NEWS
Tuesday November 29 2011
‘Asia money ideal for Roma’

UniCredit’s Paolo Fiorentino has again intimated that the best route for Roma to raise money through investment comes from the Asian market.

Last week, the bank’s vice-general manager confirmed that UniCredit are looking to sell as much as 20 per cent of their 33 per cent share in Roma to an investment group stemming from China.

His belief is that by selling these shares, it will raise both funds and the brand value of the club at a time when they are planning out how to support building a new stadium for the Giallorossi.

Today, Fiorentino outlined that the fact they are looking to the East for investment is merely a reflection of the current economic climate in Italy.

“The problem is that no-one in Italy is investing. We have contacts, but the problem is that at the moment there is just not the potential to invest in Italy.

“If I were to draw a profile of an ideal investor for Roma, I would like someone who has interests in Asia. In Italy, we do not invest at this time.”

Fiorentino has already confirmed that any sale of their shares of the club will only be made at the approval of majority shareholder and club President Thomas Di Benedetto (pictured, right).

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