Soccer: Roma looking to bring in Arab investor in March
New stakeholder could inject 100 million into Serie A club22 February, 17:23
On Thursday the club issued a statement saying it had reached a preliminary deal for Sheik Adnan Adel Aref al Qaddumi al Shtewi, who is said to be a member of the Saudi royal family, to enter its ownership group.
Roma chairman James Pallotta is studying ways for the sheik to take up a stake via two capital increases of 50 million euros each, according to media reports. Pallotta is part of a Boston consortium that made Roma Serie A's first foreign-controlled club in 2011.
The American owners have big plans and want to build a new stadium for Roma. photo: Roma chairman James Pallotta