Bari are targets for a Canadian pharameutical company.
Millenia Hope Inc. have launched a bid for the Serie B club, which was announced in the Wall Street Journal.
"Millenia Hope Inc. announces today that it has formally offered to acquire the professional SOCCER TEAM of the city of BARI, ITALY, known as Associazone Sportiva Bari.
"MILLENIA HOPE INC. is depositing an offer in the amount of 11.5 MILLION EUROS for this transaction. The offer includes television and radio rights which generate 4.5 million Euros per season. Promotional rights bring in approximately 2.5 million Euros annually.
"Millenia Hope Inc. considers this acquisition to be an excellent investment opportunity that will be extremely beneficial to the Company and its Shareholders."