Napoli

Stu · Cult Status

Napoli

Football Academy · Cult Status

Napoli
12th Serie B

Manager: N/A
Stadium Capacity: 15,000
Average Attendance predicted this season: 3,375

Value of club: £-0.5 million
Minimum buy out price: £5 million

Debt: £21.2 million
Bank Loans: £0

Notes:
Last week Napoli entered administration due to increasing debts and their chairman has left the club with immediate effect. The administrators have full control of transfers until the debt is cleared. If the debt is not cleared a bank loan will be taken to cover the remaining amount. Napoli fall under the 'minimum £5 million buy out' ruling which applies to any club with no chairman or who is worth less than £5 million (debt can make clubs worth minus money).

FA will post to allow bidding on the club to begin 3 days after the initial interest was made into the club.

madhibee · Cult Status

I woud like to express interest in buying Napoli

John

Besty · Cult Status

I would like to express an interest in buying Napoli

-- Edited by Besty on Monday 9th of November 2009 06:39:55 AM

Football Academy · Cult Status

Managers from the following clubs can now bid on the club having expressed interest in the opening 3 day period:

Arsenal
Chelsea
Manchester City

Bidding must start at £5 million and must increase in increments of £0.5 million.

Due to the circumstances at the club, the current chairman has issued a deadline of 7pm Friday after which no more bids for the club will be accepted.

To bid, simply post the amount in this thread. The amounts must match the stated rules.

madhibee · Cult Status

John Brady of Chelsea bids £5 million for Napoli

-- Edited by madhibee on Thursday 12th of November 2009 05:57:51 PM

Stu · Cult Status

£5.5mil for Napoli

Stu - Man City

Football Academy · Cult Status

Stuart Price has successfully completed the buy out of Napoli and will be contacted within the week to confirm the hand over.