Patrizia Reggiani: Gucci needs new blood. It's time to take out the trash.
Maurizio Gucci: But they're my family.
Patrizia Reggiani: So am I.
Patrizia Reggiani: It was a name that sounded so sweet... Synonymous with wealth, style, power. But that name was a curse, too.
Paolo Gucci: You picked a real firecracker.
Maurizio Gucci: She's a handful.
Patrizia Reggiani: I don't consider myself to be a particularly ethical person, but I am fair.
Answer: Yes. Basically, within the narrative of the film, Maurizio is weak-willed and easily manipulated by Patrizia; he didn't even want to be involved in running Gucci in the first place and has no real business acumen. So, he both overextends the firm and spends a huge amount of money on an extravagant lifestyle, which leaves him in financial trouble and at the mercy of a hostile takeover.