US billionaire buys Italian club
2020-08-07T07:12:42+00:00
Shafaq News/ US billionaire Dan Friedkin has agreed a deal to purchase AS Roma, the Italian soccer giant confirmed on Thursday.
The Serie A side said formal contracts with Friedkin's consortium were signed on Wednesday, in a deal worth 591 million euros ($700m). The transaction is expected to be completed by the end of August.
James Pallotta, an American businessman who took over the club in 2011, said “Over the last month, Dan and Ryan Friedkin have demonstrated their total commitment to finalizing this deal and taking the club forward in a positive way. I am sure they will be great future owners for AS Roma."
