Well, eithe way you got a great deal. The bike was a team bike to start with and those are always painted to please the sponsors and the team so everybody looks the same.
If you got a squadra then great

You have an excuse to get it repainted as it should?
Im not too familiar with concorde so no idea if the italian flag thingy must be there or not, some manufacturers were building bikes with whatver they had on hand at the moment and there is no concistency what so ever sometimes between one model and others.