ROME: U.S. billionaire Dan Friedkin has signed a deal to purchase the Italian Serie A soccer club AS Roma, the club said on Thursday.
Roma said formal contracts with the Friedkin Group were signed on Wednesday for a transaction valued at 591 million euros . The transaction is anticipated to close by the of the month."We have signed the contracts tonight and, over the coming days, will now work together to complete the formal and legal process that will result in the club changing hands," AS Roma president James Pallotta said in a statement.
"Over the last month, Dan and Ryan Friedkin have demonstrated their total commitment to finalizing this deal and taking the club forward in a positive way. I am sure they will be great future owners for AS Roma."Pallotta, a businessman of Italian descent, struggled to revive the fortunes of the club, which won the last of its three Serie A titles in 2001, and has seen his plans to build a new stadium frustrated by planning issues.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK clears Amazon deal to buy 16per cent stake in online food platform DeliverooBritain's competition regulator on Tuesday cleared Amazon's purchase of a 16per cent stake in online delivery group Deliveroo, following a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
UK clears Amazon deal to buy 16% stake in online food platform DeliverooBritain's competition regulator on Tuesday cleared Amazon's purchase of a 16per cent stake in online delivery group Deliveroo, following a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football: Rangers sign Swiss striker Itten on four-year dealRangers have signed Switzerland striker Cedric Itten from St Gallen on a four-year deal, the Scottish club said on Tuesday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football: Man City sign Valencia winger Torres on five-year dealLONDON (REUTERS) - Manchester City have signed Spanish winger Ferran Torres from Valencia with the 20-year-old putting pen to paper on a five-year deal, the Premier League club announced on Tuesday (Aug 4).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Football: Man City sign Valencia winger Torres on five-year dealManchester City have signed Spanish winger Ferran Torres from Valencia with the 20-year-old putting pen to paper on a five-year deal, the Premier ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Football: Spurs agree deal with Saints to sign Hojbjerg, sell Walker-PetersTottenham Hotspur have agreed a deal in principle with Southampton to sign Denmark midfielder Pierre-Emile Hojbjerg with full back Kyle ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »