Soccer: Roma looking to bring in Arab investor in March
New stakeholder could inject 100 million into Serie A club
22 February, 17:23
(ANSA) - Rome, February 22 - AS Roma are aiming to get a
wealthy Arab investor to take up a big stake in the three-time
Italian champions by the end of next month, sources at the Serie
A club said on Friday.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
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