchi to the media.

Guaraldi has been at the Bologna helm since 2011, investing €11 million to take a majority share, which he is now keen to get rid offload.

He was subject to insults from the club’s fans for selling Saphir Taider to Inter Milan and allowing Alberto Gilardino to return to Genoa this summer, and now he says enough is enough.

“The club is for sale if somebody serious and reliable presents an offer which would cover all of the money I and my partners have invested -- my investment is around €11 million,” he told Radio international. “I can confirm that I do receive a salary as president of Bologna, but this often only covers the mortgage on the hotel in Carloforte which was left over by (previous president Sergio) Porcedda and has turned from being an asset into a liability.”

Guaraldi says he now regrets saving the club from the brink of bankruptcy if the treatment he is currently being subjected to is the only recognition he receives for it.

“If I could go back in time, I would probably not have gained the majority of the club,” he continued. “I accepted the presidency because I was pushed to do so by the euphoria of my partners without even considering that I would have created too many expectations among the fans who are now insulting me.

“Right now, I honestly would not know how to win back part of the fans.”

Bologna have started the season with a draw and a defeat and they travel to face Udinese on Sunday, risking a drop into the bottom three if they don't pick up their first win of the season.

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