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  • AS Roma deny they want to sell the 40% stakes in the club
AS Roma deny they want to sell the 40% stakes in the club

AS Roma deny they want to sell the 40% stakes in the club

James Pallotta has decided to sell the 40% of AS Roma’s stakes (worth roughly € 75 million), Bloomberg reports.

The giallorossi president has taken such decision following a financial loss of € 41.2 million last season, plus a further € 40 million which the Serie A giants failed to cash in following their Champions League playoff elimination.

​Pallotta will have meetings with three different banks next week, whilst a host of Asian investors have already made contact with the American businessman informing him that AS Roma’s market value could be the same of AC Milan’s.

​Pallotta hopes that the club’s market value could further increase after the building of a new club-owned stadium, which would raise the club’s market value to € 2 billion.

Sino-Europe has just bought the 99% stake in AC Milan for € 520 million plus € 220 million to cover the club’s debts.

UPDATE: AS Roma deny they want to sell the 40% stakes in the club

AS Roma have denied that president James Pallotta wants to sell a 40% stake in the club through an official statement on their official website.

“President James Pallotta has personally talked to the author of the article denying that he’s looking for suitors willing to buy a minority share in the club even if he can confirm that he sometimes receives manifestation of interest from the International business community.”

“The President has also added that he more money will be invested to build a new stadium.”
 



Lorenzo Bettoni @lorebetto
 

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