Gaetano Micciche has surprisingly surprisingly decided to step down from his role as President of Lega Serie A.
he resignation comes after Genoa owner Enrico Preziosi alleged there were irregularities with how Micciche was elected President in March 2018.
That prompted FIGC prosecutors to open an investigation into the manner in which the banker was voted in.
“I wish to announce, with this declaration, my immediate resignation as President of Lega Serie A,” he said in a Press release.
“The rumours in today’s newspapers, relating to the closure of the investigation into my appointment 20 months ago and its possible outcome, are unacceptable and required me to make this decision.
“I’ve worked in recent months on the transformation of Italian football, adding to competitive and sporting values those of corporate, economic and prospective credibility.
“This is essential and preparatory for the arrival of new and serious investors, new and big companies as sponsors, plus new credibility in financial markets.
“It’s a transformation that also has the crucial objective of bringing families and fans closer to the world of football and sport in general.
“I thank all those who have worked with me, as well as the journalists who have followed my reign with professionalism.”
Lega Serie A, which runs the Italian top flight, went without a President for a year before the banker filled the position.