San Lorenzo secretary Martín Cigna, who recently resigned, mentioned on TyC Sports that president Marcelo Moretti spoke with American businessman Foster Gillett about potential involvement with the club. This statement brought back discussions that Moretti had previously denied, reopening the debate on investor groups in Argentine football.
Cigna emphasized that San Lorenzo “was, is, and will remain a civil association,” rejecting any idea of becoming a private sports corporation. He acknowledged that the talks between Moretti and Gillett caused internal conflict and indicated the possibility of a pre-contract, but he stressed that any deal would need board and member assembly approval to be legally binding.
Gillett’s past actions in Argentina have raised concerns. At Estudiantes, he led a $15 million move for Cristian Medina, which became contentious. Delays in payments affected other transfers, including Valentín Gómez’s move to Udinese, which ultimately fell through, adding to the controversy surrounding the investor.
Cigna’s comments come amid a financial and institutional crisis for San Lorenzo. The club has historically opposed outside capital and the concept of private sports companies, making this revelation particularly challenging for its leadership.
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