NEWS
Sunday February 24 2013
Bank 'doubts' over Roma Sheikh

Questions are raised over new Roma investor Sheikh Adnan Adel Aref al Qaddumi al Shtewi, as bank Unicredit confirm they “have some doubts.”

The Giallorossi released a statement this week announcing they had a preliminary agreement with the Sheikh for an investment, reported to be up to €100m.

He is expected to fly in to Boston today for a meeting with Roma President James Pallotta.

However, the media in Italy have been researching his business interests and are unconvinced, as he has been living in the country for over 20 years and yet has made hardly any investments.

Roma are still partly owned by the Unicredit bank as part of the deal that saved the club from bankruptcy under the Sensi family.

“By Monday or at most Tuesday, the Sheikh must prove he has the cash to invest,” warned Unicredit Vice-Director General Paolo Fiorentina.

“Without money, it will all disappear. Perhaps this move will have to be dragged out for a little longer. We might be wrong, but we do have some doubts on the consistency of his funds.”

Meanwhile, it is reported that the Sheikh is targeting Napoli Coach Walter Mazzarri for next season with Michele Padovano – who has acted as an intermediary in negotiations – joining the Board of Directors.

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