The deal between Standard and François Fornieri has come off. The strong man behind the Liege pharmaceutical company Mithra would normally buy 50 percent of the shares, but that will not happen.
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Why the deal between the Liège millionaire and de Rouches has been canceled is not completely clear yet. In early August, it was announced that Fornieri would buy half of Bruno Venanzi’s shares – 50 percent in total – as well as invest in the club’s real estate project. He would thus become managing director of Standard. But all this is canceled despite an earlier agreement.
The collapse of the deal may also lead to the arrival of Luciano D’Onofrio. The sporting boss of Antwerp is a good friend of Fornieri and has been frequently associated with a return to Sclessin in recent months.
Financial future
Chairman Bruno Venanzi, in his search for investors, ended up with Fornieri last summer, who would provide a capital increase. Welcome to Standard, which only secured a professional license in second. Wait and see what this will mean for the financial future of the Liège club.
The Rouches do not seem to immediately worry about their financial situation, although the wage burden has risen again. Last week it was announced through a communiqué that the club had made a profit of 200,000 euros in the past financial year. Standard expects to break even for next financial year. Venanzi is still open to new investors.
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