06 June 2020

Greedy owner missed the opportunity to sell his club

We know how the current virus is causing a real mess throughout the world, and also it was an obstacle for another thing (among plenty of others).
James Pallotta 'desperately' wanted to sell Roma. The businessman found a buyer from October 2019, the talks went smoothly, while at the end the price became the problem...well, from the second try. From initial offer of 710 million euros at the beginning of the year, Friedkin group was certain that the takeover would be completed. However, then came the epidemic on stage, the amount was reduced to 475 million euros, and everything failed. One of the main reason for this move was that the club reported a significant loss in the last year. So five days ago local media has officially announced that the old proprietor will remain in place who now is going to focus on its own football school.


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