Who Is Gigi Becali?
George “Gigi” Becali is a Romanian businessman and former politician, best known for his ownership of the FCSB football club.
Becali was born on June 25, 1958, in Vădeni, Brăila County. Her family was from Aromania, but they were exiled to the Bărăgan Plain by the Communist government because of their ties to the pre-World War II fascist Iron Guard party.
In the real estate industry, Becali started his entrepreneurial career. He acquired his millionaire status through a dubious land swap with the Romanian Army in which he traded the Army for a 20.9-hectare plot in Băneasa-Pipera, Northern Bucharest, in exchange for a 21.5-hectare tract.
The Army did not need the land it received, and Becali received land worth much more in exchange, raising questions about the agreement. Later on, he sold the land to businesses that built residential neighbourhoods in the city.
The property in Tefăneștii de Jos, though, was not his at the time Becali made the offer to the Romanian Army in 1998; he only acquired it after it became obvious that the agreement would be inked.
Additionally, the Pipera tract was still subject to previous owners’ claims, therefore the Army was not permitted by law to give it away.
A transaction involving land in Pipera between Becali and the daughter of Defence Minister Victor Babiuc was the subject of an investigation by the National Anticorruption Directorate.
In addition to his real estate endeavours, Becali also came into ownership of the FCSB football team. He bought club shares over time, eventually taking control as the club’s largest shareholder.
Due to debts exceeding US$11,000,000, the National Fiscal Authority nonetheless seized his fortune in 2005. Despite this setback, Becali filed a lawsuit, won the legal battle, and the seizure order was lifted.
By transferring the club’s assets to a newly established business, AFC Steaua București, he was able to avoid paying taxes, which resulted in the demise of the previous organisation.
Becali progressively gave over his shares to his nephews, and as of 2007, he had no formal affiliation with the club.
Becali has come under scrutiny for interfering with FCSB management. He routinely chose starting lineups and substitutes, frequently going against the advice of his managers.
Becali contended that he had the authority to make these choices because he had funded the club. He appointed inexperienced puppet managers after being released from prison in 2015, who were frequently former FCSB icons or close friends.
He used religiosity and compliance with authority as selecting criteria. He was criticised for this strategy nevertheless, and as a result, he let go of managers like Dinu Todoran.
Eventually, Becali made the decision to step away from football-related things and appointed seasoned manager Edi Iordanescu, who had a successful tenure with the team.
But because Becali didn’t like how good the game was, tensions ensued. After parting ties with Iordanescu, Becali declared his desire to take over team management once more and named Pintili as interim manager.
Becali’s ownership of FCSB has had a lasting effect on the team despite its ups and downs.
In conclusion, Gigi Becali, a former politician and businessman from Romania, acquired the FCSB football club and amassed a fortune through real estate endeavours.
His influence on the team is undeniable, notwithstanding the controversy surrounding his financial transactions and managerial intervention. His tale illustrates the difficulties and complexity associated with having influence and authority in the world of sports.
Gigi Becali Wealth; All You Need To Know
Gigi Becali is estimated to have a net worth that stands at $900 MIllion. He is known to have made his wealth from his real estate endeavours as well as other businesses like the ownership of the FCSB football club.
