Check out the new owner of Italy’s oldest soccer club, Genoa, as the Griffin has finally entered a new era of ownership under Romanian businessman Dan Sucu who has a net worth of 300 million euros
For the curious, the Red and Blues announced on Wednesday that Dan Șucu has acquired a 77% share of the club by investing €45 million, equivalent to $47.2 million, effectively reducing the shares of previous owners to minority status.
Who is Dan Sucu new owner of Italian club Genoa FC, bio, age, wife, children business and net worth
At the time of writing this article, the businessman has made an initial payment of €5.35 million however, the remaining fee that is €40 million is expected to be settled before December 14, 2025.
This acquisition marks a fresh start for Genoa, which was founded in 1893 and has faced months of financial uncertainty under its previous owner, Miami-based 777 Partners.
Șucu, who also holds a 90% stake in the Romanian team Rapid Bucharest, is expected to bring financial stability to the Italian club.
Previous Owners
The Griffin was previously owned by 777 Partners, who acquired them three years ago after Genoa spent 18 years under the ownership of Enrico Preziosi.
The club is currently 13th in Serie A, two points above the relegation zone, and has remained unbeaten since appointing Patrick Vieira as coach last month.
About Dan Șucu
Born on April 25, 1963, Dan Șucu is an entrepreneur and a prominent figure in Romania’s business landscape. He is best known as the founder of Mobexpert, the country’s largest furniture brand, which has more than 2,200 employees.
A company founded thanks to a courageous and personal choice, Sucu began its journey with a first shipment of furniture from France and opened its first store in Bucharest, in a small space of 150 square meters, with an initial capital of only 1,000 dollars. The purchase of mattress and furniture factories has allowed Mobexpert to expand rapidly, covering not only Romania, but Serbia and Bulgaria.
Currently, Mobexpert operates over approximately 30 stores nationwide. Starting with an initial investment of just $1,000 and a modest 150-square-meter store in Bucharest, Șucu built a furniture empire spanning Romania, Serbia, and Bulgaria.
His company now controls the entire production chain, from manufacturing to logistics and retail. Beyond furniture, the businessman also ventured into real estate, technology, and media.
The 61-year-old entrepreneur has also developed hotels, residential centers, and hospitals. The alumni of Politehnica University of Bucharest has expanded into the electronics and IT sectors.
Wife & Children
Dan Șucu was married to a businesswoman and entrepreneur Camelia Şucu, with whom he parted ways in 2007. Though, there isn’t any information about his children, however, media reports claim that the businessman has two kids.
🚨🇺🇸 BREAKING: Genoa have been sold from American fund 777 partners to Romanian entrepreneur Dan Şucu who purchased 77% of the club.
A historic club with an amazing fanbase like Genoa deserves a stable future and we’re excited to see what the future holds for them. pic.twitter.com/6lexZaKqOP
— Italian Football TV (@IFTVofficial) December 18, 2024
Net Worth
As of now, Dan Șucu has an estimated net worth is 1.5 billion lei or 300 million euros. He ranks as the 24th richest person in Romania. His wealth primarily comes from Mobexpert, which was founded in 1993.