Football: Roma quash reports of financial woes
A newspaper claims that a representative from club’s stakeholder meets club president for a €60 million investment.
MILAN:
AS Roma have moved to quash reports that the club is in financial difficulties.
Il Messaggero newspaper claimed yesterday that Paolo Fiorentina, a representative from the club’s major stakeholder, UniCredit Bank, was meeting club president James Pallotta over the need for a €60 million investment.
Roma, however, released a statement on their website, dismissing the report.
“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 Fiorentina in the statement. “To be clear, Mr Pallotta requested today’s meeting in an ongoing 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.”
Published in The Express Tribune, March 29th, 2013.
AS Roma have moved to quash reports that the club is in financial difficulties.
Il Messaggero newspaper claimed yesterday that Paolo Fiorentina, a representative from the club’s major stakeholder, UniCredit Bank, was meeting club president James Pallotta over the need for a €60 million investment.
Roma, however, released a statement on their website, dismissing the report.
“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 Fiorentina in the statement. “To be clear, Mr Pallotta requested today’s meeting in an ongoing 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.”
Published in The Express Tribune, March 29th, 2013.