According to Italian press agency Ansa, Sampdoria president Massimo Ferrero was taken toprison on Monday morning for alleged corporate crimes and bankruptcy in an investigation that involves five other people, who face house arrest.

Ferrero, 70, has reportedly been arrested bythe Guardia di Finanza, theitalian finance police, following an order from the Paola Public Prosecutor – who are in charge of this case – in Calabria, a region in the south of Italy.

Sampdoria president Massimo Ferrero reportedlyunder arrest

Massimo Ferrero is accused of committing financial crimes which apparently don’tinvolve Sampdoria, so the club wouldhave nothing to do with the investigation. However, it obviously affects them as their president is in prison.

The Italian club released a statement in which it distanced itself from the crimes Ferrero is accused of but also suggested it doesn’t fully understand why he has been arrested. Besides, the statement also reads Ferrero intends to quit to his role at Sampdoria, where he has been in charge since 2014.

Ferrero has also workedin the film industry. Other five people – who are believed to be facing house arrest -are reportedly involved in this investigation, including his daugther Vanessa Ferrero.