AS Roma insist their finances are not in trouble after reports of a €78m hole in their accounts.

There have been reports of UniCredit bank and president James Pallotta discussing the need of a new €60m investment.

"I felt it was important to respond to the erroneous media reports regarding the purpose and nature of my meeting with Mr. Pallotta regarding AS Roma," said a Unibank spokesman.

"To be clear, Mr. Pallotta requested today's meeting in an on-going effort to maintain full transparency among senior shareholders, which UniCredit greatly appreciates. The financial speculation regarding the health of the club recently reported has not been accurate.

"Mr Pallotta and the US ownership group have confirmed their commitment to the club. They have met the obligations they have committed to at full value. We are confident that will continue in the future and we look forward to working with them to build up the club."