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As featured on NewsNow: Football news

Roma deny Pallotta seeking to sell stake

Roma deny they're seeking to sell a share in the club.

Bloomberg has reported that James Pallotta is looking to sell 40 per cent of the club for €75m.

But Roma announced: “Regarding the story about the club published by Bloomberg on Thursday, AS Roma denies the suggestion that the current ownership is looking to sell a part of its stake in the club.

“While speaking with the reporter of the story Roma president James Pallotta stated that he was not looking for new investors in the club, although he acknowledged that he occasionally received expressions of interest from the international financial community.

“The president also specified to the journalist that, once the club's Stadio della Roma-Tor di Valle project receives final approval, new capital will be raised both from within the current ownership and from external sources in order to finance the building of the new stadium."

Carlos Volcano
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Carlos Volcano

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