Reports Roma negotiating possible sale to Saudi investors

Reviews from the Italian capital declare Roma’s house owners are negotiating the potential sale of the membership to buyers in Saudi Arabia.

La Repubblica particulars how a gathering was held involving the top of the Giallorossi’s authorized division within the Saudi Arabian capital of Riyadh on Tuesday. Varied subjects have been mentioned, together with the Riyadh Season sponsorship, however the dialog went deeper.

Eric Williamson, the right-hand man of Roma’s house owners the Friedkins and a board member of Roma, travelled from america to attend the assembly, suggesting one thing bigger scale was being mentioned.

Two totally different teams are concerned about buying Roma from Dan Friedkin – the government-owned Public Funding Fund, who already personal Newcastle United, and personal investor Turki Alalshikh, who’s a royal adviser and president of the Normal Leisure Authority.

At this stage, the Friedkins are hoping to enter right into a partnership with one of many two Saudi teams, wanting to stay in charge of Roma, however each PIF and Alalshikh need 100% of the membership’s shares, getting ready provides of circa €900m plus €300m linked to the development of the brand new stadium.

Issues are nonetheless at their early phases, however updates are anticipated within the coming months.