Lazio financial crises continues

15 Jun, 04 | Italy | Finance

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Serie A club Lazio, one of the three Italian football clubs listed on the stock market, has been struggling financially since their former majority owner, food group Cirio, was put into liquidation. The club which recently raised ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ 4.4m selling shares to 17 players and the clubÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s head coach has taken only a tiny take-up of 9% of shares offered in ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ 190m in the local stock market.

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