This is the dramatic moment a £14m superyacht caught fire and sunk off the coast of Sardinia.
Sixteen passengers and crew miraculously escaped from the Atina before it was completely engulfed in flames on Saturday evening whilst it was moored in the Gulf of Olbia.
The tourists, who were from Turkey, were collected by firefighters and coastguards. There were no reported injuries.
Among those on board is believed to be Serkan Borancili, who owned the 47-m-long vessel.
The Turkish entrepreneur…