Football: Roma sold to American businessman Friedkin for $960m

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Rome, Aug 6, 2020 (AFP) - Roma on Thursday announced a change of ownership, with US billionaire Dan Friedkin buying the Serie A club for €591 million (S$960 million).. Read more at straitstimes.com.

Rome, Aug 6, 2020 - Roma on Thursday announced a change of ownership, with US billionaire Dan Friedkin buying the Serie A club for €591 million ."AS Roma can confirm that an agreement has tonight been reached between AS Roma SPV, LLC, the majority shareholder of AS Roma S.p.A, and The Friedkin Group regarding the sale of the club," the club said in a statement.

Pallotta bought two-thirds of the club's shares in 2012, but has had 100 percent ownership since 2014. "All of us at The Friedkin Group are so happy to have taken the steps to become a part of this iconic city and club," said Friedkin in a statement. According to Forbes, his fortune is estimated at just over US$4 billion , which would make him the 504th richest man in the world."Over the last month, Dan and Ryan Friedkin have demonstrated their total commitment to finalising this deal and taking the club forward in a positive way," said Pallotta.

 

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