NEWS
Friday November 22 2013
Chinese investment in Roma?

Italian banking giant UniCredit is reportedly ready to sell its share in Serie A League leaders Roma to a Chinese investor.

On Thursday, Il Sole 24 Ore claimed that Wang Jianlin of Dalian Wanda was interested in becoming a shareholder of the capital giants.

“At present no decision on the stake has been taken,” a UniCredit statement read.

“UniCredit confirms that the asset is not strategic and would be available to consider possible opportunities to extract value from it.”

Reports today suggest that the man interested in the Giallorossi is not Jianlin, but actually Chen Fen – President and founder of the HNA group who are in the airline industry.

Fen is apparently ready to buy UniCredit’s 31 per cent of the 78 per cent controlling stake which Neep Roma Holding have in the club.

Roma is under the control of an American consortium, led by President James Pallotta. Minor investors hold a 19.5 per cent stake in the club, with Tikal Plaza SA having a 2.5 per cent stake.

The Stadio Olimpico outfit have been looking for fresh investors for some time and were in talks with Sheikh Adnan Adel Aref al Qaddumi al Shtewi. That proposed deal collapsed in March.

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