President James Pallotta’s attempts to sell AS Roma to the Friedkin Group have hit a roadblock, as the two can’t agree on a price, claims Il Sole 24 Ore newspaper.
It has been speculated that Pallotta was ready to sell the club to the American company for €510m for a 51% share.
However, financial paper Il Sole 24 Ore believes that now there’s a split when it comes to the overall valuation of the club.
President James Pallotta’s attempts to sell AS Roma to the Friedkin Group have hit a roadblock, as the two can’t agree on a price, claims Il Sole 24 Ore newspaper.
It has been speculated that Pallotta was ready to sell the club to the American company for €510m for a 51% share.
However, financial paper Il Sole 24 Ore believes that now there’s a split when it comes to the overall valuation of the club.
Pallotta is thought to value Roma at close to €800m, when taking into account what he has injected into the club and the money spent on the proposed new stadium.
The Friedkin Group have reportedly presented an offer of €750m, and Il Sole 24 Ore state that Dan Friedkin, owner of the group, is of the opinion that the beleaguered stadium project shouldn’t hold that much financial value.
The paper believes that if a compromise isn’t found, the Texan group will walk away from the deal, with no further buyers interested in Roma.
Pallotta became President of the club in 2012.